Tag: Lenovo

Tablet market extends slide as consumer habits shift

WASHINGTON, United States (AFP) — The tablet craze from a few years ago showed more signs of fading this year, with most major producers reporting sales declines, market surveys showed Thursday. IDC reported an 8.5 percent drop in global tablet shipments to 36.2 million. This was the 10th straight quarterly decline for tablets, IDC said. A separate survey by Strategy Analytics pegged the decline for the quarter at 10 percent. IDC analyst Ryan Reith said […]

Lenovo launches ‘home assistant’ with Amazon Alexa

LAS VEGAS, United States (AFP) — Chinese tech giant Lenovo announced Tuesday it was launching a smart home assistant powered by Amazon’s Alexa, becoming the latest firm to enter the market for voice-activated devices. The new Smart Assistant, to go on sale for $129, will compete with Amazon’s Echo speakers using the artificial intelligence developed by Amazon. Lenovo made the announcement ahead of the opening of the 2017 Consumer Electronics Show, which features a dizzying […]

Lenovo looks beyond computers with slick new phones

SAN FRANCISCO, United States (AFP) — Chinese computer titan Lenovo showed off a keenly-awaited Tango smartphone on Thursday as it focused on a future at the heart of the Internet of Things. A market-ready PHAB2 Pro smartphone imbued with Google-created Tango augmented reality technology was given star treatment at a Lenovo Tech World gathering in San Francisco. PHAB2 can sense and map its surroundings, enabling holograms to be overlaid on real world settings for anything […]

Google buys Lenovo shares worth $750 million

(Reuters) – Internet search company Google Inc bought a 5.94 percent stake in China’s Lenovo Group Ltd last month for $750 million, according to a disclosure on the Hong Kong stock exchange. Google acquired 618.3 million Lenovo shares at $1.213 per share on January 30, the stock exchange said late on Thursday. Lenovo agreed to buy Google’s Motorola handset division last week for $2.91 billion in a cash and stock deal.

Google expects U.S. approval of Lenovo-Motorola deal

(Reuters) – Google Inc. Executive Chairman Eric Schmidt expressed confidence on Monday that Lenovo Inc would gain approval from U.S. regulators to buy Google’s Motorola smart-phone hardware business in what would be China’s biggest technology acquisition to date. Schmidt said he saw “a good chance” of the deal passing muster with the Committee on Foreign Investment in the United States, or CFIUS, which monitors acquisitions by overseas corporations. Speaking at a dinner organized by the […]

Sony, Lenovo in talks on possible PC business alliance: report

(Reuters) – Japan’s Sony Corp and Chinese technology company Lenovo Group are in talks about a possible joint venture to take over Sony’s loss-making Vaio PC business overseas, Japanese broadcaster NHK reported on Saturday. The Japanese electronics and media giant called the report inaccurate while acknowledging that it was looking at various possibilities for the unit. “Sony continues to address various options for the PC business, but the press report on a possible PC business alliance between Sony and Lenovo […]