![]() |
Lenovo profit on China(0) Lenovo posted the fastest gain in shipments among the world?s four biggest PC makers in the quarter after setting up more stores in rural China, where residents get government subsidies for buying computers and electronics. Revenue rose 33 percent to $4.78 billion, Lenovo said. Revenue from China rose 45 percent to $2.3 billion, or 47 percent of the company?s total, Lenovo said. Sales from its emerging-market division, which covers India, Brazil and Russia, rose 53 percent to $857 million, it said. Lenovo?s market share in China increased to 33.5 percent, 2.8 percentage points more than a year earlier, it said. Lenovo accounted for 9.2 percent of global PC shipments in the quarter, compared with 7.5 percent a year earlier, according to research company IDC. Hewlett-Packard Co., the industry leader, increased its market share to 21 percent from 19.6 percent, ahead of second-ranked Acer Inc.?s 13.4 percent, according to the Framingham, Massachusetts-based researcher. Shipments of PCs in China climbed 40 percent last quarter, compared with the 24 percent rise in the U.S., according to IDC. Sales in Lenovo?s mature markets division, which includes its operations in the U.S. and Western Europe, rose 13 percent to $1.7 billion. Lenovo emerged from three straight quarterly losses in the three months ended September, as sales in China helped compensate for falling demand from U.S. and European corporate clients. Source : Konaxis |
![]() |
New gaming computers for Lenovo(0) The move is expected to widen its presence in the gaming computer market and consequently increase its sales. “Although game players accounted for just 15 percent of China’s PC users, they are more sensitive to the latest technologies and are often the opinion leaders among their families and friends,” said Liu Jie, Lenovo?s vice-president. “We hope to establish a good brand image in these consumer groups and drive sales of our other product lines through their support.” According to Liu, Lenovo’s gaming computers, which are mainly sold between 4,000 yuan ($585.2) to 7,000 yuan, accounts for 17 to 20 percent of the company’s total sales. He said the gaming computers can be desktops, laptops and all-in-one computers, which shall be available in the following months. Global PC shipments has dropped by 7 percent during the first three months of 2009, according to figures from research firm IDC. The world’s major PC makers strive to release new products to improve consumer demand for technology products. Dell, for example, launched earlier this month a high-end game laptop Alianware M17, priced at $1,399, in an effort to tap serious gamers. Liu said Lenovo’s gaming computers would target mainstream consumers. The company also spent about 10 million yuan this year to support the resumption of the International Electronic Sports Tournament (IEST), an annual computer game competition that Lenovo started in 2006 but suspended last year because of the Olympic Games. Source : Konaxis |
![]() |
Baidu mobile search market(0) Its full wireless services have been implanted into partners’ platforms and mobile phones. Previously, the usually low-profile CTO Lee Yinan talked about Baidu’s wireless strategy in the mobile Internet meeting. Baidu currently is working with China Telecom, China Unicom and other telecommunications operators to discuss the in-depth cooperation agreements, and through cooperation, on one hand, Baidu wireless search will be implanted into operators’ customed mobile phones , on the other hand, Baidu wireless search moves into operaters’ customized services, to explore the applications of wireless search services in 3G era. Baidu recently played a series of dazzling combination of boxing in the wireless area, which, industry experts believe that this indicates , the world’s largest Chinese Baidu search engine, has sounded the horn of the wireless search market in the post-3G era. |
Contacts and information
|
Social networks |
Most popular categories |