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Stock Investing Course (AXcess
News) Hong Kong - China's giant
computer manufacturer, Lenovo Group Ltd, is set to launch its
own brand ofnotebook and desktop computers and while analysts
believe it will have a tough time convincing consumers to buy
Lenovo brand PCs, itsfeatures may prove them wrong.
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Stock Market Game At a new product debut yesterday, Lenovo said it was set to
launch its Lenovo brand of notebook and desktop PCs in Taiwan next
month.
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Stock Investing Game Since acquiring IBMs PC manufacturing
business, Lenovo has become the
world's third largest computer maker. The company announced
Thursday that it would launch Lenovo brand computers in 10
cities, including New York and Paris, marking its first move
outside China in a more competitive world market.
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Journal Prime Rate Street Wall Lenovo executives in Taiwan would not disclose the models and
prices Lenovo will bring to Taiwan. But said the company won't join
the price war in the local notebook market, which started in the
third quarter of last year and saw vendors pushing portable
computers priced below NT$20,000 ($395 dollars).
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Stock Market News Lenovo's tactic in launching its own brand of PCs is to offer
models with stylish design and the latest features, which Lenovo
believes will tempt PC buyers most.
Stock Investing Basics To further differentiate from the Think brand, which includes
ThinkPad notebooks and ThinkCenter desktops inherited from IBM
Corp's ailing PC unit in May of last year, the Lenovo brand will be
geared toward the consumer segment rather than mid- and large-sized
enterprises, a company executive explained.
Stock Investing Software Lenovo faces an anti-China technology market when it comes to
consumers who prefer to buy computers made in the west and
technology analysts believe that Lenovo is going to have a hard
time convincing Chinese consumers otherwise.
Stock Market Trading In Hong Kong trading Friday, Lenovo shares dropped following the
news of its planned Lenovo-brand of notebook and desktop computers
launch. Lenovo's stock closed 2.3 percent lower at HK$3.25.
Stock Investing For Dummy Lenovo brand PCs will be competing
against Asustek and Acer PCs,
the nation's top-two notebook brands which are low-cost
computers.
Stock Market Crash Lenovo increased its global computer shipments to 13.9 million
units last year, up from 4.3 million a year earlier, according to
the latest preliminary results from ISuppli Corp.
Stock Investing Tip In the fourth quarter, Lenovo's 4.4 million units accounted for
7 percent of global shipments. The company's shipments grew 242
percent in the fourth quarter from a year earlier, the research
firm said.
Stock Market Chart While Lenovo is moving into its own brand of PCS in the second
quarter, the real market lies ahead in the third quarter when most
PCs are bought. So Lenovo is likely to hold prices up until then
before lower notebook and desktop computer prices to gain a larger
market share.
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