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Lenovo's parent invests $237 million in Chinese chipmaker Fullhan

By Reuters Staff
1 Min Read
(Reuters) - Legend Holdings, the parent of the world’s biggest PC maker Lenovo, said it would buy a 15.9% stake in chipmaker Fullhan Microelectronics for 1.54 billion yuan ($236.9 million) in a push to diversify its portfolio.
Legend’s unit Dongfangqihui bought 12.8 million shares between Sept. 1 and March 17 from privately held Quick Talent Holdings, the company said on Wednesday, with the last round of transaction for a 5.2% stake yet to settle.
Most well-known for its ownership of Lenovo, Legend, for years has sought to diversify its portfolio beyond the computer sector, including finance and car rental industries. ....

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Apple-supplier Foxconn flags strong start to year as lockdowns spur electronics demand

Apple supplier Foxconn said it expects first-quarter revenue to rise more than 15% from a year earlier, boosted by strong iPhone sales and robust demand for electronics during lockdowns worldwide to curb the COVID-19 pandemic. ....

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U.S. ITC to probe some cellular devices made by Samsung, Motorola Mobility

By Reuters Staff
1 Min Read
FILE PHOTO: The logo of Samsung Electronics is seen at its headquarters in Seoul, South Korea, April 4, 2016. REUTERS/Kim Hong-Ji
WASHINGTON (Reuters) - The U.S. International Trade Commission on Tuesday said it was probing certain LTE-compliant cellular devices made by Samsung Electronics Co Ltd and Lenovo Group Ltd-owned Motorola Mobility following a complaint.
The agency said it was launching the investigation following a Feb. 1 complaint filed by Austin, Texas-based Evolved Wireless LLC that alleged patent infringement.
Reporting by Susan Heavey; Editing by Chris Reese ....

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UPDATE 1-Microsoft says Chinese hackers targeted groups via server software

A China-linked cyber-espionage group has been remotely plundering email inboxes using freshly discovered flaws in Microsoft mail server software, the company and outside researchers said on Tuesday - an example of how commonly used programs can be exploited to cast a wide. ....

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Hacking group targets organizations via Microsoft server software -researcher

An unknown hacking group recently broke into organizations using a newly discovered flaw in Microsoft mail server software, a researcher said on Tuesday, in an example of how commonly used programs can be exploited to cast a wide net online. ....

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