CEO: Competing with Apple, Lenovo has home-field advantage

15:42, July 19, 2010      

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Lenovo's global market share in the second quarter increased from 9 percent to 10.2 percent in the first quarter, Lenovo's CEO Yang Yuanqing said, citing a survey conducted by IDC, a global market intelligence firm recently.

Yang noted this in Shanghai recently during a meeting attended by nine Lenovo senior officials, according to Jiefang Daily's reports on Monday.

China's mobile Internet market has good prospects and related industries in the coming few years will see very high and possibly explosive growth, which will facilitate Lenovo's further market expansion, said Yang. Given Lenovo's familiarity with domestic market and its distribution network, it is expected to compete with Apple in mobile Internet products, according to Yang.

Compared to Apple, Lenovo's biggest advantage is its familiarity with China's market. It can develop more products tailored to Chinese consumers and Lenovo's wider sales network can help promote its mid-level mobile Internet products.

In the near future, the computer and the mobile phone will not be fully integrated. But with the development of the mobile Internet market, small types of terminals will be frequently used for the Internet to fulfill e-mail, Web-browsing, games and other needs, according to Yang.

Lenovo will develop new products and expand types of products to help realize interconnectivity between different products.

By Liang Jun, People's Daily Online

(Editor:梁军)

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