Although the current generation of "Ultrabooks" don't really conform to a rigid specification apart from being really slim, unlike the next-generation Ivy Bridge-based ones which will have to conform to a specification laid down by Intel, the name "Ultrabooks" (short for ultra-portable/slim notebooks) has stuck. With Intel's newest processing platform just a couple of months away, notebooks manufacturers are reportedly lowering prices of current-generation Ultrabooks.

The move to lower prices of Ultrabooks is simply to clear inventories and pave the way for the next-generation. The prices will be cut significantly. Acer's Ultrabook S3 already saw its price drop to US $799 from $999; while HP's Ultrabooks will see prices cut by as much as 25 percent. Price of Lenovo's Ultrabook will go down by up to 21 percent. In short, every $999-ish Ultrabook will see its price go down to $749-799.

A quick glance over Lenovo's web shop will confirm the availability of a new IdeaPad laptop, a model called Y470p which features a 14-inch (1366 x 768) LED-backlit display, a 2.2 GHz Core i7-2670QM processor, 8 GB of RAM, an AMD Radeon HD 7690 1GB discrete graphics card, a 750 GB hard drive, and a DVD writer.

Lenovo's mobile PC also has JBL stereo speakers, Gigabit Ethernet, 802.11 b/g/n WiFi, Bluetooth 2.1, a 2.0 megapixel webcam, a HDMI output, and a 6-cell battery. The IdeaPad Y470p is backed by a one-year warranty and costs as low as $799 (thanks to a special offer).

Initially set for a December 20th roll-out, the student-friendly ThinkPad X130e 11.6-inch laptop has now found its way to Lenovo's online shop and where it's awaiting orders (actual shipments start on February 9).

The X130e features a durable construction (rubber bumper around top cover, extra-tough bezel, hinges, keyboard and ports), it runs Windows 7 Home Premium 64-bit, and packs an Intel or AMD processor, an LED-backlit (1366 x 768) display, integrated graphics, up to 8 GB of RAM, up to a 500 GB hard drive (or a 128 GB SSD), Gigabit Ethernet, 802.11 b/g/n WiFi, optional Bluetooth and mobile broadband, and a 6-cell battery allowing for up to 8 hours of operation.

Currently Lenovo is offering two base configurations for this machine, one priced at $429, with an AMD E-300 (1.3 GHz) APU, 4 GB of RAM and a 250 GB HDD, and one costing $549 that boasts an Intel Core i3-2367M (1.4 GHz) CPU, 4 GB of RAM and a 250 GB HDD. Both are available here.

AMD (NYSE:AMD) today announced revenue for the fourth quarter of 2011 of $1.69 billion, net loss of $177 million, or $0.24 per share, and operating income of $71 million. The company reported non-GAAP net income of $138 million, or $0.19 per share, and non-GAAP operating income of $172 million. Fourth quarter non-GAAP net income excludes an impairment of AMD's investment in GLOBALFOUNDRIES of $209 million, restructuring charges of $98 million, the loss from discontinued operations of $4 million, the amortization of acquired intangible assets of $3 million and a loss on debt repurchase of $1 million.

For the year ended December 31, 2011, AMD reported revenue of $6.57 billion, net income of $491 million, or $0.66 per share, and operating income of $368 million. Full year non-GAAP net income was $374 million, or $0.50 per share, and non-GAAP operating income was $524 million.

Lenovo announced today its second generation Classmate+ laptops - in both traditional clamshell and convertible laptop form factors - based on the Intel Learning Series. These new laptops offer students, teachers and IT administrators more ruggedness with new durability features like greater spill resistance, affordability, battery life up to 10 hours and enhanced usability with Intel Learning Series software suite for using the e-reader, web camera and digital writing features.

Hit by hard drive shortages and slow economic conditions, the PC market has ended 2011 on a rather low note, with preliminary data from research firm IDC showing that PC sales in Q4 were of 92.7 million units, down 0.2% on-year. Despite the Q4 drop, the PC market still managed a decent result for the whole year, recording a 1.6% increase in shipments compared to 2010.

Back to the Q4 data though, we see HP maintaining its top position with 15.1 million shipped units and a market share of 16.31%. It's worth noting that, while it's still top dog, HP actually experienced a 15.93% drop in shipments compared to the same period of 2010. On second place, inching closer to HP is Lenovo, with a 14.04% share (the company managed a 36% growth over Q4 of 2010) while on third we find Dell securing 12.91% of the market.

