Lenovo sets expectations for tablet market

Lenovo Group, which can be making a concerted push into tablets, said it expects the products to view superior growth but nevertheless ultimately only make up a fraction of your broader individual personal computer market.

Rory Read, chief operating officer for Lenovo, predicted that tablets will settle in at 10% to 15% of your total Pc marketplace.

Lenovo sets expectations for tablet market

"I think it is going to fill in specifically the place netbook was. Netbook I feel has faded, it does not have that power," he stated in an interview on Friday in the Shopper Electronics Show.

Read explained he doesn't anticipate Lenovo's tablets to cannibalize its Computer sales: "We see it extra as a 3rd or fourth display; additive, like a smartphone."

The total Computer marketplace is expected to best 400 mn models this 12 months.

China-based Lenovo, the world's No. four Pc maker, has become escalating gross sales at a torrid pace. Third-quarter Computer shipments surged 33% inside third quarter, according to IDC.

The firm showed off one among the much more exceptional tablets at CES this year. The Lenovo U1 hybrid is really a laptop operating Microsoft's Windows, with a 10-inch touchscreen tablet -- which runs Google's cellular Android platform -- that pops out of the frame.

The unit will be offered in China from the initial quarter for roughly USD 1,300. The company's LePad tablet can also be marketed individually for roughly USD 500.

Go through stated the U1 is definitely an example from the form of differentiated "converged" system that Lenovo is banking on to drive development.

He mentioned the firm is concentrated on its hardware organization, and has no interest in transferring into areas such as IT services, the place rivals like Hewlett-Packard and Dell are putting substantial energy.

Lenovo moved in 2009 to reacquire the cellphone organization it had previously sold off, and it launched the LePhone smartphone a yr in the past at CES.

The system is still only out there in China, the place Study said it ranks because the No. three premium-priced smartphone.

When asked when Lenovo would start a smartphone exterior China, Read declined to supply a timeframe.

"The plan is always to get the scale very first. We think you only get 1 time to make that finest initially impression. Other gamers are rushing to deliver I assume premature engineering to marketplace."