Liu will remain chairman of Lenovo's board of Directors

Source: Internet
Author: User
Keywords Board continue and Liu will
May 27 Afternoon news, Lenovo (00992) chief executive of the CEO, Yang said in a performance briefing today, confident that Le phone sales in China more than the Apple iphone, board chairman Liu will remain in office. "Our goal is to defeat the iphone, so we are confident that we have more sales in China than the iphone," chief executive Yang said in an afternoon performance meeting. "About Lok phone to open the market, so the problem of low pricing," said Yang Smile: "The price is low, consumers will not think our price is low." He said the company's strategic focus on Lok phone is to open up new and mature markets and expand rapidly, so pricing is also a part of the strategy.  A certain percentage of the market will pay attention to profitability. Lenovo also revealed in its performance meeting that the future strategy is to "defend China's business and attack emerging markets". Yang explained that the Chinese market is growing fast and the momentum will be maintained. In the past, Lenovo in other market development has not been in place, so to carry out "offensive." But he also stressed: "We do not have a strong desire to develop overseas, so there is no acquisition target."  "Future investments are mainly for consumer and SME growth." Mr Liu, the chairman of the board, has been back for a year, saying: "The company's management team doesn't hate me, so I should stay in the position." He said he would wait for the company's train to go on a high-speed track.  He said that the company's leadership team is responsible and technically strong, so it is confident of future operations. Lenovo's capital spending this year will grow by 20 million to 30 million dollars slightly from last year. (Yuet from Hong Kong)
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