Lenovo sets sights on Apple in tablet PC race

By on Aug 22, 2011 at 3:30 PM
Tablets August 22, 2011

Apple recently moved more products in China than Lenovo, but Lenovo CEO Yang Yuanquing isn’t afraid of Apple or its popular iPad tablet. One HSBC analyst recently said that Lenovo would have to boost its sales by $1 billion to be on a par with Apple’s revenue in China. According to the Financial Times, Mr. Yang doesn’t think HSBC’s analysis is fair. “That is not an apples to apples calculation,” he said. “[HSBC's] calculation includes the phone business but Lenovo’s main focus is in PCs, our phone business isn’t that strong even in China. If you compare the PC business we still have a lead far ahead of any of our competitors. Our aspiration is to gain market share and to continue to outgrow the market,” Mr. Yang said, noting that his company will focus on creating devices for all segments of the tablet market, including low-priced devices. “We will be one of the strongest players in this arena,” Mr. Yang said. “We want to become the leader in this industry and I believe that is definitely achievable, that is our aspiration.” Lenovo currently offers tablets powered by Google’s Android operating system and Microsoft’s Windows 7 platform.

[Via AllThingsD]

Read [Financial Times] Read [Financial Times]

Tags:
, , , , , , , , ,
22 Comments

Related Articles

  • Anonymous

    not going to do it with the junkity junk junk called the Ideapad or is it iDeaPad?

  • http://twitter.com/UrbanEnigma Yves

    So David has his eyes set on Goliath. Hope they’ve got a pretty badass slingshot up their sleeve

    • http://twitter.com/GRZLA Grizzly Atoms

      According to your set up of them being David, I think that means they have a slingshot and are going to win.

  • Thefuzz7

    so did HP

  • Anonymous

    famous last words

  • Anonymous

    So it’s not a fair comparison because people prefer the iPhone (& iPad) over your device? May your whining bring you good fortune.

  • Anonymous

    Take one P out of the word APPLE and then paint the sucker white…….and don’t forget to show them your business license….seems like they’re checking for that now

  • Anonymous

    Mr. Yuanquing,

    a word of advice: hire some industrial designers and UX/UI specialists before you start bragging.

    You can make one nice Thinkpad industrial-hc style pad for pros, but the rest of the world wants something else and your notebooks clearly show you don’t know how to design that ‘something’.

  • Bringit

    There is no market for tablets – only iPads.

    • http://twitter.com/GRZLA Grizzly Atoms

      This is how a fanboy thinks.

      • http://www.droiddoes.com/ Norm

        Or how 99% of consumers think.

      • Bringit

        Yes, thinks in reality.

  • Anonymous

    Well that’s good – I would have been surprised if they decided to set their sites on, say, Archos tablet sales…

  • Anonymous

    so, you haven’t committed to a development environment and/or user experience and expect to beat Apple in the iPad space.   Lenovo’s CEO needs to hire a couple more  COOs and another CEO if he thinks Lenovo is going to beat Apple using RIM’s Strategy.

    He hasn’t realized that iPods and iPhones are just small iPads (not really ,but close enough).   So, to aim at the $500 mark is folly.   This will be especially true when a prepaid iPhone 4s/5/? is released in china.  Apple has the pipeline to keep the price umbrella quite low to the ground.  Therefore Apple can drive prices to a point where a functional competitor is higher in construction costs, than Apple’s  retail cost.  

    ToG

  • http://twitter.com/gnomehole The Gnome

    Where have we heard this before… seriously… do these guys like making huge fools of themselves?

    I mean, Apple won’t own the tablet market forever – but over-promising a pile of crap has become commonplace among the catch-up crowd.  Look at HP.  Look at RIM…  

    How about actually releasing a tablet.. or two.. or three… before you prepare yourself for battle with those who are lightyears ahead.

  • Anonymous

    LOL-NO-VO

    -Sent from my iPad 2

  • http://www.sk1wbw.wordpress.com Wayne Williams

    I can never understand a company philosophy that brags about selling products with other company software on it.  Like the Microsoft store, for example.  They sell other people’s computers there.  Now Lenovo is bragging about selling tablets with someone else’s OS on it?  Hardly worth bragging about, really.

  • http://twitter.com/#!/PitoVH787 Pito V.H

    lenovo suck….

  • aaronZona

    If Lenovo had released the U1 Hybrid they would have a better market share. The fact that did not leads me to believe that they aren’t interested in competing in the tab market. So I’ll wait for the next gen Transformer instead.

  • http://pulse.yahoo.com/_B4OGBROXQZNX5C4XDTX6ICYMXQ Gilda Cameron

    I just paíd $22.85 for an íPad 2-64GB and my girlfriend loves her her Panasoníc Lumíx GF 1 Camera that we got for $38.78 there arriving tomorrow by UPS. I will never pay such expensive retail prices in stores again. Especially when I also sold a 40 inch LED TV to my boss for $625 which only cost me $62.81 to buy. Here is the website we use to get it all from, CentHûb.côm

  • http://malcolmbastien.com Malcolm Bastien

    “all segments of the tablet market, including low-priced devices” is what really worries me out of the whole statement. What other segments are there besides “those who buy iPads”? They are going to gamble on unproven segments.

    Lenovo, why don’t you release one really good product for one segment, whatever it is, and then go from there.

  • http://twitter.com/res08hao1 Uncle Bernie

    all these asians do is manufacture-in huge sweatshops-throw-away plastic trash. The poor slobs in Indonesia can only buy so much of it.

blog comments powered by Disqus