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Lenovo looking to take ‘decisive’ restructuring actions after lowly fiscal quarter

Rapidly declining net income results between April and June will lead to massive layoffs, as well as a reorganization of both Lenovo’s mobile and enterprise businesses. A number of positives can be ascertained from the latest financial report of the world’s largest PC designer, including a year-over-year increase in overall

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HTC’s brand, factories and buildings are now worthless to investors

The Taiwanese smartphone manufacturer’s cash reserves exceed its market capitalization, accentuating a financial crisis that seems inescapable for a former profit machine and industry dominator.   Forget climbing back the Android OEM ranks, HTC’s very survival could be at stake if recent share price plunges aren’t overturned. According to Bloomberg’s

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