Get a demo Do I subscribe? News sign-up
Print

Chinese PC Maker Aims for Global Top Slot

News, 17 December 2004


The Peoples' Republic of China served notice yet again it aims to become the world's leading economy within a few decades.

Not only is it set to become the globe's second largest auto manufacturer [WAMN 15-Dec-04], last week it prepared to pole-vault into world number three position in PC sales with the Lenovo Group's acquisition from IBM of its personal computer business.

But Yang Yuanqing, president/ceo of Lenovo, is not satisfied with such a lowly ranking. "We aim for the top slot by rolling out products that consumers want, in all ranges from top-end models to mid- to low-price machines," he told Japanese newspaper Asahi Shimbun this week.

When the acquisition of the IBM unit and its bluechip brand image is finalised, Lenovo will have 7.7% of global PC sales, lagging only Hewlett-Packard (15%) and Dell Computer (16.7%).

Says Yuanqing of the IBM deal: "The marriage of the two players, which respectively know the world's two largest markets inside out, will enhance our global competitiveness.''

He plans to invest heavily in IBM's Japan-based PC research and development facility and to continue to exploit its capabilities.

Data sourced from Asahi Shimbun Online; additional content by WARC staff