After many years of planning, work and investment, Intel is now finally looking ready to step up and challenge ARM in the smartphone space. Yesterday at CES 2012 Intel announced that not one but two major companies - Lenovo and Motorola, will be using its 32 nm Medfield SoC (System-on-chip) for smartphones and tablets coming out later this year.

Lenovo is set to kick off the Medfield game as soon as Q2 when it will release in China the K800 smartphone running Android 4.0 (Ice Cream Sandwich). The K800 is powered by a 1.6 GHz (single-core/dual-threaded) Atom Z2460 chip, and features a 4.5-inch TFT touchscreen, an 8-megapixel rear-facing camera, 802.11 b/g/n WiFi, Bluetooth 3.0, and GPS. Lenovo's plans also include a 10-inch Android tablet that's likely also scheduled for a Q2 arrival.

Lenovo today announced IdeaPad YOGA, the industry's first multi-mode notebook with a 360 degree flip-and-fold design. Combining the tablet's ease-of-use with the ultrabook's functionality, IdeaPad YOGA gives consumers four-in-one personal computing, with four separate usage modes in one PC. Lenovo also announced today its new IdeaCentre A720, the slimmest 27-inch all-in-one (AIO) PC in the industry.

Lenovo today announced an exciting lineup of new consumer laptops and desktops at the 2012 International Consumer Electronics Show, providing a variety of PCs to suit every computing need, style desire and palette preference, with the debut of new colors including Peony Pink, Electric Blue and Ruby Red.

New laptops in the IdeaPad U Series, Y Series, S Series and Z Series provide a full spectrum of styles, colors and performance for every consumer - from mobile professionals to students and everyone in between. New models of IdeaCentre desktops range from the performance K Series to the space-saving multi-touch IdeaCentre B Series All-In-One (AIOs).

Lenovo today announced its new portfolio of small-to-medium business (SMB) laptops loaded with serious business technology and personal lifestyle computing features. The portfolio includes the premium ThinkPad Edge S Series to the mainstream ThinkPad Edge E Series to entry-level laptops in the essential Lenovo B Series, available in select markets. The chic ThinkPad Edge S430 laptop comprises high style and genuine substance with performance technologies and innovations like the latest Intel Core processors and Thunderbolt technology. The ThinkPad Edge 11, 13, 14 and 15-inch laptops include new useful technologies like Lenovo Solution Center to solve common IT tasks, while simultaneously addressing users' entertainment needs with rich visual and deluxe audio features.

According to Digitimes' upstream supply chain sources, two Top 5 PC makers, Lenovo and Acer, are planning to introduce in the third quarter of this year some Wintel tablet PCs based on Intel's Clover Trail platform.

Clover Trail is the third Atom platform to utilize 32nm chips, and it specifically targets tablets, offering higher performance than the Medfield SoC coming in the first half of this year.

Both Acer and Lenovo's alleged Clover Trail tablet PCs are expected to run Windows 8 and may focus on the enterprise market.

Although not officially announced, Lenovo's Ideapad S110, which is based on the Intel "Cedar Trail" Atom processor platform, showed up on a teaser video by the company. Lenovo is referring to this 10.1-inch netbook as a "mini notebook". Generally, big vendors such as Lenovo refer to portable computers in this category as "netbook" or "sub-notebook". In its video, Lenovo revealed the Ideapad S110 to come in four fabulous color options. The S110 is driven by Intel Atom N2600 processor, 1 GB of RAM, 320 GB HDD, a 10.1-inch HD screen featuring 720p resolution, a 2 megapixel web camera, 98-percent full-size chicklet keyboard, Lenovo's Quick Start feature, and USB 3.0. 10/100 ethernet and WiFi b/g/n are standard, though 3G HSDPA can be opted for. Windows 7 Starter is the OS of choice. ProVantage already listed the Ideapad S110 (base) for US $321.62Lenovo's teaser video follows.

Intel notified its partners among OEMs and ODMs, price cuts of processors based on the "Sandy Bridge" architecture, by 10 to 15 percent, according to sources in the notebook industry. The company hopes that reduced prices will stimulate market demand, and help quicker digestion of inventories as it gears up to launch its new generation of Core processors based on the 22 nanometer "Ivy Bridge" silicon, in April 2012.

Major notebook vendors such as Lenovo, Acer, and ASUS, have already brought prices of their models based on the popular Core i5-2430 below US $659 (NTD 20,000), and those based on cheaper Core i3 models under NTD 13,000 (US $430). Intel's upcoming Core i5-3450 and Core i7-3370, which will be found in Intel's mid-thru-performance lineup of new-generation Core processors, are expected to be just about $10-$15 costlier than the chips they're about to displace. The two are expected to be priced in the range of US $184-332. It is expected that notebook vendors will convey these fresh price cuts to the end-user, resulting in slightly more affordable notebooks.

