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Stock Market & Financial Investment News

News Breaks
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
News For LNVGY From The Last 14 Days
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August 28, 2015
05:52 EDTLNVGYTrendforcce expects global tablet shipments to reach 163M units, DigiTimes says
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August 26, 2015
08:35 EDTLNVGYLenovo added to Best of Bernstein list at Bernstein
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August 25, 2015
13:13 EDTLNVGYGerman court rejects Apple 'slide to unlock' patent appeal, Reuters says
The German Federal Court of Appeals has ruled that Apple's (AAPL) patents covering its "slide to unlock" smartphone feature are invalid, reports Reuters. The patent dispute was originally filed by Motorola Mobility, previously owned by Google (GOOG) but now a unit of Lenovo (LNVGY), according to the report. Reference Link
August 24, 2015
06:16 EDTLNVGYLenovo could raise PC prices in China, DigiTimes reports
Lenovo may look to raise prices of PCs in China at the end of this month due to the Chinese yuan depreciation, sources from the upstream supply chain tell DigiTimes. The sources, who say Acer and Asustek Computer will follow suit in September, add that Lenovo will raise prices in Southeast Asia following the price increases in China. Reference Link
August 21, 2015
12:13 EDTLNVGYBrocade soars after Q3 results top estimates
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06:01 EDTLNVGYABI Research: Portable PC sales to remain flat in 2015, DigiTimes says
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August 20, 2015
18:07 EDTLNVGYBrocade seeing pressure in server business due to IBM-Lenovo deal
Brocade (BRCD) says "where we've really seen pressure has been in our server related business," due to market conditions as well as divestiture of IBM's (IBM) commodity business to Lenovo (LNVGY). Says growth of flash storage continues to be one of the "most disruptive" factors in data center. Comments taken from Q3 earnings conference call.
August 18, 2015
08:08 EDTLNVGYBrocade expands OEM relationship with Lenovo
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August 17, 2015
09:03 EDTLNVGYLenovo, StorMagic to offer software-defined-storage for small business
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07:30 EDTLNVGYLenovo weakness overdone, says Bernstein
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