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Lenovo Completes Acquisition of Motorola Mobility from Google

Lenovo and Google announced today that Lenovo's acquisition of Motorola Mobility from Google is complete. The acquisition of the Motorola brand and Motorola's portfolio of innovative smartphones like Moto X, Moto G, Moto E and the DROID series, as well as the future Motorola product roadmap, positions Lenovo as the world's third largest maker of smartphones.

Lenovo will operate Motorola as a wholly-owned subsidiary. Motorola's headquarters will remain in Chicago. With the completion of the acquisition, Lenovo welcomes the addition of a new portfolio company with nearly 3,500 employees around the world - including about 2,800 in the U.S. - who design, engineer, sell and support Motorola's outstanding devices.

Lenovo Announces New E-Series and ThinkCentre M-Series Desktops

Lenovo today announced a number of new products and updates to its ThinkCentre and Lenovo line of desktops designed for business users. The ThinkCentre M83 desktop PC is the newest member of the M Series "Tiny" space-saving desktops and the affordable new Lenovo E50-05 joins Lenovo's desktop tower series. In addition to these new products, the stylish and slim ThinkCentre E63z all-in-one is now available with Intel Core i3 processors for an even more responsive PC experience.

"Lenovo remains focused on expanding and improving upon its existing desktop product lines to power businesses of all sizes," said Ouyang Jun, vice president and general manager, Desktop and Visuals, Lenovo. "Our new and affordable Lenovo E50-05 tower and ThinkCentre M83 'Tiny', along with the update to our E63z, are the latest in our ongoing efforts to meet user demands for optimal performance, reliability and manageability."

New Lenovo YOGA Tablet 2 Gives Consumers New Ways to Do More

Lenovo today announced more choice for consumers with the expansion of its popular YOGA line of tablets with the new YOGA Tablet 2. Consumers can now for the first time choose Windows models, available in 8-in and 10-in sizes. Lenovo is also offering new Android models in 8-in and 10-in models with the new 13-in YOGA Tablet 2 Pro.

With even more features that adapt to users like the new Hang mode and improved kickstand, these tablets give consumers a new way to do more of the things they love. Designed for today's mobile and digital lifestyles, they feature captivating audio, high resolution cameras, Intel Atom processors and dual band speed WiFi with optional 4G1 supported by the Intel XMM 7160 modem.

Lenovo and Ashton Kutcher Unveil New YOGA Tablet 2 Pro

Lenovo today announced a new way to read, watch, connect and create with the new YOGA Tablet 2 Pro. Developed with Ashton Kutcher, who joined Lenovo as a product engineer a year ago, the new YOGA Tablet 2 Pro redefines the tablet experience. Not only does it surprise and delight users with a number of premium technologies, it delivers innovation that ties together hardware and software innovation in a new way.

Designed to focus on an elevated media experience, the YOGA Tablet 2 Pro has as its star feature a built-in Pico projector. The projector lets users turn inside walls into an instant TV or movie screen. Lenovo paired this premium technology for great video with unbelievable sound by giving the tablet a first - an 8 watt sound system with a subwoofer. These exceptional features along with a host of other technologies make the YOGA Tablet 2 Pro like no other tablet.

New Lenovo Ultra Slim YOGA 3 Pro Adapts to Users

Lenovo today announced the new YOGA 3 Pro, an ultra slim convertible PC. The new 13-in YOGA 3 Pro uniquely address users' desires for an extremely stylish device, best-in-breed performance capabilities and the hardware and software adaptability they crave. The YOGA 3 Pro provides this and more: an unbelievably thin and light frame with new watchband hinge design, a QHD+ screen and Harmony, Lenovo's intuitive software that adapts to users' personal preferences as they use the device in its different modes.

While the YOGA 2 Pro became synonymous with thin and light, the new YOGA 3 Pro takes this concept even further by shaving 17 percent from its predecessor's frame at just 12.8 mm thin - thinner than a pencil when opened. The PC also comes in lighter at 1.19kg - 14 percent less than before - lighter than a bottle of water. The device achieves this incredibly thin and light design thanks to Lenovo's new watchband hinge constructed from more than 800 pieces of steel and aluminum. Lenovo engineers redesigned the original YOGA hinge so that it now provides the same degree of flexibility and flatness seen in metallic watch bands. Instead of two focus points, there are now six. Complementing the distinctive new hinge design, the YOGA 3 Pro is available in three eye-catching colors: Clementine Orange, Platinum Silver or Champagne Gold.

