Search Result for : Lenovo

The Dollar Business Bureau  Chinese electronics major Lenovo on Tuesday said it is planning to make India a potential centre for manufacturing laptops. "The Pondicherry plant, where we are already manufacturing desktops, has the capacity and flexibility to manufacture laptops (notebooks). The company will have to take a call when to do it," said Dinesh Nair, director, consumer business, Lenovo India.  According to Nair, the company is committed to the PM’s Make in India initiative. Last year, Lenovo CEO and Chairman Yang Yuanqing held a meeting with Modi and conveyed his company’s commitment towards the initiative. Lenovo has already started manufacturing at its Chennai plant. The company is now the third largest vendor of PC’s in the Indian market in terms of market share. It has ...

The Dollar Business Bureau Lenovo, China’s multinational technology giant, is looking towards India to significantly enhance its sales growth worldwide even as sales of smartphone witnessed a slowdown in the Chinese market. The world’s largest PC manufacturer received around $1 billion in revenues from India in 2015. The company is now looking to launch more premium devices in the country, such as the new Moto Z smartphones which can be modified with 'mods'. 'Mods' are specifically designed parts of hardware that snap into place magnetically to provide the smartphones additional capabilities. "We will continue to invest in the market and grow our share here, there is a strong long term potential," said Aymar de Lencquesaing, Senior Vice President ...

The Dollar Business Bureau Tablet PCs sales in India increased by 7 percent to 0.91 million units during the period January-March 2016 as compared to the same period last year, a market research report specified. DataWind is leading the market with its share at 34.2 percent, recording a sequential growth of 37 percent, followed by Samsung at 21 percent. The third position is of Pantel (partner of BSNL), which has a market share of 20 percent. Micromax and Lenovo have a market share of 10 percent and 4 percent, respectively, according to Quarterly Tablet PC Market Review 2016 by CyberMedia Research (CMR). Wi-Fi-enabled devices witnessed an increase of about 48 percent, while the demand for 3G and 4G devices saw a decline, the report added. Commenting on ...

The Dollar Business Bureau For the sixth consecutive quarter, the PC shipments declined worldwide, and this time there was a decrease of 9.6 per cent at 64.8 million units in the first quarter of 2016, according to a report released by research firm Gartner. This is the first time since 2007 that shipment volume fell below 65 million units, it said. "The deterioration of local currencies against the US dollar continued to play a major role in PC shipment declines. Our early results also show there was an inventory build-up from holiday sales in the fourth quarter of 2015," said Mikako Kitagawa, principal analyst at Gartner. "All major regions showed year-on-year shipment declines, with Latin America showing the steepest drop, where PC shipments ...

 The Dollar Business Bureau Increasing use of smartphones and high-speed wireless internet has propelled the sales of 4G devices in Indian markets. According to a market research, sales of 4G-enabled devices that support high-speed data transfer have increased by whopping 108% between January and March this year. Analysts attribute the upward sales to the rising demand of data card and smartphones across the country. The two segments have witnessed an increase of 287% and 111% respectively during this period, said the quarterly report released by CyberMedia Research (CMR). While the total 4G device shipments in the country reached 2.2 million units during January-March 2015, smartphones dominated the market contributing 97% of the devices sold. And, experts predict the trend ...