Threat of PC Sales Decline No Fret to Lenovo - Research Report on Lenovo Group Limited

Threat of PC Sales Decline No Fret to Lenovo - Research Report on Lenovo Group

With the invasion of smartphones and tablets, PCs might soon become obsolete;
but Lenovo Group Ltd Lenovo Group Limited is taking action

PR Newswire

NEW YORK, January 24, 2013

NEW YORK, January 24, 2013 /PRNewswire/ --

Along with the launch of Windows 8, new generations of computers, laptops, and
tablets that are optimized for this OS are also being introduced. Lenovo (OTC:
LNVGY) [Full Research Report]^[^1^], a Hong Kong based US$21 billion personal
technology company and the world's second-largest PC vendor, just announced
their latest products, the IdeaCentre Horizon Table PC, a 27-inch
interpersonal PC touch tablet, and a large 39-inch wide-screen Table PC,
codenamed "Gamma," at the 2013 International Consumer Electronics Show.

The IdeaCentre Horizon is a Windows 8-optimized tablet, which is a multi-user
device intended to create a "shared computing experience." This 17-pound
tablet could be placed horizontally and supports multi-touch at ten points. It
can be conventionally used as a Windows 8 desktop but will automatically
present an exclusive Aura interface when placed horizontally, thus allowing
multi-users to play games and study, perfect for the whole family or a group
of friends.

Gamma, on the other hand, is still an early concept. It illustrates the
outstanding multi-user entertainment experiences that a large screen can
provide and is indicative of Lenovo's future direction in Table PC computing.

"We've seen technology shifts across the four screens, from the desktop to the
laptop, tablet, and smartphone, and yet, while people have more computing
power than ever before, there is still room for technologies like Horizon that
bring people together. Horizon makes personal computing interpersonal
computing with shared, collaborative experiences among several people," said
Peter Hortensius, president of the Product Group of Lenovo. "Now many people
can enjoy different photos, music, and video on the same screen, and they can
play games with our special accessories that blend physical and digital
interaction. Horizon reflects our commitment to delivering the innovative
products that define the PC Plus era."

Lenovo CEO, Yang Yuanqing, said that these innovations made by the company
allow it to see favorable increase in market shares. In the last quarter of
2012, there has been a decline in PC sales due to the continuing influx of
tablets and smartphones. The decline is also due to the fact that there are
very seldom PCs that can run on Windows 8 OS. Considering all these factors,
Lenovo is outwardly prepared for this change, thus the IdeaCentre Horizon and
the Gamma. "Now we are nurturing new areas including smartphones and tablets,"
Yang said. "We have focused on this change for many years. We have prepared
for this trend." While all the other producers develop their products to be
more personal, Lenovo takes the opposite route, to bring people together.

Reference Links:

^[^1^]The Full Research Report on Lenovo Group Limited - including full
detailed breakdown, analyst ratings and price targets - is available to
download free of charge at:

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