|crazythinker00 (crazythinker00) wrote,|
@ 2012-06-04 21:53:00
Lenovo trying to become largest PC producer
As an owner of a Lenovo PC (I specifically have a Lenovo ThinkPad), this article caught my attention:
Looks like Lenovo has been competitive with Hewlett-Packard (HP) with regards to PC production, which is not surprising when considering that Lenovo currently ranks ahead of every maker except for HP in terms of PC production.
How does it plan to overtake HP? Its approach is to promote the selling of ultrabooks. An ultrabook (http://en.wikipedia.org/wiki/Ultrabook
Lenovo is also making note of HP's various changes, including a major reorganization, layoffs and other. This is important because HP's focus on remaining the No.1 PC maker could have been offset to deal with the aforementioned changes, so Lenovo is trying to take advantage of this time to try and forge ahead.
Along with the struggles that HP has been facing, Lenovo has been on an upwards path in terms of its PC production. In 2011, its rank went from No.4 to No.2, surpassing Acer and Dell along the way. A compelling statistic, as stated in this article, is that Lenovo's fiscal fourth quarter had a net profit indicating a 59% growth from before (from $42 million/year to $67 million during that quarter).
To sum up, Lenovo's path to becoming the No.1 PC maker in the world looks quite promising. Still, there will be challenges to face along the way. Lenovo is going to have to be smart about where it targets its PCs, so as to capture a larger market share with respect to HP or other PC makers.
I am excited to see where this goes - I bought my Lenovo ThinkPad a couple years ago at a local Best Buy store and am generally happy with it. I honestly did not even think about Lenovo's reputation with regards to other PC producers (though I had a good impression of Lenovo when I had purchased my computer). That said, I'm glad I caught up a bit on the tech news on this, and hope to keep up with it.