Chinese technology giant Lenovo has reported a decent jump in quarterly profits. A closer look at its business figures revealed that the positive result was mainly due to cost-cutting measures, while PC sales slumped.
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Reuters – Global shipments of personal computers fell 9.8% last year, the worst contraction on record, and are likely to decline by 6.1% in 2014 due to lackluster demand in developing countries, according to market research firm IDC. IDC had expected PC shipments to fall 10.1% last year but it said that the fourth quarter …
Intel dominates the PC industry, but it has been slow to adapt its processors for smartphones and tablets, markets now dominated by rivals like Qualcomm and Samsung Electronics.
Dell shareholders are set to vote Thursday on the $24.4bn buyout plan, which would take Dell private and allow founder Michael Dell to restructure the company without the pressures of a publicly traded firm.