China's Lenovo reports Q2 loss following cuts (Update)
Chinese technology giant Lenovo said Thursday it saw a loss for the second quarter following a restructuring plan, despite stronger sales in its mobile business.
Chinese technology giant Lenovo said Thursday it saw a loss for the second quarter following a restructuring plan, despite stronger sales in its mobile business.
Business
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LG Electronics Inc. said Thursday it has lost money in the fourth quarter as costs from the closure of its plasma TV operations offset a recovery in its mobile phone business.
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The chairman of Samsung Electronics Co.'s board of directors, who has been the public face of the company after its de facto chief was jailed on corruption charges, said Friday he will resign next year to make way for a new ...
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Lenovo Group has received U.S. and European approval to complete its acquisition of IBM Corp.'s low-end server business and plans to use it to grow faster outside its personal computer business, Lenovo's chairman said Monday.
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Regulators are investigating whether U.S. technology companies Qualcomm and InterDigital violated China's anti-monopoly law by charging excessive fees for patent licenses, a government spokesman said Wednesday.
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During the first year of the pandemic, and amid protests for racial justice following the murder of George Floyd, tech companies such as Google, Yelp and DoorDash started "Black-owned" labeling campaigns to encourage customer ...
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Japan's NEC cast off two straight years of losses Friday, reporting it had returned to the black after a painful restructuring including layoffs and a business overhaul.
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Micro-blogging pioneer Twitter is still looking for ways to make money despite taking much of the world by storm, co-founder Biz Stone said.
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Think about the last time your air conditioner failed you. You didn't go to Home Depot and walk out with a compressor on your cart. The heart of the AC business is the contractor, waiting for your call, serving people all ...
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Sony expects its annual loss to swell to $2 billion and has canceled dividends for the first time in more than half a century after writing down the value of its troubled smartphone business.
Business
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