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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
News For LNVGY From The Last 14 Days
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November 26, 2014
06:30 EDTLNVGYLenovo, Acer expect good PC sales during IT month in Taiwan, DigiTimes reports
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November 17, 2014
07:28 EDTLNVGYSamsung pushing supply chain to cut OLED panel component prices, DigiTimes says
Samsung Display (SSNLF), which is looking to be price competitive with its own smartphone and has also attracted new customers including Motorola Mobility, Dell and Lenovo (LNVGY) that are developing Samsung Display OLED technology either in smartphones or notebooks, is pushing supply chains, including backlight makers, to lower pricing for components by as much as 30% during Q4, said DigiTimes. Reference Link
November 13, 2014
11:51 EDTLNVGYLenovo selected by Fixnetix as x86 server technology partner
Lenovo announced that Fixnetix, a managed service provider, chose Lenovo as its x86 server technology partner for its managed services contract at one of the world’s largest global banks. The estimated $3.5M deal, includes 700 System x3650 M4 servers, upgraded maintenance and flexible financing.
06:22 EDTLNVGYLenovo, Asustek to launch $149 Chromebook, DigiTimes reports
Lenovo and Asustek plan to release Chromebooks using Google (GOOG) certified solutions from Rockchip in 1H15, reports DigiTimes. According to DigiTimes Resarch's latest finding from the Greater China supply chain, the devices are expected to be priced at $149. Reference Link

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