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4-Traders Homepage  >  Equities  >  Stock Exchange of Hong Kong  >  Lenovo Group Limited    0992   HK0992009065

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Lenovo : promises Android security updates for the Moto Z and Moto G in response to criticism

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07/23/2016 | 05:06pm CEST

When Moto phones were being released under the Motorola brand, many people bought them simply because they had a plain version of stock Android that received software updates quickly and always ran the latest version of the operating system. Now, the Moto brand is under Lenovos control, and slow updates to older phones have led to questions about the companys commitment to timely updates.

It looks like Lenovo may not be issuing Googles monthly security updates as quickly as before. The company finally released a security patch for the Moto X Pure a few days ago, after three months of not releasing any security updates. As such, the phone is still running with out-of-date software thats missing more recent security patches. Its unclear whether this trend toward slowing updates will cross over to Lenovos new Moto Z and Moto G4 smartphones.

A recent review of the Moto Z from Ars Technica cites a statement from Lenovo saying that the Moto Z will not be getting monthly security patches. We reached out to Lenovo to get clarification on updates for Moto phones.

Moto Z and Moto Z Force as well as the Moto G Family will be supported with patches from Android Security Bulletins. They will receive an update shortly after launch with additional patches, a representative told Digital Trends in an email.

Lenovo says that the phones will get security patches, but theres no word as to how often users will get them or how up-to-date the security patches will be. Access to timely security patches and software updates is of the utmost importance, especially with the rise of dangerous hacks like Stagefright and Heartbleed. Unfortunately, most Android manufacturers dont have a good track record with updates and carriers often slow down the process with their own conditions.

(c) 2016 All Rights Reversed for Saudi Press Agency Provided by SyndiGate Media Inc. (Syndigate.info)., source Middle East & North African Newspapers

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Financials ($)
Sales 2017 43 711 M
EBIT 2017 996 M
Net income 2017 677 M
Debt 2017 1 119 M
Yield 2017 4,07%
P/E ratio 2017 10,70
P/E ratio 2018 9,61
EV / Sales 2017 0,20x
EV / Sales 2018 0,18x
Capitalization 7 561 M
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Lenovo Group Limited Technical Analysis Chart | 0992 | HK0992009065 | 4-Traders
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Mean consensus HOLD
Number of Analysts 28
Average target price 0,77 $
Spread / Average Target 13%
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Yuan Qing Yang Chairman & Chief Executive Officer
Gianfranco Lanci President, Chief Operating Officer & Executive VP
Wai Ming Wong Chief Financial Officer & Executive Vice President
Peter D. Hortensius Chief Technology Officer & Senior Vice President
Qingtong Zhou Chief Information Officer & Senior Vice President
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