Lenovo put its IdeaPad U300s ultrabook up for pre-order on its company online store. Soon enough, many buyers found themselves to have back-ordered it. The initial few waves of orders got December 19 as the expected shipment date, the rest will have to wait for at least another few weeks. Not only is the U300s back-ordered, but it's also that the winter break is falling in between that period. The only model available for orders is a 13.3-inch one powered by Intel Core i7 ULV processor, with up to 4 GB of memory and 256 GB of SSD storage. The fact that this $1999 model is being sold at a sweet web-price of $1499 could be driving the rush.

The recent Thailand floods appear to be taking a bigger toll than expected, with the effects of the shortages to be felt all the way into 2013, according to market research firm IDC. This isn't helped by the fact that the largest manufacturer of HDDs, Western Digital, was hit the hardest. As the situation is so volatile, companies such as HP, Dell & Lenovo are keeping watch on the market daily and are even sometimes having to accept drives of a lower spec if they are to ship some systems at all. As expected, the retail purchaser of hard disk drives comes bottom of the allocation list. IDCs John Rydning said in a statement: "I think the most painful period will occur now through February of next year. We expect the situation will improve, but it won't feel as if things are back to normal until 2013". There's more detail and analysis over at Network World.

Windows (PC) will make its first transition to a machine architecture other than x86 in decades with Windows 8 Windows on ARM (WOA), and Microsoft wants to make absolutely sure that it has a well-oiled ecosystem in place to propel its growth. Currently, Microsoft picked three potent players among ARM processor vendors, Qualcomm and Texas Instruments (that have experience and can ship in Zerg volumes), and NVIDIA (which has demonstrated a lot of engineering potential with its latest Tegra products).

Microsoft reportedly asked the three ARM players to pick two notebook vendors each (one major, and one minor) with which they will work to develop some of the first WOA portable computing devices. Qualcomm selected Samsung and Sony, Texas Instruments chose Toshiba and Samsung, while NVIDIA chose Acer and Lenovo. Among these, Samsung, Toshiba, and Lenovo are the major partners. Surprisingly, Taiwan-based companies have an insignificant role in this ecosystem. ASUS, which has thus far been the largest client of NVIDIA for Tegra processors, has been left out. Now that downstream partners are selected, upstream ODMs such as Quanta Computer, Compal Electronics, Wistron and Pegatron Technology, which manufacture for those companies, are getting their R&D teams in shape to compete for the next-generation platform. The finishing line of ARM's marathon run to get into PCs is in sight.

Lenovo announced today the ThinkPad X130e laptop, specially ruggedized for education and with the features needed to help students in grades K-12 and their schools get the most out of their PC technology. Equipped with the advanced technology expected for an educational laptop, the ThinkPad X130e comes with choices of the latest Intel or AMD processors and fast, integrated graphics as well as wireless connectivity and multimedia tools for today's digital learning. Designed to be handled by kids, the ThinkPad X130e has a reinforced and extra durable top cover, keyboard and hinges. Schools will also like its performance, reliability and customizable options including asset tags, BIOS modifications, custom imaging and a broad selection of custom colors.

Lenovo, today announced the IdeaCentre Q180 - a consumer desktop PC no larger than a paperback book, yet powerful enough to turn a digital TV into a multimedia hub for enjoying music, videos, games, web browsing and more.

"With the IdeaCentre Q180, we upped our game in the compact PC category," said Nick Reynolds, executive director, Product Group Marketing, Lenovo. "Featuring the latest HD Graphics and Blu-ray 3D playback, the Q180 enables consumers to change the way they enjoy multimedia and the Web in their living room at an affordable price point."

NVIDIA (NASDAQ: NVDA) reported revenue of $1.07 billion for the third quarter of fiscal 2012 ended Oct. 30, 2011, up 4.9 percent from the prior quarter, and up 26.3 percent from $843.9 million in the same period a year earlier.

On a GAAP basis, the company recorded net income of $178.3 million, or $0.29 per diluted share, for the third quarter of fiscal 2012. That compares with net income of $151.6 million, or $0.25 per diluted share, in the prior quarter and $84.9 million, or $0.15 per diluted share, in the same period a year earlier.

On a non-GAAP basis -- which excludes stock-based compensation, amortization of acquisition-related intangible assets, other acquisition related costs, and the tax impact associated with these items -- net income was $217.0 million, or $0.35 per diluted share. That compares with net income of $193.5 million, or $0.32 per diluted share, in the prior quarter, and net income of $117.4 million, $0.20 per share, in the same period a year earlier.

