The Chinese company Lenovo put its sights in new business areas such as servers and smart phone market, according to CEO Yang Yuanqing of the company despite its adherence to the vision and promising in the personal computing industry.
And in an interview last Thursday,CEO of Lenovo confirmed, the company seeks to transactions related to servers and storage capacity of computers and the expansion of its industry, and if there was an opportunity to acquire one of the manufacturers of that will Exploit.
And Yuanqing confirmed that he still sees the possibility of personal computers, declined to comment on the talks about buying parts of the international business of IBM servers by 1.25% and Wall Street Journal mention that the issue between the two companies stalled over the issue of price.
Yuanqing said that Lenovo intends to expand in the field of smart phones and in order to bypass China in emerging markets latter and then to developed markets promised of being in the market within a year from now.
Of course,Lenovo a facing tough competition in this area such as Samsung Electronics Co. and Huawei and, according to analysis firm IDC,Lenovo had shipped about 7.9 million smart phone in the first quarter of 2013 and more than three times the amount of 2.5 millionwhich shipped last year, and this represents only 3.7 of the global market.
Lenovo has now a good fortune in the computer industry and is now located in the face of competition for Tablets and other portable devices and has declined worldwide shipments of laptops and desktops by 14% in the first quarter of last year, according to IDC.
And Mr. Yang confirmed that it could already be profitable for China, but the focus now is to invest in research and development.
Lenovo intends to enter servers technology field and the are still interested in the personal computing markettechnology, electronics, news, Lenovo, Lenovo CO, servers technology field,personal computing, personal computers market technology