PC Shipments Down By 1.7% in Q3, According to IDC

Worldwide PC shipments totaled 78.5 million units in the third quarter of 2014 (3Q14), a year-on-year decline of -1.7% and a sizable improvement over the forecast of -4.1%, according to the International Data Corporation (IDC) Worldwide Quarterly PC Tracker.

Many of the trends from the second quarter remained relevant and contributed to the 3Q14 results. Commercial PC purchases played a key role in many markets, with the top three vendors - Lenovo, HP, and Dell - all showing solid year-on-year growth. Conversely, fierce competition and a spiral toward tablet-like prices helped to further consolidate the market. Shipments of entry systems, including Chromebooks, continued to inject an important source of volume and sustained improved consumer demand in certain markets over recent quarters.

Lenovo Completes Initial Closing for Acquisition of IBM's x86 Server Business

Lenovo and IBM today announced that they have completed the initial closing for Lenovo's acquisition of IBM's x86 server business under the terms described in their announcement on Monday, September 29, 2014. Lenovo is acquiring System x, BladeCenter and Flex System blade servers and switches, x86-based Flex integrated systems, NeXtScale and iDataPlex servers and associated software, blade networking and maintenance operations. IBM retains its System z mainframes, Power Systems, Storage Systems, Power-based Flex servers, and PureApplication and PureData appliances.

As part of the agreement, Lenovo and IBM have also established a strategic alliance where Lenovo will serve as an Original Equipment Manufacturer (OEM) to IBM and will resell select products from IBM's industry-leading storage and software portfolio. These include IBM's entry and midrange Storwize storage product family, Linear Tape Open (LTO) products, and elements of IBM's system software portfolio, including Smart Cloud software, General Parallel File System and Platform Computing solutions.

Lenovo Set to Close Acquisition of IBM's x86 Server Business

Lenovo announced today that conditions for Lenovo's acquisition of IBM's x86 server business have been satisfied and the parties anticipate they will begin closing the transaction effective on October 1, 2014. The acquisition will make Lenovo the third-largest player in the $42.1 billion global x86 server market. Lenovo is acquiring System x, BladeCenter and Flex System blade servers and switches, x86-based Flex integrated systems, NeXtScale and iDataPlex servers and associated software, blade networking and maintenance operations. IBM will retain its System z mainframes, Power Systems, Storage Systems, Power-based Flex servers, PureApplication and PureData appliances.

"With the close of the x86 acquisition, Lenovo will add a world-class business that extends our capabilities in enterprise hardware and services, immediately making us a strong number three in the global server market," said Yang Yuanqing, chairman and CEO of Lenovo. "Now, our priorities are to ensure a smooth integration and deliver a seamless transition for customers. By combining Lenovo's global reach, efficiency and operational excellence with IBM's legendary quality, innovation and service, I am confident that we will have competitive advantages to help us drive profitable growth and build Lenovo into a global enterprise leader."

Lenovo Announces New Business Desktops and Laptops

Lenovo today announced at the 2014 IFA Consumer Electronics Unlimited show in Berlin a portfolio of business and consumer devices that provide tailored solutions to some of the most common business user headaches and that delight consumers in unexpected ways.

The lineup starts with the new ThinkPad Helix, a complete business 2-in-1 Ultrabook that elevates thin and light design and takes multimode computing to the next level with the latest state of the art hardware. Lenovo also introduced two new all-in-one (AIO) tabletop PCs: the 19.5-inch HORIZON 2s, Lenovo's thinnest tabletop PC packed with premium features, plus the 21.5-inch HORIZON 2e, Lenovo's most affordable tabletop PC. In addition, Lenovo announced the ThinkCentre Tiny-in-One 23, a new way for businesses to customize a secure AIO desktop solution, and the thinner and lighter Edge 15, an ultra-sleek dual-mode laptop for consumers.

Lenovo Announces New ERAZER X315 Gaming PC and Y70 Touch Notebook

Lenovo today announced at the 2014 IFA Consumer Electronics Unlimited show in Berlin an expanded portfolio of tablets and PCs that gives consumers more options for tablets that fit their mobile lifestyle as well as choices of dedicated gaming PCs. The new lineup kicks off with the TAB S8, Lenovo's first Intel-powered Android tablet. Lenovo also announced two new high-performance gaming PCs: the Y70 Touch, Lenovo's first 17-inch touch laptop with the latest processor and graphics technology for HD gaming, and the ERAZER X315, Lenovo's latest affordable desktop gaming PCs.

