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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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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
November 12, 2014
06:36 EDTLNVGYOrder visibility highest for Apple, Lenovo shipments in 2015, DigiTimes says
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November 11, 2014
06:03 EDTLNVGYQ4 global tablet shipments estimated at 74.5M units, DigiTimes reports
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November 10, 2014
08:26 EDTLNVGYBlackBerry CEO meets with Lenovo, seeks partnerships in China, Bloomberg reports
BlackBerry (BBRY) CEO John Chen acknowledged meeting with the heads of Xiaomi and Lenovo (LNVGY) and said his company's strengths in security, encryption and privacy may present opportunities for agreements on technology licensing, distribution or manufacturing in China, reported Bloomberg, citing an interview with Chen at the Asia-Pacific Economic Cooperation CEO Summit. Reference Link

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