Monday, August 29, 2005

Lenovo Sees Itself as No.1 PC Maker in Five Years

From cnet news: Lenovo plans to dominate PC market by 2010

"Chinese personal computer maker Lenovo Group will start to sell its namesake PCs outside China in the first quarter of 2006 as part of its long-term plan to build the world's leading PC brand, its chief executive told Reuters."

"Lenovo's PC shipments in China were three times those of its closest rival in the second quarter, but it has only recently broken into the international market in a big way, with its $1.25 billion acquisition of International Business Machines Corp.'s PC unit.
Lenovo will make IBM's flagship Thinkpad laptops available in Lenovo stores shortly. The acquisition has made it the third-biggest global PC vendor behind Dell and Hewlett-Packard."

"We want to grow Lenovo into a worldwide brand," CEO Steve Ward said. "In five years, we will have a strong chance to be the leading brand in PC."

Read more:
Lenovo Launches First ThinkPad Laptop
China Goes for Supercomputing Crown
Lenovo wrestles back top spot in Asia's PC market
Lenovo Moves Into Global PC Top Ranks

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