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| 05/22/2008 |  | | LENOVO REPORTS FOURTH QUARTER AND FULL-YEAR 2007/08 RESULTS
Full-year sales of US$16.4 billion, up 17% (1)
Full-year EBITDA (excluding restructuring) of US$798 million, up 113% (1)
Full-year pre-tax income (excluding restructuring) of US$560 million, up 237% (1)
Full-year profit attributable to shareholders (including restructuring) of US$484 million, up 201% (2)
Full-year basic EPS of 5.51 US cents, or 42.98 HK cents, up 195% (2)
Net cash reserves of US$1.6 billion (as of March 31, 2008)
(1) Reflects continuing operations only (excludes mobile handset business)
(2) Includes discontinued operations (includes mobile handset business)
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| 02/07/2008 | | | New Lenovo-Designed Beijing 2008 Olympic Torch Relay Components Unveiled
BEIJING – February 7, 2008 – In addition to designing the Beijing 2008 Olympic Torch that will travel the world on its way to herald the arrival of the Beijing 2008 Olympic Games, Lenovo has designed new torch relay components including the Lantern and Local City Cauldrons. The lantern houses the Olympic flame once it is lit in Olympia, Greece and safely carries the "mother flame" from city to city for the duration of the relay while the Olympic cauldron will be lit by the day's last torchbearer at each end-of-day city celebration.
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| 12/11/2007 | | | Lenovo Extends PC Portfolio with Wyse Thin Client Products
RESEARCH TRIANGLE PARK, NC – December 11, 2007 – Lenovo and Wyse Technology announced a new agreement today that extends Lenovo’s PC portfolio with Wyse thin client technology. The agreement offers Lenovo customers around the world access to a wide selection of thin clients, including management and multimedia software that complements Lenovo’s notebooks and desktop PCs.
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| 11/01/2007 | | | LENOVO REPORTS SECOND QUARTER 2007/08 RESULTS
HONG KONG, Nov. 1, 2007– Lenovo Group today reported results for its second fiscal quarter of 2007/08 ended Sept. 30, 2007. Consolidated revenue for the quarter jumped 20%, year over year, to US$4.4 billion, driven by growth in all of Lenovo’s operating geographies. For the third consecutive quarter, Lenovo PC shipments exceeded the average growth rate of the global PC market, with year-over-year growth of 23% far outpacing the industry’s average growth rate of 15.7%.
The company’s gross profit margin for the second quarter of 2007/08 was 15.1%, compared to 13.0% in the same period a year ago, and up 0.2 percentage points sequentially. Net cash reserves as of Sept. 30, 2007, totaled US$1.7 billion. Lenovo’s Board of Directors has declared an interim dividend of 3.0 HK cents or 0.39 US cents per share.
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| 10/11/2007 | | | Lenovo Announces 18 Finalists in Global Search for the Beijing 2008 Olympic Torchbearers
BEIJING, – October 11, 2007 – Lenovo, a worldwide leader in the PC market, announced today the 18 finalists selected to compete for the chance to participate in the Beijing 2008 Olympic Torch Relay. Lenovo launched the torchbearer search program with the help of Google to find "new thinkers" from around the world to run the torch in China. This is the longest ever Torch Relay in Olympic history with more cities visited than any past Games.
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| 08/08/2007 | | | Lenovo Announces Memorandom of Understanding to Aquire Packard Bell
HONG KONG, August 7, 2007 – Lenovo today announced that the Company is in discussion with an independent third party in relation to a proposed acquisition of Packard Bell, a computer company in Europe and has entered into a memorandum of understanding with such party to explore the possibilities of the proposed acquisition. The Company is currently continuing negotiation with the independent third party and undertaking certain necessary enquiries with third parties and/or government bodies in preparation for the entering into of definitive agreements for such proposed acquisition.
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| 08/07/2007 | | | Lenovo Announces Philanthropic Campaign and 2008 Athlete Champions
BEIJING, August 6, 2007 – Today, in celebration of the one-year-out mark for the Beijing 2008 Olympic Games, Lenovo, Worldwide Partner for the Olympic Torch Relay and TOP Sponsor of the Olympic Games, announced plans for a global online philanthropic auction. The auction will feature limited-edition notebook computers inspired by the Lenovo-designed 2008 Olympic Torch.
