While there have been many 4G smartphones for sale at retail prices of CNY1,000 (US$163) or below in the China market, China-based vendors including Coolpad and Lenovo are expected to launch models for sale at CNY500 or below by the end of 2014, according to president He Ning for China Mobile Device, a wholly-owned subsidiary of China Mobile. 4G smartphones priced at up to CNY500 will be mainly support TD-LTE, TD-SCDMA and GSM, with chip solutions to be provided by Taiwan-based MediaTek, He said.
Because telecom carriers in China have sharply reduced subsidies to smartphone purchasing, China-based smartphone vendors, which used to cooperate tightly with telecom carriers and adopted a strategy of flooding the market with multiple smartphone models, are turning to marketing through retail and online channels, significantly reducing the number of smartphone models customized specifically for telecom carriers, according to Digitimes Research’s recent findings.
Lenovo will further hike in-house notebook production and reduce orders to Taiwan-based ODMs in 2015, with total outsourcing orders to decrease by over three million units on year and the corresponding proportion of target shipments to slip from 50% in 2014 to 40%, according to Taiwan-based supply chain makers based on Lenovo’s RFQ (requests for quotation) for 2015. Lenovo will increase in-house production of consumer notebooks from eight million units in 2014 to 9-10 million units in 2015, and business-use models, mainly ThinkPad series, from seven million units to eight million.
NEW YORK: IBM said on Friday (Aug 15) that US authorities had cleared a US$2.3 billion (S$2.86 billion) deal allowing China-based Lenovo to take over its server unit after a national security review. The Committee on Foreign Investment in the United States (CFIUS), which reviews takeovers which could have national security implications, notified IBM “of the successful conclusion of the committee’s review,” the company said in a statement.
SHANGHAI, July 25 — Displaying its smart glasses for the first time in prototype form in its native China yesterday, the company is hoping to attract developers’ and manufacturers’ attention ahead of an official launch in October. Lenovo wants to make its take on smart glasses, called the C1, the central hub of the connected home or office of tomorrow.
Chinese gadget-maker Lenovo (HKG:0992) today published its newest earnings report for what it calls Q4 and full-year 2013. Lenovo sold 50 million smartphones and 9.2 million tablets in the previous year, marking the fourth quarter in a row that it has sold more tablets and smartphones than PCs.
IBM and Lenovo Group have said very little about the progress of the $2.3 billion deal that will see the Chinese company take over IBM’s X86 server business. But at the Edge 2014 conference hosted by IBM in Las Vegas this week, the company said the deal was on track. In a keynote address, Adalio Sanchez, general manager of the System x division, who gave EnterpriseTech the scoop on the deal shortly after it was announced in January, could not be precise about how the deal was progressing through the various regulatory bodies of the world.
SAN FRANCISCO, May 6 — The world’s largest PC maker has taken the wraps off two new notebooks that ignore Microsoft in favour of Google’s lightweight virus-free operating system, Google Chrome OS. Both Chromebooks use Intel Celeron processors, supported by up to 4GB of RAM and 16GB hard disks. However, in terms of cost, portability — they measure just 295 mm x 212 mm x 17.9 mm (11.6 in x 8.34 in x 0.70 in) and boast an eight-hour battery life — and ease of use, they have very few competitors, except for other Chromebooks.
KING OF PRUSSIA, USA: Devon IT Inc., the thin client and virtual desktop software solutions provider has announced that Lenovo (in partnership with Devon IT) is showcasing virtual desktop and mobile solutions that enable users to access their desktop and corporate applications from numerous locations at Citrix Synergy. The event will be held at the Anaheim Convention Center in Los Angeles, CA, from May 6 – 8, 2014.
Lenovo could set new record earnings in its financial year to March 31 after posting the strongest growth among the world’s top suppliers of personal computers last quarter, while the overall industry continued to decline. In separate preliminary estimates released on Thursday, technology research firms IDC and Gartner said global shipments fell for the eighth consecutive quarter in the three months to March 31 but showed signs of improvement.
Huawei Device and Xiaomi Technology aim to ship 100 million smartphones globally in 2015, while fellow vendor Lenovo aims to hit 100 million in its 2014 fiscal year (April 2014-March 2015), according to Taiwan-based supply chain makers. Huawei Device shipped 50 million smartphones globally in 2013 and expects to ship 80-90 million units in 2014, with its global market share to rise from 5% in 2013 to 8-10%, the sources indicated.
ASIA-PACIFIC COMMENTS by Ray Kwong | If China’s biggest PC maker gets the nod to buy Motorola’s handset unit and IBM’s low-end server business for a total of US$5.2 billion, it will become the world’s 800-pound gorilla of information tech. If it doesn’t, only CFIUS will know why.
The company bought Google’s handset division, Motorola Mobility, in its second multibillion-dollar deal in two weeks. Lenovo’s second multibillion-dollar deal in two weeks, and Liberty Global’s $9 billion acquisition of Ziggo dominated the international ICT market last week.
Pandu, a 25-year-old mobile phone salesman at Oke Shop in a mall in central Jakarta, has noticed a change in his customers’ tastes. Indonesian consumers who used to prefer BlackBerry or Samsung Electronics devices have started asking for products made by Lenovo. The world’s No. 1 PC maker is expanding into smartphones, and Indonesia is one of its most important targets. “We can get Lenovo smartphones with almost the same specifications as the Samsung brand for almost half price,” says Pandu, who like many Indonesians uses one name.