Micro Connect, the market infrastructure platform connecting global capital with China's grassroots economy, announced that it has completed a capital raise of US$70 million
Lenovo has decided to enter the mobile phone OEM market to improve the capacity utilization of its mobile phone manufacturing plants.
China-based Lenovo Group is hoping to improve its bottom line with the layoffs of about 3,200 positions around the world.
China's Lenovo Group and Japan's NEC agreed to extend their joint venture agreement through 2026.
More than two years after it was originally announced, Lenovo Group has officially opened its wireless-focused research and development facility in Wuhan.
Sao Paulo is the beneficiary of a USD100 million research and development expansion move by Lenovo.