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Tag: lenovo

Cellnex, Lenovo, NearbyComp launch edge computing system for MNOs

2020-06-11 14:29:00| Telecompaper Headlines

(Telecompaper) Spanish infrastructure operator Cellnex Telecom has teamed up with Lenovo and Nearby Computing to launch edge computing solutions based on Intel technology to enable smart network edge management as a service for telecommunications operators, large corporations or public entities. The aim is to help MNOs improve performance while allowing significant savings in their networks and enabling new revenue streams by driving substantial parts of the existing and future data traffic to the network edge. As a result, existing networks can reduce the expected traffic load, improve performance and optimise backhauling costs, said Cellnex.

Tags: system edge computing launch

Lenovo Q4 results hit by Wuhan production shutdown, product shortages

2020-05-20 09:15:00| Telecompaper Headlines

(Telecompaper) Lenovo reported revenue for its fiscal fourth quarter down 9.7 percent year-on-year to USD 10.6 billion. The company was hurt by the shutdown of its main smartphone production site in Wuhan due to the covid-19 pandemic as well as slower sales at its main PC business. Operating profit fell 39 percent to USD 166 million, and the net profit was down 64 percent to USD 43 million. 

Tags: results product hit production

Lenovo quarterly sales flat, profits up on premium PC growth

2020-02-20 08:57:00| Telecompaper Headlines

(Telecompaper) Lenovo reported sales unchanged year-on-year for its fiscal third quarter to December, at USD 14.1 billion. Operating profit was still up 12 percent to USD 488 million, thanks to strength in premium PCs and profitability at its mobile business. Net profit increased 11 percent to USD 258 million. The company said it was seeing some impact on its supply chain and production due to the coronavirus outbreak, but would leverage its global footprint to minimise the effect on results. 

Tags: sales premium growth flat

Lenovo unveils foldable, 5G laptops at CES

2020-01-07 09:40:00| Telecompaper Headlines

(Telecompaper) Lenovo has presented at CES its ThinkPad X1 Fold, a 13.3-inch laptop with foldable Oled display. The device is planned to go on sale in mid-2020 for USD 2,499. 

Tags: ces laptops lenovo unveils

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