Lenovo Expands ThinkCentre Range with Affordable Desktop PCs for Business

Lenovo today announced the latest additions to its ThinkCentre desktop PC line designed for business users. The ThinkCentre E63z packs a blend of essential features and affordable performance into an impressively thin all-in-one form factor. Lenovo also introduced a new member of its astonishingly small "Tiny" series with the M53 desktop PC. The M53 features Intel Pentium power, wireless connectivity and the unique USB keyboard power-on technology allowing the user to power up from a keyboard. In addition, Lenovo's new high value ThinkCentre M79, available in mini tower or small form factor, includes Trusted Platform Module (TPM) 1.2 for enhanced security and enhanced remote management capability.

Designed with businesses in mind, these desktops now feature Smart USB Protection giving users or IT managers the ability to control access and usage of USB ports, and Solid State Hybrid Drive (SSHD) support to boost system performance. Also common are industry leading energy saving certifications including Energy Star 6.0 and EPEAT ratings.

Lenovo Delivers Strong Growth and Hits Milestones in First Quarter 2014/15

Lenovo Group today reported results for its first fiscal quarter ended June 30, 2014, with quarterly revenue of US$10.4 billion, an 18 percent increase year-over-year while quarter pre-tax income increased 22 percent year-over-year to US$264 million. Earnings grew 23 percent year-over-year to US$214 million, while the Company hit market share and financial performance milestones.

Lenovo maintained its number three ranking in smart connected devices growing shipments by 28 percent year-over-year. It has been the world's largest PC maker for five consecutive quarters with its highest-ever quarterly market share of 19.4 percent up 2.7 points year-over-year, driven by big share gains in EMEA and the Americas. Lenovo's PC shipments for the first fiscal quarter were up 15 percent to 14.5 million units, the 21st quarter in a row that Lenovo outperformed the industry as a whole.

Lenovo Announces ThinkStation P Series

Lenovo today, at SIGGRAPH 2014 in Vancouver, British Columbia, announced the launch of the ThinkStation P Series, unveiling its vision for the ultimate in desktop workstation performance, reliability and usability. Rebuilt from the ground up, the Lenovo ThinkStation P900, P700 and P500 workstations join the entry-level ThinkStation P300, announced in May 2014, as the most powerful professional-grade desktop workstations available. Now, professionals in engineering, architecture, media and entertainment, oil & gas, medical & science, finance and other industries can arm themselves with workstation technology selected and configured to meet their needs for enhanced productivity and limitless innovation.

"After a period of intensive research, development and testing, we're excited to introduce our next generation workstations to the market, as we truly believe this is the best designed workstation ever," said Victor Rios, vice president and general manager, Workstation, Lenovo. "We built on the advancements delivered in our 30 Series workstations and engineered the P Series with new levels of innovation based on extensive customer feedback. The result for users is optimum performance, outstanding reliability and unparalleled usability that is unlike anything they have experienced."

PC Shipments Down 1.7% in Q2, According to IDC

Worldwide PC shipments totaled 74.4 million units in the second quarter of 2014 (2Q14), a year-on-year decline of -1.7%, according to the International Data Corporation (IDC) Worldwide Quarterly PC Tracker. The results reflect the smallest decline in global PC shipments since the second quarter of 2012 when declining shipments of mini notebooks combined with a surge in tablet sales to disrupt the PC market.

Buoyed by both continued business PC replacements and returning consumer interest, the preliminary results for 2Q14 are markedly better than the projected decline of -7.1% for the quarter. Despite the end of Windows XP support in early April, it appears many Windows XP migrations continue to take place. Most major vendors saw solid growth, and early indications also point to desktop shipments being stronger than expected in some areas, signaling continued business buying. The consumer side also appears stronger than expected, with growing activity among the lower-priced models as well as Chromebooks.

Worldwide PC Monitor Market Declines in Q1 2014, According to IDC

Worldwide PC monitor shipments totaled nearly 33.7 million units in the first quarter of 2014 (1Q14), a year-over-year decline of -0.4%, according to the International Data Corporation (IDC) Worldwide Quarterly PC Monitor Tracker. IDC expects worldwide shipments to continue on their current trajectory, slipping to 106 million units for the full year 2018.

"Despite the overall decline, the shipment totals were stronger than the forecast of 31 million units," said Phuong Hang, Program Director, Worldwide Trackers at IDC. "Geographically, Japan and the Middle East and Africa (MEA) regions delivered the largest gains during the first quarter while Dell and HP both experienced solid shipment growth."

