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Last $21.34 USD
Change Today -0.26 / -1.20%
Volume 28.9K
LNVGY On Other Exchanges
Symbol
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LNVGY is not on other exchanges.
As of 9:53 AM 08/3/15 All times are local (Market data is delayed by at least 15 minutes).

lenovo group ltd-adr (LNVGY) Key Developments

Lenovo to Launch Windows 10 Devices

Lenovo has an extensive list of products eligible for this upgrade including popular models like the YOGA 3 Pro and YOGA 500. Lenovo customers can check here for their product's eligibility. Lenovo has worked with Microsoft Corp. to make the process of upgrading simple, for people with qualified Lenovo PC running Windows 7 SP1 or 8.1 to upgrade to Windows 10. Starting on July 29, the updates will roll out. If a user has reserved a copy of Windows 10, he/she will be notified once the compatibility process confirms that the user will have a great experience, and Windows 10 has been downloaded on their system. To give users consistent experiences across devices and operating systems, the preloads include a suite of Lenovo-written applications. The new Lenovo Companion 3.0 optimization tool keeps devices running at peak performance and can be used at any time to run a full-scale checkup and report back with specific actions to free up space and speed up the device. As a smart device control hub, the new Lenovo Settings lets users easily adapt and modify the way their device behaves. For example, when in tablet mode, the product will customize its display and other settings based on its orientation versus in traditional laptop mode. Alternatively, the device's usage will also alter its settings, for example when watching a movie versus reading an e-book. With SHAREit, customers can quickly transfer files between devices. For tablet users WRITEit takes the pen to a new level of functionality allowing users to write in any input field with their pen and the handwriting is converted to text.

Lenovo Announces Executive Changes

Lenovo announced that the management changes for its mobile business unit. Yang Jun has replaced Zhang Hui as head of the mobile business for the domestic market and Zhang Hui has been promoted to vice president of the Group. Yang who has helped the company increase its online market share of the Chinese online smart phone market to 5.3% within just six months.

Lenovo Introduces New 3.0 Versions of Companion and Settings

Lenovo announced it will release two new versions of its applications - Lenovo Companion and Lenovo Settings. Both Lenovo-developed applications will come standard on Lenovo PCs preloaded with Windows 10. These two apps have over 10 million users combined worldwide. Lenovo Settings: Lenovo Settings 3.0 is a 'smart' device control hub aggregating all of the most common hardware device functions into one place, making it easy for users to adapt and modify the way their computer or tablet behaves. Among its newest features, Settings offers a unique 'Smart Settings' area which leverages built-in device sensors to predict, adapt and modify device settings to suit user behavior - automatically. Settings also showcases a robust 'Power' section, which offers customization unique to Lenovo, such as a 'Battery Stretch Mode' and 'Charge Mode', which lets users super-charge their battery replenishment. Lenovo Companion: Lenovo Companion 3.0 provides a sleek new interface and a robust optimization tool. Its new optimize feature keeps PCs running at peak performance: it can be used at any time to run a full-scale checkup and report back with specific actions that can free up space and speed up a user's device. Companion will then complete the actions all within the user's control. Companion also provides exclusive Lenovo content to help people get the most out of their PC. Lenovo experts author how-to articles, tips and tricks, and other news to keep users up to date on their PC. The app also gives users customized access to device updates, warranty information, a knowledge base, user guides, discussion forums and even optional accessories complementing their specific machine. In addition, Lenovo curates content daily from the best publishers from around the web across a variety of topics so users can easily stay current on all the latest industry news, trends and innovations.

Lenovo Appoints Sergio Friedheim as its New Director of Marketing and Trade for Brazil

Lenovo has appointed Sergio Friedheim as its new director of marketing and trade for Brazil. Friedheim has a long track record in multinationals, having worked for Motorola, LG, Brazilian footwear giant Alpargatas and Unilever.

Lenovo and Pivot3 Announce Reselling Agreement with Arrow Electronics for Hyper-Converged Infrastructure Solution

Pivot3 and Lenovo have partnered to bring Pivot3’s Global Hyper-Converged solution to Lenovo clients. Arrow ECS will be the exclusive distributor of this platform in Europe, expanding a long-standing relationship. The combined solution will be sold as the “Hyper-Converged ONE” appliance initially leveraging a high-performance, best-in-class Lenovo All-Flash platform and will be at first focused on the European market. The Pivot3/Lenovo platform will be sold through Arrow ECS and its channel partners, giving them full access to Pivot3’s HCI offering and the ability to deliver an innovative and economically scalable solution to current and new customers. Channel partners will benefit from a robust training and certification program that includes marketing support, sales enablement and promotional programs. The partnership with Arrow ECS takes the Lenovo ThinkServer™ RD650 Server, installs Pivot3’s HCI software and creates a highly effective hyper-converged appliance. The integration of Pivot3's vSTAC OS™ software and Lenovo’s ThinkServer RD650 server will enable Lenovo appliance users to get maximum storage efficiency, fault tolerance and higher compute performance, all with single pane of glass management while delivering lower total cost of operations. For Arrow ECS, the partnership is a great way to bring hyper-converged infrastructure to one of the fastest growing segments of the IT market and satisfy the need for businesses to quickly scale IT infrastructure.

 

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LNVGY

Industry Average

Valuation LNVGY Industry Range
Price/Earnings 14.1x
Price/Sales 0.3x
Price/Book 3.1x
Price/Cash Flow 14.5x
TEV/Sales 0.1x
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