Last $1.40 USD
Change Today +0.006 / 0.43%
Volume 77.9K
LNVGF On Other Exchanges
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As of 8:10 PM 07/29/14 All times are local (Market data is delayed by at least 15 minutes).

lenovo group ltd (LNVGF) Snapshot

Open
$1.39
Previous Close
$1.39
Day High
$1.40
Day Low
$1.39
52 Week High
07/18/14 - $1.43
52 Week Low
07/31/13 - $0.91
Market Cap
14.6B
Average Volume 10 Days
84.0K
EPS TTM
--
Shares Outstanding
10.4B
EX-Date
07/4/14
P/E TM
--
Dividend
$0.24
Dividend Yield
2.21%
Current Stock Chart for LENOVO GROUP LTD (LNVGF)

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lenovo group ltd (LNVGF) Details

Lenovo Group Limited, together with its subsidiaries, develops, manufactures, and markets technology products and services. The company operates through China, Asia Pacific, Europe-Middle East-Africa, and Americas segments. It offers commercial and consumer personal computers, as well as servers and workstations; mobile Internet devices, including tablets and smart phones; and notebooks and desktops. The company also provides accessories and parts, audio and video products, batteries and power products, cables and connectors, carrying cases, docks and port replicators, keyboards and mice, memory products, monitor accessories, monitors, security and storage products, tablet accessories, and wireless and networking products. In addition, it trades in mobile phones and accessories; retails and services consumer electronic products; offers repair services for computer hardware and software systems; and researches and develops mobile software, as well as operates as a procurement agency. The company was founded in 1984 and is headquartered in Beijing, China, and is considered as a Red Chip company due to its listing on the Hong Kong Stock Exchange.

54,000 Employees
Last Reported Date: 05/29/14
Founded in 1984

lenovo group ltd (LNVGF) Top Compensated Officers

Chairman, Chief Executive Officer, Head of Gl...
Total Annual Compensation: $8.4M
Compensation as of Fiscal Year 2014.

lenovo group ltd (LNVGF) Key Developments

Andrea Electronics Corporation Files Patent Infringement Lawsuits against Toshiba Corporation, Toshiba America, Inc., Toshiba America Information Systems, Lenovo Group Ltd., Lenovo Holding Company, Inc., Lenovo (United States) Inc., Acer Inc. and Acer America Corporation

Andrea Electronics Corporation announced that it has filed patent infringement lawsuits against Toshiba Corporation, Toshiba America, Inc., Toshiba America Information Systems, Lenovo Group Ltd., Lenovo Holding Company, Inc., Lenovo (United States) Inc., Acer Inc., and Acer America Corporation, in the United States District Court for the Eastern District of New York. Andrea is asserting infringement related to U.S. Patent numbers 6,483,923 (System and Method for Adaptive Interference Cancelling), 5,825,898 (System and Method for Adaptive Interference Cancelling), 6,363,345 (System, Method and Apparatus for Cancelling Noise), and 6,049,607 (Interference Canceling Method and Apparatus). According to the Complaints, the named defendants offer in the United States products, such as desktop and laptop computers, that use the patent protected audio enhancement technology. The suits seek, among other things, monetary damages and injunctive relief prohibiting the defendants from using the patented technology in their products.

Vuzix Corporation Signs on Deal with Lenovo

Vuzix Corporation announced that it has signed a major deal with Lenovo. The wearable product offering will be co-branded as a Vuzix/Lenovo solution and will be marketed across China as part of Lenovo's New Business Development brand. The Vuzix 100 Smart Glasses powered by Lenovo NBD will be marketed exclusively by Lenovo. The agreement between the companies calls for Vuzix to be the exclusive third party provider of smart glasses to Lenovo for the industrial and commercial markets in China and allows for the expansion into other geographical markets and products. Vuzix has worked closely with Lenovo and their development teams to create a new M100 Smart Glasses product offering specifically tailored for the Chinese marketplace with features which include Chinese language, voice recognition, mapping and numerous other domestic cloud based services. This agreement is a major step for Vuzix and through Lenovo will bring it distinction as the first official Smart Glasses product to have direct access into China. As part of the partnership, Lenovo will begin immediate marketing of the co-branded Vuzix M100 Smart Glasses, with sales shipments commencing in early September and more broad based sales activities across China growing through the Fall of 2014.

Lenovo Signs Agreement with National Academy Foundation to Offer Lenovo Scholar Network in US

Lenovo has signed a new agreement with the National Academy Foundation to offer Lenovo Scholar Network, a mobile app development curriculum and delivery program, to NAF academies in the US. The two organizations will provide innovative curriculum and technology to provide exposure and encourage interest among high school students in STEM (science, technology, engineering and math). This program, now called Lenovo Scholar Network, builds on a successful 2012 pilot where high school students from five NAF IT academies across the US created and launched apps, some of which are now available to the public on Google Play. Using the MIT App Inventor service developed by the Center for Mobile Learning at the Massachusetts Institute of Technology (MIT), a joint project of the MIT Media Lab and MIT's Computer Science and Artificial Intelligence Laboratory, Lenovo and NAF's unique mobile app development program is catered to reaching students from urban, underrepresented communities, including students of the military. The Lenovo Scholar Network is specially designed to enable the next generation of developers and entrepreneurs from these communities, a primary constituency group of all NAF students. As part of the program, NAF students from 10 IT academies across the US will participate in mobile app and entrepreneurship courses intended for the project-based competition. Academies will be selected by NAF through an application process, and selected institutions will be announced in September 2014. The competition tasks students to design and develop a mobile app and business plan for taking the app to market, which measures critical college and career readiness skills. Lenovo will provide PC and tablet devices to each of the 10 participating schools to aid the students and teachers in implementing the curriculum. The products include PC devices for student development and coding collaboration, and Lenovo tablet devices for the testing and viability of the mobile app. These Lenovo devices will also enable the students to develop their marketing plan and strategies to bring the app to market.

 

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LNVGF

Industry Average

Valuation LNVGF Industry Range
Price/Earnings 17.9x
Price/Sales 0.4x
Price/Book 5.2x
Price/Cash Flow 17.7x
TEV/Sales 0.3x
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