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| 08/04/2007 | | | Lenovo ThinkPad Celebrates 15 Years of Innovation, Design and Durability
RESEARCH TRIANGLE PARK, N.C. – October 4, 2007 – Lenovo today celebrates the 15th anniversary of the ThinkPad notebook PC – one of the most distinguished personal computing devices of the past two decades. Since its inception in 1992, ThinkPad has built a tradition of excellence, and is trusted by the world's most demanding professionals for its advanced capability, rugged durability and thoughtful design.
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| 07/10/2007 | | | Lenovo Packs More Muscle and Green Into ThinkPad Mobile Workstation
RESEARCH TRIANGLE PARK, N.C. – July 10, 2007 – Lenovo today unveiled its highest performing notebook PC, the new ThinkPad T61p 15.4-inch widescreen mobile workstation notebook. The notebook highlights Lenovo’s leadership in providing powerful features essential for data-intensive workers and those requiring 3D graphics applications. The notebook runs cooler, quieter and more energy efficient than previous models, features a Top Cover Roll Cage for extreme durability, layers security solutions with full disk encryption, offers Linux certification and Ultra-Wideband technology* and comes equipped with the latest Intel processors for optimum performance.
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| 05/31/2007 | | | Lenovo Introduces New Ultraportable Toolkit for Road Warriors
RESEARCH TRIANGLE PARK, N.C. – May 31, 2007 – Lenovo today introduced its ultraportable toolkit of ultraperformance-based PCs featuring the new ThinkPad X61 and X61s notebooks and the X61 Tablet PC. The new PCs highlight a more than 30 percent improvement in wireless performance over previous models, battery life that goes the distance, extended security through new I/O port disablement and the latest mobile processing technology.
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| 05/23/2007 | | | Lenovo Reports Fourth Quarter and Full-Year 2006/07 results
HONG KONG, May 23, 2007 – Lenovo Group today reported results for its fourth fiscal quarter and full year ended March 31, 2007. Consolidated revenue for the quarter rose 9 percent year over year to US$3.4 billion, driven by stronger performance in all geographies and product segments.
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| 05/10/2007 | | | Lenovo ThinkPad T61 Widescreen receives 4.5 out of 5 and "Editors' Choice" from PC Magazine
"The Lenovo ThinkPad T61 Widescreen is the best business laptop for those who love widescreens. A standard-screen model will be available with the same powerful Centrino Duo components." says PC Magazine.
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| 05/09/2007 | | | Lenovo Powers Up Its Strongest, Coolest and Quietest ThinkPad Lineup Yet
RESEARCH TRIANGLE PARK, N.C. – May 9, 2007 – Lenovo today announced two new ThinkPad notebooks PCs - the first ThinkPad T61 14.1-inch widescreen notebook and the first ever R Series widescreen, the ThinkPad R61 14.1-inch widescreen notebook. Lenovo engineered the PCs with its latest innovations, including a new Top Cover Roll Cage for excellent durability, an improved cooling system, enhanced wireless connectivity with Ultra Connect II and longer battery life through its Battery Stretch control option. Featuring the latest Intel® Centrino® Pro and Intel® Centrino® Duo mobile technology, the ThinkPad T61 and R61 14.1-inch widescreen notebooks, respectively, offer users the strongest, coolest, quietest and best performing ThinkPad lineup yet.
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| 05/01/2007 | | | Learn & Share about F1 at our blog, Pit Lane
"I don’t think anyone was more excited than myself to find out that Lenovo is sponsoring a Formula One team this year. This is the beginning of a partnership where Lenovo will provide, not just the usual financial sponsorship, but more importantly Lenovo technology that will support AT&T Williams as it competes in the 2007 FIA World Championship." says Jim Leonard, contributor to Lenovo's Formula 1 Blog.
