1. Friday May 25, 2018
      Home > BUSINESS
      Text:| Print|

      Lenovo narrows market gap with HP

      2012-02-10 10:34 China Daily     Web Editor: Zhang Chan comment

      The gap in market share between the computer manufacturers Hewlett-Packard Corp and Lenovo Group Ltd has narrowed to 2 percent, according to the Chinese company on Thursday.

      Lenovo reported record sales of $8.4 billion for the company's fiscal third quarter of 2011. It also won a global market share of 14 percent, making the company the second-largest PC maker by market share, after reducing the gap with HP to 2 percent from 9 percent in 2010, according to the IT research company International Data Corp.

      The company attributed its performance to a dramatic surge in sales of Internet mobile devices and growth in mature markets. The company said sales revenue for its Internet mobile devices, including tablet PCs and smartphones, grew 159 percent year-on-year to $565 million between October and December.

      Liu Jun, Lenovo's senior vice-president and president of the company's Mobile Internet and Digital Home Business Group, said the company's share of the smartphone market increased from about 2 percent at the beginning of 2011 to 10 percent in December, largely because of a promotion campaign by China Telecom Corp Ltd.

      "We saw strong progress in our Mobile Internet business. During the (third) quarter, Lenovo sold more than 6.5 million phones, and almost half of those were smartphones. Lenovo's share of the Chinese smartphone market reached double-digits in December," said Yang Yuanqing, Lenovo chairman and CEO.

      Yang said that although the Internet mobile devices division only accounts for about 5 percent of total sales revenue at present, the figure will increase to 10 percent in the near future.

      The increase in profit was also driven by the company's growth in mature markets, including the US, Japan and Europe.

      Lenovo bought the US PC division of IBM Corp in 2005 and last year it announced a $175-million joint venture with Japan's NEC Corp and the acquisition of Medion AG, a German multimedia and consumer electronics maker.

      "For the first time, Lenovo has become the global number one vendor of commercial PCs and consumer desktops, despite the worldwide shortage of hard drives in the past quarter," Yang said. Lenovo generated pre-tax income of $192 million worldwide during the quarter.

      "Because Lenovo maintains a high volume of PC shipments, it has stronger bargaining power with hard-drive providers than other companies," said Wang Jiping, a senior analyst at IDC Asia-Pacific.

      After entering markets through mergers, Lenovo has cooperated with its local partners to introduce tablet PCs to Japan and Germany, and the company said it will introduce smartphones to those markets soon.

      "Europe is one of our major battlefields this year, however, previously our business there only focused on the commercial sector," said Yang. "Lenovo will place greater emphasis on the European consumer market from April, with the help of Acer Inc's former CEO Gianfranco Lanci." Lanci will begin working for Lenovo in April.

      On Tuesday, Acer said that it has filed a lawsuit in a court in Milan, Italy, against Lanci, its former CEO and president, for breaking a non-competition clause, but declined to release further details.

      Comments (0)

      Copyright ©1999-2011 Chinanews.com. All rights reserved.
      Reproduction in whole or in part without permission is prohibited.

      主站蜘蛛池模板: 一个人免费观看视频www| 日本高清免费观看| 国产又粗又猛又爽又黄的免费视频| 亚洲第一页在线视频| 亚欧免费无码aⅴ在线观看| 久久夜色精品国产亚洲AV动态图| 久久精品免费大片国产大片| 国产日产亚洲系列最新| 拍拍拍无挡视频免费观看1000| 亚洲人成色7777在线观看| 三年在线观看免费观看完整版中文| 亚洲色婷婷六月亚洲婷婷6月| 国产午夜无码片免费| 亚洲一区二区成人| 在线观看H网址免费入口| 国产亚洲国产bv网站在线| 青青青国产免费一夜七次郎| WWW亚洲色大成网络.COM| 亚洲日韩在线观看| 久久久久国产免费| 亚洲国产日韩视频观看| 国产大片91精品免费观看男同| a级毛片免费高清视频| 亚洲Av综合色区无码专区桃色| 在线成人爽a毛片免费软件| 在线观看亚洲AV日韩A∨| 亚洲国产精品13p| 免费不卡在线观看AV| 亚洲乱码在线观看| ZZIJZZIJ亚洲日本少妇JIZJIZ| 99久久人妻精品免费二区| 最新亚洲精品国偷自产在线| 亚洲熟伦熟女新五十路熟妇 | 亚洲第一成年人网站| 91免费资源网站入口| 水蜜桃视频在线观看免费| 亚洲av无码一区二区三区不卡 | 亚洲免费观看网站| 粉色视频在线观看www免费| 亚洲AV日韩精品久久久久| 黄色成人网站免费无码av|