Featured Articles

Intel takes credit for three-way 4K gaming

Intel takes credit for three-way 4K gaming

All of a sudden Intel is talking about desktop gaming like there is no tomorrow and it is pushing it. The…

More...
Nvidia Shield Tablet 32GB 4G LTE out for pre orders

Nvidia Shield Tablet 32GB 4G LTE out for pre orders

Nvidia has finally revealed the shipping date of its Shield Tablet 32GB in 4G LTE flavour and in case you pre-order…

More...
Apple announces its Apple Watch

Apple announces its Apple Watch

Apple has finally unveiled its eagerly awaited smartwatch and surprisingly it has dropped the "i" from the brand, calling it simply…

More...
Skylake 14nm announced

Skylake 14nm announced

Kirk B. Skaugen, Senior Vice President General Manager, PC Client Group has showcased Skylake, Intel’s second generation 14nm architecture.

More...
Aerocool Dead Silence reviewed

Aerocool Dead Silence reviewed

Aerocool is well known for its gamer cases with aggressive styling. However, the Dead Silence chassis offers consumers a new choice,…

More...
Frontpage Slideshow | Copyright © 2006-2010 orks, a business unit of Nuevvo Webware Ltd.
Thursday, 24 May 2012 12:22

Lenovo means business, guns for top spot

Written by Nedim Hadzic

lenovo

To be global PC market leader next year

Strong results, aggressive market advances and competitors' misfortunes have prompted analysts to estimate that Chinese computer manufacturer Lenovo will take the seat of global PC market leader from HP next year. The company is currently some four or five percent behind.

Chinese computer market is the biggest in the world and Lenovo’s 30 percent share there is a significant advantage at home. In fact, the market made up for 42 percent of group revenue, with Lenovo leaving the likes of Acer, Dell, Asus and HP in the dust.

The company sold 2.5 million PCs in China from January to March 2012. Lenovo’s Chairman and CEO Yang Yuanqing said that the company had a 59 percent increase in quarterly net profit and reported strong growth in smaller cities in China, so future seems bright as well.

The competition, namely Dell and HP, haven’t had the best of times as of late and seem to have made headlines for all the wrong reasons. Both HP and Dell reported sharp quarterly profit drops, with HP even cutting 27,000 jobs.

In order to advance on the market, Lenovo had to rely on volume sales. This resulted in Lenovo being the top vendor in emerging markets such as Russia and India but reporting operating losses.

Yang said that the company will find ways to profit in these markets once the company gets to certain volume or 10 percent market share. Apparently, getting customers now means profit later when it’s time to upgrade, especially in the case of corporate businesses.

More here.


Last modified on Thursday, 24 May 2012 12:29

Nedim Hadzic

E-mail: This e-mail address is being protected from spambots. You need JavaScript enabled to view it
blog comments powered by Disqus

 

Facebook activity

Latest Commented Articles

Recent Comments