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| 04/26/2007 | | | Lenovo-Designed Olympic Torch for Beijing 2008 Olympic Games Unveiled by Beijing Organizing Committee
BEIJING, April 26, 2007 – Today the Beijing Organizing Committee for the Games of the XXIX Olympiad (BOCOG) in the presence of the International Olympic Committee, unveiled the Lenovo-designed Beijing 2008 Olympic Torch and announced Lenovo’s role as a Worldwide Partner of the Olympic Torch Relay. Lenovo's design, the "Cloud of Promise," was chosen over 300 competitor themes and will be carried by torchbearers around the world in the Olympic Torch Relay preceding the Beijing 2008 Olympic Games.
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| 04/23/2007 | | | Houston Rockets Have Most Effective Five Man Line-Up During 2006-07 NBA Season According to the Lenovo Stat
RESEARCH TRIANGLE PARK, NC – April 23, 2007 – The Houston Rockets featured the most effective five man player combination during the 2006-07 NBA season according to the Lenovo Stat, a new plus minus statistic unveiled at the start of the season by Lenovo and the NBA to demonstrate the power of teamwork. In addition, Lenovo is launching NBA playoff promotions on NBA.com and ESPN.com to bring awareness to the Lenovo Stat.
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| 04/19/2007 | | | Lenovo Announces Actions to Increase Global Operational Efficiency and Competitveness
RESEARCH TRIANGLE PARK/HONG KONG/BEIJING/PARIS/ SINGAPORE, – April 19, 2007 – Lenovo today announced a series of measures designed to enhance business performance and accelerate profitable growth.
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| 04/03/2007 | | | Lenovo Recognised by Greenpeace for Environmental Leadership
RESEARCH TRIANGLE PARK, NC – April 3, 2007 – Lenovo today was recognised by Greenpeace for its environmental progress around the world. In the April 2007 report, "Guide to Greener Electronics," Greenpeace ranked Lenovo as the top company out of a group of 14 leading technology companies for its green policies and practices.
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| 03/26/2007 | | | Lenovo Completes Second Massive Hardware Delivery to BOCOG Test Center on Eve of 500-day Countdown to Beijing 2008 Olympic Games
BEIJING — March 26, 2007 — Lenovo announced today it has completed the second of three massive hardware deliveries for the Beijing 2008 Olympic Games with the shipment of nearly 700 pieces of hardware, including notebooks, desktops, desktop monitors and servers, to the Integration Test Center of the Beijing Organizing Committee for the Games of the XXIX Olympiad (BOCOG). More than 30 Lenovo staffers are now working at the 800-square-meter Integration Lab in downtown Beijing with various partners, configuring the equipment for use in the upcoming test events that begin in July 2007 and end only weeks before the Games begin on August 8, 2008.
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| 03/21/2007 | | | Lenovo Recognised for Environmentally Preferable PCs and Recycled Recyclable Packaging Design
RESEARCH TRIANGLE PARK, N.C. - March 21, 2007 - Lenovo today was recognised by the Chairman of the White House Council on Environmental Quality, the Federal Environmental Executive and the Green Electronics Council for helping to supply federal agencies with PCs that meet the Electronic Products Environmental Assessment Tool (EPEAT) criteria. Lenovo offers more than 40 EPEAT-registered products with a majority of them being silver-rated. EPEAT addresses environmental aspects such as material selection, design for end of life, energy usage, packaging and more.
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| 03/20/2007 | | | Lenovo Names Gary Ng Vice President, Investor Relations
RESEARCH TRIANGLE PARK, N.C. - March 20, 2007 - Lenovo today announced the appointment of Gary Ng, as vice president, Investor Relations. He reports to Mary Ma, chief financial officer, Lenovo, and is responsible for strengthening Lenovo's ties to the investor and financial communities. Ng will be based in Hong Kong.
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| 03/19/2007 | | | Lenovo Receives Five-Star Rating from VARBusiness
RESEARCH TRIANGLE PARK, N.C. - March 19, 2007 - Lenovo today was recognised by CMP Technology`s VARBusiness magazine as one of North America's top IT companies in terms of the partnership programs Lenovo offers to solution providers that sell its products and services to end users. VARBusiness certified Lenovo as a Five-Star Partner, acknowledging the company`s commitment and strength of its programs for IT integrators, resellers and consultants.
