Enterprise Tech
  • BEIJING (AP) — Lenovo Group said Thursday its quarterly profit rose 30 percent on strong sales in developing markets but growth slowed amid global economic weakness.

    The world's second-largest personal computer maker said it earned $144 million in the three months ending June 30 on $8 billion in global sales. The profit growth rate was down from the previous quarter's 59 percent increase.

    PC shipments in the Asia-Pacific region and Latin America rose 59.2 percent while those to Europe, the Middle East and Africa were up 62.3 percent.

    In this Aug. 6, 2012 photo, a Lenovo employee, front, walks near the company logos during a Lenovo promotional event in Beijing, China. Beijing-based Lenovo, the world's second-largest personal computer maker, said Thursday, Aug. 16, 2012 it earned $144 million in the three months ending June 30. The profit growth rate was down from the previous quarter's 59 percent increase.
    LAST UPDATE : Aug 22, 2012, 12:59 PM EDT
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  • In this July 17, 2009 photo provided by the U.S. Air Force, an X-51A WaveRider hypersonic flight test vehicle is uploaded to an Air Force Flight Test Center B-52 for fit testing at Edwards Air Force Base. Four scramjet-powered Waveriders were built for the Air Force. The Los Angeles Times says the unmanned X-51 WaveRider is expected to reach Mach 6 _ or about 3,600 mph _ Tuesday, Aug. 14, 2012, when it's dropped by a B-52 bomber and takes flight off the Southern California coast near Point Mugu.

    An unmanned experimental aircraft failed during an attempt to fly at six times the speed of sound in the latest setback for hypersonic flight.

    LAST UPDATE : Aug 22, 2012, 10:57 AM EDT
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