Lenovo is readying the launch of three new ThinkVision monitors, the 19-inch ThinkVision LT1952, the 22-inch LT2252p and the 24-inch LT2452p. The three feature LED-backlit LCD panels, among these, the LT2452p features an IPS (in-plane switching) panel, that ensures good viewing angles. A selling-point here is the UL Environment SPC Gold certification.

The LT1952p features a native resolution of 1440 x 900 pixels, a 1000:1 contrast ratio and 170°/160° viewing angles, the LT2252p has the same specifications, except for its 1680 x 1050 pixels resolution. The LT2452p leads the pack with its 1920 x 1080 pixels resolution, 178°/ 178° viewing angles thanks to the IPS panel. A built-in USB hub, and a more flexible stand that allows tilting, swiveling and lifting adjustments, makes for the rest of this screen. The Lenovo ThinkVision LT1952, LT2252p, and LT2452p are priced at US $249.99, $339.99 and $449.99, respectively.

AMD announced that its Board of Directors has appointed Rory P. Read, 49, President and Chief Executive Officer of AMD, effective today. Mr. Read has also been appointed to the Company's board of directors. Read joins AMD from Lenovo Group, Ltd., where he was most recently President and Chief Operating Officer responsible for leading day-to-day global operations while overseeing the development and implementation of the company's growth strategy.

"Rory is a proven leader with an impressive record of driving profitable growth," said Bruce Claflin, Chairman of AMD's Board of Directors. "He is ideally suited to accelerate AMD's evolution into the world's leading semiconductor design company. As President and COO of Lenovo he helped take the company into dynamic new markets while growing market share and expanding profitability. His sound strategic thinking and natural customer orientation will help amplify the voice of the customer inside AMD."

PC major HP announced its decision to scrap TouchPad, the company's flagship tablet device. But in a move that could rattle the OEM industry, there are feelers that HP might spin off its PC business. This is similar to what IBM did with its PC division, resulting in the subsequent creation of Lenovo. This move could take effect as early as by the end of this year. This is one of the most extreme makeovers in the company's 72-year history. It is sought to increase the company's long-term competitiveness against rival IBM.

It is not known if the decision to spin off the PC division will affect any of the 300,000 jobs HP maintains worldwide. HP's PC division (that sells desktop PCs, notebooks, and netbooks and related support services), is its biggest revenue generator, but also it's least profitable division. Whatever the reasoning behind this, the decision is a 180 degree turn from last decade, when HP spent no less than US $24 billion to acquire Compaq Computer, on its road to become the biggest PC vendor.

Lenovo today announced the ThinkCentre M71 all-in-one (AIO) desktop designed for large businesses, schools and governments. The new AIO boasts a variety of performance features, from fast boot up to the latest second generation Intel Core processor family, interactive touchscreen options and advanced video conferencing features.

"We're seeing more and more business customers embrace all-in-one desktops for their space savings, portability and style benefits," said Tom Shell, general manager and vice president, Worldwide ThinkCentre Business Unit, Lenovo. "We've built the ThinkCentre M71z to go beyond these advantages and give any business that needs it the highest levels of desktop performance."

Lenovo today announced two new additions to the ThinkServer family - the TS130 and the TS430 - that give small-to-medium businesses and corporate branch offices a performance boost and powerful manageability tools. A perfect fit for businesses with few or no IT staff, they feature the latest Intel Xeon processor technology, are loaded with remote management tools and offer easy setup.

Lenovo also announced the ThinkCentre M71e, an entry-level desktop to give mainstream corporate offices the technologies they need to conduct business productively, securely and reliably every day. The desktop features 2nd generation Intel Core i processors, rapid boot up and security authentication features.

Lenovo announced today the ThinkStation E30 workstation and ThinkCentre M81 desktop - two new solutions that bring users speedy performance with 2nd generation Intel Core processors, rapid boot up/shut down and extra productivity features. Designed for creative, engineering and financial professionals who rely on specialized software applications to power their work, users get workstation-class performance and reliability starting at an affordable $599. Meanwhile, the ThinkCentre M81 desktop equips large businesses with the advanced computing features employees need to be most productive.

"Workstation users need the kind of performance that lets them do more each minute. The ThinkStation E30 workstation builds on our strong workstation platform, combining new rapid processing for data-crunching with more vivid and intense graphics capabilities," said Tao Gu, executive director and general manager, Workstation Business Unit, Lenovo. "We created the ThinkStation E30 workstation to offer extremely powerful processing on a software-certified solution at desktop prices."