Lenovo Group Ltd. is setting its sights on new business areas such as servers and the market for smartphones in the developed world, its chief executive said, even as it sticks by a vision of promise in the troubled personal-computer industry. In an interview on Thursday, Lenovo Chief Executive Yang...
Lenovo Is Still On The Hunt For A Big Server Acquisition, And It's Also Hungry For Enterprise Storage (LNVGY, IBM)
Lenovo's recent bid to buy IBM's low-end server business fizzled, but Lenovo is still looking to acquire servers and storage to fill out its enterprise tech portfolio. "Servers and storage is the business we want to expand and develop," Lenovo CEO said Thursday at a conference in Chengdu, China, as reported...
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