Lenovo Paper

Topics: Laptop, Lenovo, Lenovo 3000 Pages: 10 (2271 words) Published: November 22, 2010
Laptops have now become a household commodity. It's definitely useful because of its size, weight and portability. Earlier, laptops occupied just a small niche in the market and were used in specialized fields. Today, laptop computers are placed in almost everybody's hand bag. With upcoming inventions and tremendous development in the field of technology, different companies have started manufacturing laptops. Laptop manufacturing companies compete with each other to hold the best position in the market. They try improve their product quality for ultimate customer satisfaction.  There is a multitude of laptop brands and manufacturers; several major brands, offering notebooks in various classes, are Acer, Apple, Fujitsu, Gateway, HCL, Hewlett-Packard, Lenovo, Dell, LG, MSI, Samsung, Sony, Toshiba etc. The average computer savvy person of today has realized that a laptop is not something that's unreachable for him and he can very well make the most of it. Therefore, the market for laptops has been steadily growing and today the number of laptop customer is much, much higher. Battery-powered portable computers had just 2% worldwide market share in 1986. But laptops have become increasingly popular, both for business and personal use. In 2008 it was estimated that 145.9 million notebooks were sold, and that the number would grow in 2009 to 177.7 million. The third quarter of 2008 was the first time when notebook PC shipments exceeded desktops, with 38.6 million units versus 38.5 million units Computer manufacturers do not have a lot to look forward to in the next five years. Despite growing consumer demand for PCs, industry profits continue to fall because of intense price competition. To boost profits, manufacturers are shifting their focus away from consumer PC sales to more enterprise-oriented offerings, such as servers. The proliferation of cloud computing will prompt companies to increase their server investments.

Products & Services
|  | Product/Services|
| Portables|
| Desktops|
| Servers|

Key Industry Statistics
Key Industry Figures| 2009|  |
Industry Revenue| *48,449.8| $Mil|
Revenue Growth| *-2.4| %|
Industry Gross Product| *5,247.6| $Mil|
Number of Establishments| *436| Units|
Number of Enterprises| *468| Units|
Employment| *31,277| Units|
Exports| *7,133.1| $Mil|
Imports| *38,100.7| $Mil|
Total Wages| *1,807.7| $Mil|

Lenovo Group Limited is a Chinese-based multinational computer technology corporation that develops, manufactures and markets desktops and notebook personal computers, workstations, servers, storage drives, IT management software, and related services. Incorporated as Legend in Hong Kong in 1988, Lenovo's principal operations are currently located in Beijing, China, Morrisville, North Carolina in the United States, and Singapore, with research centers in those locations, as well as Shanghai, Shenzhen, Xiamen, and Chengdu in China, and Yamato in Kanagawa Prefecture, Japan. Lenovo acquired the former IBM PC Company Division, which marketed the ThinkPad line of notebook PCs, in 2005 for approximately $1.75 billion. In 2009, Lenovo was the fourth largest vendor of personal computers in the world. The company is the largest seller of PCs in China, with a 28.6% share of the China market, according to research firm IDC in July, 2009. It reported annual sales of $14.9 billion for the fiscal year ending 2008/2009. Lenovo markets its products directly to consumers, small to medium size businesses, and large enterprises, as well as through online sales, company-owned stores (in China only), chain retailers, and major technology distributors and vendors.

Lenovo strives to be a new world company that makes award-winning PCs for our customers. We operate as a company uninhibited by walls or organizational structures using world sourcing to harness the power of innovation across our global team. We design...
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