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Stock Market & Financial Investment News

News Breaks
May 29, 2014
06:07 EDTLNVGYLenovo look for ways to raise the ASPs of its smart phones, DigiTimes says
Lenovo will look to raise the ASP of its smartphones by ramping its share in the mid-range to high-end segment by optimizing the brand image of Motorola, reports DigiTimes, according to sources in Taiwan's supply chain. Lenovo aims to launch mid-range to high-end smartphones under the Motorola brand for sale in more mature markets while boosting sales of entry-level to mid-range models under the Lenovo brand in emerging markets. Reference Link
News For LNVGY From The Last 14 Days
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September 2, 2014
21:05 EDTLNVGYLenovo Group management to meet with JPMorgan
Meeting to be held in Toronto on September 5 hosted by JPMorgan.
August 28, 2014
06:37 EDTLNVGYSamsung, Lenovo China supplier rejects child labor claims, Reuters says
HEG Technology, a China-based supplier for Samsung (SSNLF) and Lenovo (LNVGY), denied that it employed child workers and rejected claims from watchdog China Labor Watch which alleged that the supplier hired over 10 children under the age of 16 to work at its factory, according to Reuters, citing comments from an employee at HEG Technology's human resources department. Reference Link
06:32 EDTLNVGYSamsung, Lenovo hit with child labor allegations in China, FT says
Samsung (SSNLF) and Lenovo (LNVGY) are up against new child labor claims after a supplier in China, HEG Electronics, had supposedly employed over 10 children under the age of 16, according to the Financial Times, citing remarks from China Labor Watch. The news comes only one month after activists discovered evidence of child employees at another Chinese contractor used by Samsung. Reference Link
August 26, 2014
07:20 EDTLNVGYTablets seen declining, notebooks growing in 2014, DigiTimes says
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August 21, 2014
11:44 EDTLNVGYHP hits 52-week high after solid revenue growth, positive analyst commentary
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August 20, 2014
06:12 EDTLNVGYLenovo to decrease notebook production outsourcing, DigiTimes reports
Lenovo plans to reduce notebook outsourcing as it raises in-house notebook production in 2015, reports DigiTimes. Citing Taiwan-based supply chain makers based on Lenovo's requests for quotation for 2015, total outsourcing orders will decrease by over 3M units on year and the correpsonding proportion of targets is expected to slip to 40% from 50%. Reference Link

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