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Stock Market & Financial Investment News

News Breaks
January 21, 2014
06:14 EDTLNVGYLenovo to resume ThinkPad ODM production, DigiTimes reports
Lenovo is likely to resume ThinkPad ODM production at Wistron and original ODMs after shifting 60% of the production to LCFC in 2H13, reports DigiTimes. According to sources with Taiwan's supply chain, the resumption comes after LCFC's capacity and yield rates have fallen short of its original expectation. Reference Link
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April 23, 2015
15:38 EDTLNVGYEarnings Watch: Citi says sell Microsoft shares, Wells Fargo sees outperformance
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April 21, 2015
12:13 EDTLNVGYLenovo expands recall of battery packs for ThinkPad notebook computers
Lenovo is expanding the recall of battery packs for ThinkPad notebook computers to about 148,800 in the United States and 17,700 in Canada; about 34,500 in the United States and 2,900 in Canada were recalled in March 2014. Lenovo has received four reports of incidents of battery packs overheating and damaging the computers, battery packs and surrounding property. One incident included a consumer's skin being reddened and burn marks on the consumer's clothing. Consumers should immediately turn off their ThinkPad notebook computer, remove the battery pack and contact Lenovo for a free replacement battery pack. Consumers can continue to use their ThinkPad notebook without the battery pack by plugging in the AC adapter and power cord.

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