Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON

MarketScreener Homepage  >  Equities  >  Hong Kong Stock Connect  >  Lenovo Group Limited    0992   HK0992009065

LENOVO GROUP LIMITED

(0992)
  Report
SummaryChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsPress ReleasesOfficial PublicationsSector newsMarketScreener StrategiesAnalyst Recommendations

Founder of China's biggest PC manufacturer Lenovo to retire

share with twitter share with LinkedIn share with facebook
share via e-mail
12/19/2019 | 02:23am EST

The founder of China'sLenovo Group Ltd., which acquired IBM Corp.'s PC division in the early 2000s, has decided to retire as chairman of the parent company of one of the world's largest PC manufacturers, Kyodo News learned Thursday.

Liu Chuanzhi, a 75-year-old Communist Party member, launched Lenovo in 1984. After the company topped the domestic PC market in 1997, it completed the acquisition of IBM's PC business in 2005, becoming the third-biggest PC maker in the world.

Lenovo also set up joint ventures in the PC space with Japan'sNEC Corp. and Fujitsu Ltd. in 2011 and 2018, respectively.

==Kyodo

© Kyodo News International, Inc., source Newswire

Stocks mentioned in the article
ChangeLast1st jan.
FUJITSU LIMITED -1.15% 12485 End-of-day quote.-0.60%
INTERNATIONAL BUSINESS MACHINES CORPORATION -0.91% 149.84 Delayed Quote.11.79%
LENOVO GROUP LIMITED -4.31% 5.55 End-of-day quote.-2.46%
NEC CORPORATION -0.31% 4780 End-of-day quote.-0.31%
share with twitter share with LinkedIn share with facebook
share via e-mail
Latest news on LENOVO GROUP LIMITED
02/21TODAY'S LOGISTICS REPORT : Maersk Seeks Anchor; Canada's Rail Standoff; Garlic M..
DJ
02/21LENOVO : Revision of Existing Annual Caps for the Continuing Connected Transacti..
PU
02/21LENOVO : Continuing Connected Transactions with NEC
PU
02/20LENOVO : 3Q Net Profit Beat Expectations -- Earnings Review
DJ
02/20LENOVO : 3Q Net Profit Rose 11%, Beating Expectations -- Update
DJ
02/20Lenovo's third-quarter beat, confidence on managing virus impact boost shares
RE
02/20LENOVO : third quarter profit jumps 11% as shipments rise
RE
02/19LENOVO : 3Q Net Profit Rose 11% Beating Expectations
DJ
02/19LENOVO : Delivers Record Setting Q3 Performance With All Time Revenue And PTI Hi..
BU
02/19LENOVO : FY2019/20 Third Quarter Results Announcement
PU
More news
Financials (USD)
Sales 2020 49 983 M
EBIT 2020 1 460 M
Net income 2020 648 M
Debt 2020 1 910 M
Yield 2020 4,68%
P/E ratio 2020 12,9x
P/E ratio 2021 10,8x
EV / Sales2020 0,21x
EV / Sales2021 0,18x
Capitalization 8 563 M
Chart LENOVO GROUP LIMITED
Duration : Period :
Lenovo Group Limited Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends LENOVO GROUP LIMITED
Short TermMid-TermLong Term
TrendsNeutralNeutralBearish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 18
Average target price 0,93  $
Last Close Price 0,71  $
Spread / Highest target 279%
Spread / Average Target 30,7%
Spread / Lowest Target -15,8%
EPS Revisions
Managers
NameTitle
Yuan Qing Yang Chairman & Chief Executive Officer
Gianfranco Lanci President & Chief Operating Officer
Wai Ming Wong Chief Financial Officer & Executive Vice President
Arthur Hu Chief Information Officer & Senior Vice President
Yong Rui Chief Technology Officer & Senior Vice President
Sector and Competitors
1st jan.Capitalization (M$)
LENOVO GROUP LIMITED-2.46%8 562
DELL TECHNOLOGIES INC.0.64%37 742
HP INC.10.46%32 987
HEWLETT PACKARD ENTERPRISE COMPANY-10.59%18 337
SEAGATE TECHNOLOGY PLC-9.16%14 102
GOERTEK INC.--.--%11 535