Friday, May 27, 2011

Xudong Chen : Lepad in the Chinese market in short supply

On May 26, Xudong Chen, General Manager of Lenovo China said today, in spite of the Apple iPad's price cuts sniper, but Lenovo does not follow the expected Apple to lower prices listed, Le pad in the Chinese market is still in short supply.

Lenovo Group CEO Yang yuanqing said yesterday its pad at the end of March after putting on the market, the favourable response, and in short supply, it is expected that accounted for at the end of this year as a whole 20 shares in the tablet computer market. Beginning this summer, Lenovo will promote in overseas markets music pad and ThinkPad tablet.

It is learnt that the Lenovo Group announced today the IV quarter and annual results ended March 31, 2011. Lenovo Group today reported results for the year 2010, Association 2010 annual revenues in the fiscal year 215. US $900 million, increased 30 per cent, and net profit of 2. US $7.3 billion, up 112 per cent. Year - long global market share of 10. 2%.

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