Hong Kong shares cheer China’s stimulus package

Hong Kong shares rose 3.4 percent on Monday, as resources and building material stocks cheered China’s $586 billion stimulus package, but shares pared early gains as euphoria over the measures gave way to pessisism that they will not avert a looming global recession.
Shares of Lenovo, the world’s No. 4 PC maker (0992.HK: Quote, Profile, Research, [...]

Lenovo hit by falling demand in the US

Lenovo, China’s biggest maker of personal computers, fell to a 16-month low in Hong Kong trading after Merrill Lynch cut its investment rating on the stock to “neutral,” citing slowing sales in the United States.
The PC maker dropped 4.1 percent to HK$3.29, the lowest close since May 23, 2007. The loss extended the stock’s decline [...]

Lenovo unveils ThinkServer line for global market

Lenovo Group<992>, the fourth-largest PC maker in the world, will start shipping its low-cost servers ThinkServer line, which is specially designed for small and medium-sized enterprises (SMEs), to the overseas markets on Sep. 30, in a bid to seek sustainable growth amid global financial crisis and gloomy world economy, the South China Morning Post reported.
Marc [...]

Sony issues worldwide recall of Vaio laptops

Sony Corp yesterday recalled 438,000 Vaio laptops globally due to possible overheating that could burn users.
In China, the recall covers about 78,000 models and consumers can check Sony’s Website or call its hotline (8008202228) to ask for “free test and repair” services if necessary, Sony said.
The problem in the Sony Vaio laptops, produced between May [...]

Lenovo Group launches online store on Taobao.com

China-based Lenovo Group Ltd, the fourth-largest PC maker in the world, launched an online store on Aug. 26 to sell products directly to consumers on Taobao.com, the nation’s largest online consumer-to-consumer (C2C) platform and also Asia’s biggest network retailer.

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Dell making cheap computers for India, China

Dell Inc. unveiled four low-cost computer models for China, India and other emerging economies Wednesday in a new bid to tap the potential of high-growth markets outside the United States.
The two notebook and two desktop PCs are the first Dell models designed especially for emerging markets, said Steve Felice, the U.S. computer maker’s president for [...]

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