Lenovo Launches First ThinkPad Laptop - ThinkPad X41T
From People's Daily Online: Lenovo launches first ThinkPad laptop
"Three months after acquisition of IBM PC, Lenovo launched its first ThinkPad product, the ThinkPad X41T laptop on Aug 16, 2005.
As the newest member in the ThinkPad X series, the ThinkPad X41T inherits the consistent style of the Think series. The retail price of ThinkPad X41T is over 20, 000 yuan ($ 2 470), suggesting Lenovo will stick to the high-end route for the ThinkPad series."
From Globetechnology: HP bigger threat than Lenovo, Dell says
"Kevin Rollins, president and chief executive officer of Dell Inc., says Hewlett-Packard Co. remains the Round Rock, Tex., company's strongest rival, even as Chinese electronics giant Lenovo Group Ltd. reported turning around International Business Machines Corp.'s money-losing PC business just three months after buying it.
Hong Kong-based Lenovo paid IBM $1.25-billion (U.S.) in May for its ThinkPad and other PC operations, transforming itself into the world's third-largest personal computer maker, behind only Dell and California-based HP.
"The jury is still out on how successful . . . Lenovo will be on the global stage. They are doing quite well in China, but they have a little bit of a home field advantage there. Our business in China does very, very well," Mr. Rollins told reporters in Toronto yesterday. "I still think . . . HP is the most sizable competitor that we have. There are many other smaller competitors who are emerging in the market that could be more challenging than Lenovo."
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