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PC Maker Lenovo Back in the Black.

Publication: eWeek
Publication Date: 23-MAY-07 		Format: Online
Delivery: Immediate Online Access
Full Article Title: PC Maker Lenovo Back in the Black.(Lenovo Group Ltd.)

Article Excerpt
HONG KONG (Reuters)--Lenovo Group Ltd., which has slipped a notch to fourth among global PC makers, returned to the black in its fiscal fourth quarter after turning round its U.S. arm, but faces a competitive year.

Lenovo, which in 2005 bought out IBM's PC division for $1.25 billion, will now grapple with a galvanised Acer Inc., which replaced the Chinese firm as the world's third-largest PC maker in the January-March quarter.

And it might have to wage a price war with Dell, which introduced a PC for as little as...

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