5/27/2011

Lenovo Group, said demand Tablet PC Ipad

The world's fourth largest personal computer (PC) maker - Lenovo Group Ltd. (0992.HK) said Thursday its Tablet PC Lepad currently in short supply in the market, and hope that the tablet PC products to market in China accounts for 20% or more share.
Lenovo CEO Yang at a press conference after the results release, said that since Lepad released a month or two has been in short supply in the market. But declined to disclose specific sales figures.
Lenovo Chairman Liu called "very confident in the Tablet PC market share in China for more than 20% for as long as the supply was on."
Lenovo and said, I hope the smart phone Lephone double sales this year, but did not specify that the volume or sales doubled.
Yang said that Lenovo in the emerging markets are more concerned about the short term to enhance product sales and market share in a market when more than 10% market share, will be more concerned about the gross margin improvement.
"Lenovo is now the one hand, to defend the Chinese market, one is attacking the emerging markets. Short period of time, we are more concerned about the sales and market share gains." He said.
Fourth-quarter, emerging markets, Lenovo Group's total sales accounted for 17.4%, in Russia, India, ASEAN countries and Latin America, particularly the growth areas.
With the PC becoming sluggish market demand, global PC makers are testing the waters of new mobile devices have to open up new growth. Lenovo last year, introduced the "Music Phone" smart phone, Tablet PC "Music Pad" is released earlier this year.
** In the mobile Internet to seek acquisition opportunities in areas such as **
Lenovo Group COO (Chief Operating Officer) Rory Read, said the company will continue to develop strategies in line to seek acquisition opportunities in areas such as mobile Internet field.
"We hope to put the advantages of Lenovo in the PC and mobile Internet integration." He said.
Liu also said that the rise of mobile Internet, Lenovo and face new challenges, the company management, "both buckled and eager."
"We will be a breakthrough in the Chinese market, the introduction of tablet PCs, smart phones, digital home and a series of new products." He said.
Lenovo announced early this year, will form a new mobile Internet and digital home business group (Mobile Internet and Digital Home Business Group), in tablet PCs, smart phones, cloud computing, smart TV, digital home and other fields expansion.
Lenovo Group announced earlier in January-March net profit recorded in the fourth quarter of 4,213 million U.S. dollars, compared to 1,280 million U.S. dollars, better than the Thomson Reuters I / B / E / S analysts forecast consolidated 3,670 million.
Lenovo Group rose 0.7% on Thursday, at 4.33 HK dollars. With the broader market? Seng Index 0.67% increase in synchronization.

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