Xiaomi, the fast-rising Chinese smartphone maker, is in talks to raise close to $1.5 billion in new capital at a valuation set to exceed $40 billion, in the largest private financing for a venture-backed company since Facebook in 2011. Negotiations with investors including DST– the Russian internet company that also backed Alibaba, Facebook and Airbnb – are yet to be finalized, according to people familiar with the discussions. But if ...
Lenovo plans to increase its Thai market share as it invests an additional USD5 million in Thailand in 2014. Jeerawut Wongpimonporn, general manager of Lenovo Thailand, said that Lenovo's Asian headquarters has approved this additional budget plan. Of the total investment, USD2 million to USD3 million will be used to expand marketing channels, enhance marketing, and improve operation and management; ...
China's Lenovo Group and Japan's NEC agreed to extend their joint venture agreement through 2026. The agreement signed by the two parties included amendments to the initial transaction. Amendments to the NEC brand license agreements stated that the parties to the NEC brand license agreements entered into the NEC brand license amendment agreements on October 7, 2014, to extend the terms of the NEC ...
A sleeker design and Intel's Broadwell processors come to Lenovo's convertible Ask most people which is the best Windows laptop on the market today, and the answer you'll get will be near universal: Lenovo's Yoga 2 Pro. From top to bottom, it's perhaps the best convertible notebook you can buy. That's about to change: Lenovo has just announced the IdeaPad Yoga 3 Pro, and it's even sleeker than last year's model. The Yoga 3 Pro is 17 percent ...