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| 03/14/2007 | | | Microsoft and Lenovo Connect Customers to Integrated Online Services
REDMOND, Wash., and RESEARCH TRIANGLE PARK, N.C. — March 14, 2007 — As a part of their continued collaboration, Microsoft Corp. and Lenovo today announced a global agreement to pre-load Windows Live™ services on Lenovo PCs sold worldwide including ThinkPad notebooks, ThinkCentre desktops and Lenovo-branded PCs. In the coming weeks, Lenovo will be the first PC maker to offer its customers worldwide immediate access to the Microsoft Live.com portal (http://www.live.com) and Windows Live Toolbar (http://toolbar.live.com) for a more integrated and personalised Web experience as they work, communicate and conduct their day-to-day activities.
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| 03/07/2007 | | | Lenovo Sponsors Global Webcast to Encourage More Women Engineers
RESEARCH TRIANGLE PARK, N.C., March 7, 2007 – Lenovo today announced its sponsorship of the Global Marathon For, By and About Women in Engineering, a live webcast event that will be broadcast to a worldwide audience on Thursday, March 22. Lenovo also pledged its multi-year support for the National Engineers Week Foundation and the Global Marathon. This third annual Global Marathon will provide a global audience of K-12 and college students, teachers, counselors, parents and professional women engineers access to top women engineers in leading institutions and industries around the world.
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| 03/06/2007 | | | Avaya and Lenovo to Provide Customers Enhanced IP Communications on ThinkPad Notebooks
VOICECON, ORLANDO, FL – March 6, 2007 – Lenovo and Avaya today announced plans to collaborate on IP and unified communications solutions that combine both companies' award-winning technologies. Lenovo and Avaya will work together to enhance the IP communications experience on ThinkPad notebooks, giving business users the highest levels of security, usability and quality of service as they place and receive phone calls from their notebook PCs.
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| 03/01/2007 | | | Lenovo Announces Battery Recall
RESEARCH TRIANGLE PARK, N.C., March 1, 2007 – Lenovo, in cooperation with the U.S. Consumer Product Safety Commission, today announced the voluntary recall of approximately 205,000 extended-life, 9-cell battery packs. In the interests of public safety, Lenovo will offer customers free-of-charge replacements for all recalled battery packs.
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| 02/21/2007 | | | Lenovo ThinkPad is Consistently Strongest Notebook PC Brand, According to TBR
RESEARCH TRIANGLE PARK, N.C., February 21, 2007 – Lenovo today announced it has garnered top rankings in notebook brand awareness and customer satisfaction in the fourth quarter of last year, according to Technology Business Research (TBR). In the latest report from TBR, "Corporate IT Buying Behavior & Customer Satisfaction Study: Notebooks," Lenovo's rankings increased in 4Q06, overshadowing some of its largest competitors in the areas of reliability and product design.
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| 02/19/2007 | | | Lenovo Names Yolanda Conyers Vice President, Cultural Integration and Diversity
RESEARCH TRIANGLE PARK, N.C., February 19, 2007 – Lenovo today announced the appointment of Yolanda Conyers, as vice president, Cultural Integration and Diversity. She reports to Ken DiPietro, senior vice president, Human Resources, and is responsible for the global integration of the company's workforce.
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| 02/02/2007 | | | Lenovo Starts a New Engine in Formula One
GROVE, OXFORDSHIRE, UK, 2 February 2007 -- Lenovo, a leading computer company that makes award-winning PCs, today announced a top sponsorship agreement with the AT&T Williams team competing in the Formula One World Championship. Lenovo’s announcement took place at the launch of the team’s 2007 race car at AT&T Williams headquarters near Oxford, UK.
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| 02/01/2007 | | | Lenovo Reports Third Quarter 2006/07 Results
HONG KONG, February 1, 2007 – Lenovo Group today reported results for the third fiscal quarter ended December 31, 2006. Lenovo's consolidated revenue for the third quarter increased slightly year over year to US$4.0 billion.
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