Friday, March 12, 2010:
The Chinese PC giant Lenovo Group feels that wireless Internet technology is the gateway to the future. It expects its wireless products to make up nearly 80 per cent of its sales within the next five years as it looks to expand in fast-growing emerging markets, CEO Yang Yuanqing said today.
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The world's fourth-largest personal computer maker, Lenovo entered into the mobile Internet market this January when it launched a smartphone and two Web-linked portable computers. "Mobile Internet is very important," Yang said in an interview. "Even today, notebook sales already are higher than desktops. Mobile Internet products are going to be 70 to 80 per cent of our sales ... within three to five years."
Elaborating on his company's plans, he said Lenovo is planning to concentrate on promoting mobile Internet and sales in emerging economies in Asia, Latin America and Eastern Europe. He said Lenovo's long-term plans aim at consolidating its dominant presence in China. The nation accounts for nearly half of Lenovo's global sales but there's competition from such familiar names as Hewlett-Packard and Dell, whose products are being increasingly tailored to meet Chinese customers' demands, reports Yahoo! News.
Ashish Joshi, EFYTIMES News Network
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