China's Lenovo Group is buying IBM's low-end server business for $2.3 billion, expanding a product line-up dominated by PCs, tablets and smartphones.
Just when Intel Corp. finally is making real progress in the desperate push to get its chips into smartphones and tablets, the tech titan finds itself in a Catch-22.
Worldwide sales of personal computers dropped for a fifth consecutive quarter in the April-June period, the longest decline in the PC market's history, a research firm said Wednesday.
Smartphone sales will eclipse those of basic mobile phones this year for the first time as desire for handheld computing power grows, a market tracker said Tuesday.
Despite being battered by the slumping personal computer market, Intel signaled its commitment to its current course with the selection Thursday of chief operating officer Brian Krzanich as CEO and software head Renee James ...
China unseated the United States last year as the top market for personal computers due to demand in rural areas where people opt for desktop machines, according to market tracker IHS iSuppli.
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.
Buyout specialist Blackstone Group LP is dropping its effort to acquire Dell as the computer maker faces slumping sales in personal computers and worsening financial projections.
Google's latest quarterly results provided further proof that the Internet search leader is figuring out how to make more money as Web surfers migrate from personal computers to mobile devices.
Sales of traditional desktop and mobile personal computers are expected to drop 7.6 percent this year as consumers shift to tablets and other devices, a market tracker said Thursday.