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Lenovo Revises Annual Caps and Renews Agreements with Fujitsu

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Lenovo Revises Annual Caps and Renews Agreements with Fujitsu

Lenovo Group ( (HK:0992) ) has issued an update.

Lenovo Group Limited has announced revisions to its existing annual caps for continuing connected transactions with Fujitsu, reflecting the strong performance of FCCL’s business. Additionally, Lenovo has renewed its agreements with Fujitsu, extending the terms for the provision of services and products, while also entering into a new secondment agreement for employee transfers. These strategic moves are aimed at facilitating FCCL’s operations and maintaining beneficial partnerships, ensuring that the terms remain fair and reasonable for all stakeholders involved.

More about Lenovo Group

Lenovo Group Limited is a multinational technology company incorporated in Hong Kong, primarily engaged in the manufacturing and distribution of personal computers, smartphones, workstations, servers, electronic storage devices, IT management software, and smart televisions. The company focuses on providing innovative technology solutions and services to a global market.

YTD Price Performance: 20.16%

Average Trading Volume: 147,313

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $19.65B

See more data about 0992 stock on TipRanks’ Stock Analysis page.

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