Lenovo's net interest rate to rise for the next three years is not ruled out overseas acquisitions

Phoenix Technology News November 8, Lenovo announced its second-quarter results, with revenue of 9.77 billion U.S. dollars, a 12.7% increase from the same period last year, net profit of 214 million U.S. dollars, up 31.4% from the same period last year. At present, Lenovo's PC share ranks first in the world. Lenovo's next step is a lot of people concerned about the problem, in the PC continuously depressed market environment, Lenovo's vitality how long? Yang, President and CEO of Lenovo Group, was confident that he would become a leader in future smart devices, aggressively expanding overseas markets and not excluding acquisitions of overseas companies to expand its business. The PC market will resume growth next year the latest data show that global PC shipments have fallen for the sixth consecutive quarter. Lenovo's market share in the quarter reached 17.6%, a 0.5% higher than HP, further consolidating its lead; Dell ranked third, with a market share of 11.1%. In the global PC market slump, Yang gave an upbeat outlook, saying the PC market will resume growth by the second half of next year, with confidence coming from the rapid growth of the enterprise-class market, including the continued expansion of the Chinese market, and Lenovo's continuing to innovate and continue to plough the PC market. "The U.S. PC market saturation is close to 90%, and China is currently less than 30%, the future PC market will be very promising." "said Yang. On the impact of tablets on PCs, Yang said that the growth in the tablet market would not affect the PC market, according to survey data from some developed countries, and said that the rapid development of tablets was over and that the future would enter a period of steady growth. Smartphone business continues to expand overseas market 2009, the trend of smartphones replacing traditional PC terminals is becoming more and more obvious, Lenovo realizes the urgency of transition to mobile intelligent terminal, and in the same year repurchase Lenovo Group Mobile, Lenovo Group's transformation strategy has been officially launched. 4 years, Lenovo smartphone shipments have reached 11.3 million, but 90% sales are in the domestic market, in the global market, Lenovo mobile phone distance between Apple, Samsung, and so there is a huge gap, not only the scale gap, as well as high school low-end differences. "Expanding overseas markets is Lenovo's mobile phone must break through." "said Yang. Today, he says, the number of smartphones in China accounts for 35% of the world's total. But with the further popularity of smartphones, the future of this number will not be so high, until that time, is the global smartphone manufacturers truly competition, Lenovo for overseas market expansion has detailed planning and construction, at present in the market, channels, Technology and so on are in intensive implementation. Overseas, there will be the first patent restrictions, and not long ago Apple and Microsoft sued Samsung, HTC infringement patent. Patents are the problems that Lenovo must face in expanding overseas markets. Acquisitions may be the best way for Lenovo to move overseas. Lenovo has been a 4.7 billion-dollar acquisition of BlackBerry News, Yang said, Lenovo mobile phone business first to break the scale, to enter overseas, and then break the high-end mobile phone market, the eyesThe former does not rule out acquiring more resources, including patents, through mergers and acquisitions, and is ready to expand overseas markets. In addition, he said, for the current claim that the Canadian government to obstruct the acquisition of the news is untrue, we do not receive any regulatory authorities and the government to block, but Lenovo will not buy for acquisitions, the early stage will be fully prepared. Lenovo's three-year net interest rate to rise 1% 10 years ago, Lenovo successfully merged IBM, clear PC strategy, 10 years later, Lenovo deepened PC strategy, from the desktop Internet into mobile internet. "Net interest rates rise by 1% over the next three years, with the biggest contribution to PC performance at the moment, and more emphasis on growth for emerging business associations." Yang revealed. Lenovo PC era, including mobile internet and digital Home (MIDH) products, including smartphones, smart television, and most of the group's tablet business, from the same period last year accounted for 8% of total turnover rose to the current quarter of 15%, and only 4% two years ago. According to the data, Lenovo's PC and Tablet PCs are ranked second in the world as the world's third-largest intelligent terminal manufacturer. Lenovo's continued robust growth in China's smartphone market rose 64% per cent year-on-year. At the same time, Lenovo's global Tablet PC sales hit a record high to 2.3 million, an increase of 4.2 times times year-on-year. "We're not only the world's top PC, but smartphones and tablets are growing fast," he said. At the same time, our turnover and profits are at record highs. "he said confidently.