Lenovo Introduces the ThinkServer RS140 1U Rack Server

Lenovo today announced the ThinkServer RS140, a powerful yet affordable entry-level single-processor 1U rack server ideal for small-to-medium sized businesses (SMB) and remote office deployments.

Available with a range of processor choices including the latest next-generation Intel Xeon E3-1200 v3 series processors, customizable options, and Intel AMT 9.0 for remote manageability, this highly versatile rack server can accommodate a variety of workloads, including distributed enterprise and datacenter edge, as well as standalone applications such as retail, collaboration, and IT infrastructure.

VESA Elects New Board Officers

The Video Electronics Standards Association (VESA) today announced the election of new Board of Directors leadership. Alan Kobayashi of MegaChips has been elected Board Chair; Syed Athar Hussain has been re-elected Vice Chair; and Richard Hubbard of Texas Instruments has been elected Secretary/Treasurer. The new leadership slate will serve one-year terms of office.

Alan Kobayashi, VESA's new Board Chair, is Fellow & Executive R&D Management for DisplayPort Group at MegaChips Technology America. Based in San Jose, CA, Mr. Kobayashi has served in a variety of senior corporate technology roles, and he has been an author of VESA's DisplayPort Standard and served as Chair of the DisplayPort Task Group, the Leader of the organization's PHY/Link Layer Compliance Sub-groups, and as a VESA Board member. Mr. Kobayashi holds several dozen patents in the area of A/V transport and display.

"VESA's work developing standards and establishing compliance test protocols is of strategic importance to the entire video display ecosystem," explained Alan Kobayashi. "I hope to help guide the organization as we continue to enhance our existing, widely adopted standards, while also developing solutions for the industry's emerging video challenges."

Lenovo Outperforms Market in 4th Quarter and Full Year 2013/14

Lenovo Group today announced results for its fourth fiscal quarter and full-year ended March 31, 2014. With record full-year revenue of US$38.7 billion, an increase of 14 percent year-over-year, a record full-year pre-tax income of US$1.01 billion, up 27 percent year-over-year and record full year earnings of US$817 million, up 29 percent, Lenovo had a truly outstanding year.

Lenovo expanded its number one position in PCs, adding 2.1 points of market share to post a record 17.7 percent total share for the full-year, representing five percent year-over-year growth, compared to an overall industry decline of 8 percent during this same period.

Intel Architecture Fuels New Wave of Chrome Devices

Intel Corporation and other companies today introduced a new lineup of Chrome devices, including the first designs using Intel Celeron processors based on the Bay Trail-M system-on-chip (SoC). A new class of Chromebooks based on the 4th generation Intel Core i3 processor were also unveiled. The announcements were made at a press conference in San Francisco hosted by Navin Shenoy, vice president and general manager of Intel Mobile Client Platforms Group and Caesar Sengupta, vice president, product management, Chrome OS at Google as well as representatives from Acer, ASUS, Dell, HP, Lenovo, LG Electronics USA and Toshiba.

"Intel has grown to become the No. 1 microprocessor in Chrome systems," said Shenoy. "We've been working on five generations of Chrome and after Google, Intel is the largest contributor to the Chromium OS. Intel chips are the first and only to support 64-bit Chrome OS. This deep history and investment combined with our stellar Bay Trail and Haswell SoCs mean Intel can offer the best performing devices at every price point in the Chrome category. When people are shopping for Chrome devices, they should look for Intel Inside."

Lenovo Announces its First Chromebooks

The world's largest PC vendor, Lenovo, finally took the Chrome OS plunge, with two Chromebooks, the N20, and the N20P, starting at US $279. Both feature 11.6-inch displays. The N20P features a capacitive touchscreen suspended on 300° rotating hinges, that let you unfold it much like a FLEX 2, letting you use it as a desktop replacement, with external peripherals, or simply with its touchscreen. The 1366 x 768-pixel display reorients itself. Under the hood, both feature Intel Celeron processors based on the "Haswell" micro-architecture, 2 GB of RAM, and 16 GB of flash-based storage. The N20 is priced at US $279, and the N20P at $329. Both should be available in July.

