Lenovo News

Lenovo Group today announced results for its fourth fiscal quarter and full-year ended March 31, 2013.

PC sales in China and high growth in smartphones shipments helped boost Lenovo's net profit for its fiscal fourth quarter by 90 percent year-over-year. For the quarter ended March 31, Lenovo's net profit was US$127 million, the company said on Thursday.

Lenovo unveils three furniture concepts for its IdeaCentre Horizon Table PC. The concepts were commissioned for 5th annual International Contemporary Furniture Fair taking place May 18-21 in New York City at the Jacob K. Javits Center.

Lenovo announced that customers can place orders for the IdeaPad Yoga 11Sbeginning today on www.lenovo.com or pre-order on www.bestbuy.com . The acclaimed 360 flip and fold Yoga 11S premiered in January at the International Consumer Electronics Show, following its popular predecessor, the IdeaPad Yoga 13.

Optimized for Windows 8, the ThinkPad S431 offers enhanced performance and 15 percent faster processor speed than previous generations.

Apple reported its quarterly financial results this week and among the chief concerns was slowing growth in China, the world's largest market for computers and mobile devices.

Lenovo Group, the world's second-largest personal computer manufacturer by market share, is eyeing a challenge to Apple and Samsung ahead of predicted dramatic sales growth.

In what many see as the backlash of poor performing in the first quarter and quick strategy to greater growth, International Business Machines Corp.