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Global News at a Glance

 Parts Now moves into computer parts Parts Now has announced its entry into the computer parts market. The company will serve as a single source for new and refurbished IT service parts. Its expanded product...

Lenovo in talks for Packard Bell

7 August 2007 — Hong Kong (CHN): Lenovo has announced that it has entered in to memorandum of understanding to acquire Packard Bell, the European PC manufacturer. Lenovo says that it is working with...

3M and Sony agree settlement

30 July 2007 — St Paul (MN): 3M and Sony have reached a global settlement regarding a lithium ion battery patent dispute. 3M filed lawsuits in March against five electrical giants claiming they had...

Global News at a glance

 Meiko Shokai launches US affiliate Japan's biggest paper shredder company, Meiko Shokai, has launched its first US affiliate in California - MS Secure Shred. The affiliate is to start shipping products by the end of...

3M sues over battery patents

 8 March 2007 — Tokyo (JPN): 3M has filed suits against five electrical giants claiming they have infringed on lithium-ion battery patents. Sony, Lenovo Group, Hitachi, CDW and Panasonic maker Matsushita Electric Industrial have all...

Lenovo posts strongest growth since 2005

1 February 2007 — Hong Kong (CHN): Lenovo earned $57.7 million during Q4, a 23 percent rise from $46.8 million last year, its strongest growth rate since its purchase of IBM's PC business in...

President of Lenovo Americas resigns

25 January 2007 — Shanghai (CHN): Lenovo Group's Americas president, Scott Smith, is leaving the company to "pursue other interests". Rory Read, VP of operations, will take over Smiths responsibilities as an interim measure...

Lenovo reports profit tumble

 9 November 2006 — Hong Kong (CHN): Lenovo Group has posted a 53 percent drop in its fiscal first-half net profit. The world's number 3 PC maker has struggled to gain a foothold in the...

Tech Data appoints Lenovo exec

14 November 2006 — Clearwater (FL): Tech Data has appointed Murray Wright as senior VP of US sales, effective from 27 November. Wright joins the company from Lenovo Canada, where he served as president...

Time bomb

 Not so very long ago, the office product industry's main concern in terms of its environmental responsibility was focused on the paper sector. Waste was another issue, with cartridges and electronics products – and...

Lenovo partnering with major printer maker?

13 October 2006 — Beijing (CHN): Lenovo is rumoured to be joining forces with a major printer maker as it branches out into the Chinese printing market. Lyra Research will present the Made (and Invented)...

I know what you did last summer

 Dell may well look back on August 2006 with a wry eye. But then again, maybe not. The firm's month of bad luck has featured battery recalls and worse than expected results. But most worryingly,...

Lenovo undecided about TriGem

 1 September 2006 — Hong Kong (CHN): Lenovo has announced that it is undecided as to whether to acquire troubled Korean PC maker, TriGem Computer. Lenovo's CEO, Bill Amelio, said that a decision is a...

Dell’s long, hot summer of discontent

 Dell has been suffering from a turbulent summer. Not only did the company post a staggering 51 percent fall in Q2 net income and embark on a massive recall of laptop batteries, but to...

Analysts predict weak Q2 for Lenovo

1 August 2006 — Hong Kong (CHN): Lenovo is expected to post its second quarterly loss following its 2005 $1.25 billion purchase of IBM's loss making PC division, according to reports.               The company...

Another Dell exec flies nest for Lenovo

31 August 2006 — Hong Kong (CHN): Lenovo Group has appointed Gerry Smith as SVP of the company's global supply chain.               Smith is the fifth former Dell executive to join Lenovo this month....

Dell and partners to hold battery summit

 25 August 2006 — San Jose (CA): Dell, Hewlett-Packard, Lenovo and Apple are to hold a technical summit next month in San Jose, California, as the first step in establishing manufacturing standards for lithium-ion...

Dell Q2 net income plummets 51 percent

 18 August 2006 — Rolling Rock (TX): Dell has announced a five percent rise in Q2 revenue to $14.1 billion compared to $13.4 billion a year earlier. Net income fell by 51 percent to $502...

Ex Dell execs to head up new Lenovo units

 25 August 2006 — Hong Kong (CHN): Lenovo Group is to streamline its customer service operations through the creation of the Singapore-based Lenovo Services business unit. The group has also set up its Centre of...

Lenovo welcomes return to profit

4 August 2006 — Purchase (NY): Lenovo Group has posted quarterly profit, for the three months ended 30 June, of $5 million, a decrease of 90 percent compared to the year-ago period, but a...

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