Lenovo Also Unveils the A540 AIO Desktop and New B, G and Z Series Laptops

Lenovo today introduced several new PCs starting with the Lenovo A Series A540 AIO desktop built for families and equipped with the latest audio and video features for enjoying digital content. Lenovo also introduced the B50 laptop for small businesses with a balance of essential technologies and affordability; the essential G50 laptop for general computing; and the Z40 and Z50 entertainment-focused laptops.

The sleek A540 AIO includes a super bright 23.8-in FHD 1920X1080 IPS display in an aluminum shell just four millimeters thin at its edge. Users can adjust the screen from -5° to 90° to position it for however they like to use it. Running Windows 8.1 and supporting 10-finger touch, the A540 lets users experience touch functionality with its collection of 20 pre-loaded games and education apps. Users can even go hands-free with Lenovo Motion Control, which supports up to 12 gestures to complete actions like muting the volume, advancing photos or playing videos.

Lenovo Announces the FLEX 2 Dua-Mode Laptops

Lenovo today introduced two new additions to its FLEX family of dual mode laptops with the new FLEX 2 laptops available in 14 and 15.6-in models. Not only do the laptops give users 300° flexibility with two great modes, Laptop and Stand, they improve upon the original models in compelling new ways with an enhanced visual experience offering full HD screen and discrete graphics models.

Shaping Higher Performance
Available in either a 14 or 15.6-in screen, the laptops take Lenovo's family of dual mode devices to the next level with new design and performance features. The black or silver FLEX 2 laptops catch attention for their 300° rotation and their optional backlit keyboard, which finishes the look on this beautiful device.

PC Shipments Down 4.4% On-Year in Q1, According to IDC

Worldwide PC shipments totaled 73.4 million units in the first quarter of 2014 (1Q14), a decline of -4.4% year-on-year, according to the International Data Corporation (IDC) Worldwide Quarterly PC Tracker. Although still in decline and with continuing weakness in consumer and emerging market segments, the preliminary results are slightly better than a projected decline of -5.3%.

Similar to the latter part of 2013, the upside in the first quarter arose primarily from demand in mature commercial markets. Commercial refresh projects, which had already been protracted, received a last push from the impending end of Windows XP support, particularly in Japan. In addition, slowing demand for tablets seems to have helped constrain previously drastic cutbacks in notebooks. Nevertheless, emerging regions continued to post weak results, with growth in Latin America and Asia/Pacific (excluding Japan)(APeJ) falling even faster than recent declines as both economic conditions and continued tablet penetration stifled PC shipments.

Worldwide PC Monitor Shipments Down In Q4 2013

Total worldwide PC monitor shipments were slightly below 35.0 million units in the fourth quarter of 2013 (4Q13), a decrease of -0.4% compared to the previous quarter yet 2.9% more than forecast, according to the International Data Corporation (IDC) Worldwide Quarterly PC Monitor Tracker. The -3.8% year-over-year growth in 4Q13 was largely due to declining PC desktop sales.

"Dell and HP both saw increases in unit shipments for the worldwide PC monitor market for the second time in a down year," said Jennifer Song, Research Analyst, Worldwide Trackers at IDC. "At a regional level, EMEA experienced the largest positive growth during the fourth quarter, with Italy and Spain posting the biggest gains."

Lenovo Posts Third Quarter 2013-14 Results

Lenovo Group today announced record results for its third fiscal quarter ended December 31, 2013, driven by strong global execution, an innovative product portfolio and an increasing mix of PC Plus revenues. Quarterly revenue was US$10.8 billion, a 15 percent increase year-over-year, passing the US$10 billion milestone for the first time ever. Third quarter profit grew even faster with pre-tax income increasing 30 percent year-over-year to US$321 million, while earnings also grew 30 percent year-over-year to US$265 million. Lenovo shipped a record 32.6 million devices in the quarter or nearly 5 devices every second. Lenovo's third quarter mix of sales from its Mobile Internet and Digital Home division which develops PC Plus products such as smartphones, tablets and smart TVs, was 16 percent of total revenues, up from 11 percent one year ago and seven percent two years ago, with steadily improving profitability.

For the third straight quarter, Lenovo was the world's largest PC vendor, with its highest-ever quarterly market share of 18.5 percent, up 2.4 points year-over-year. Record high share in EMEA, Asia Pacific and China with number one positions in five of the seventh largest PC markets globally - supported this strong performance. Lenovo's PC shipments for the third fiscal quarter were 15.3 million units, again making it the fastest growing of the top five PC vendors. This was also the 19th quarter in a row that Lenovo outperformed the industry as a whole, growing at a 14 point premium to the market.
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