Lenovo aims for the Apple of world´s eye
6/20/2011 10:29  Source:China Daily  

The upward momentum has continued. Lenovo's fourth quarter report for the year ending March 31, 2011, showed a net profit of $42.13 million, up from $12.8 million a year earlier. China remained the star performer, accounting for 46.4 percent of the company's sales. Moreover, sales in emerging markets such as Russia, India, East Europe and Latin America also increased sharply.

Determined to fend off competitors in the domestic market, Lenovo has been beefing up its expansion in small cities and rural areas. It has strengthened its distribution network in the countryside. The company has made it a commitment to ensuring that a potential buyer can find an outlet selling Lenovo computers within 50 kilometers of where he or she lives.

After putting its own house in order, Liu is casting his gaze on bigger things. In the PC business, nothing can seem more ambitious than taking on the undisputed leader in verve and style: Apple Inc, which has the biggest market capitalization among all competitors. To that end, Liu is leading his company into the realm of design excellence and popular appeal.通信世界网

    
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