China's Lenovo creates unit for tablets, mobiles

Jan 18, 2011
The new Lenovo IdeaPad U1 computer, which can be converted from a laptop into a touch-screen tablet. Chinese computer giant Lenovo says it will create a special unit to create mobile and other Internet-connected devices, as it seeks to grab a bigger slice of the fast-growing market.

Chinese computer giant Lenovo said Tuesday it will create a special unit to create mobile and other Internet-connected devices, as it seeks to grab a bigger slice of the fast-growing market.

The new business will be based in Beijing and devoted to developing tablets, smart mobile phones and televisions as well as devices for cloud computing, said in a statement.

There is "tremendous growth potential of the mobile Internet" and the company wants to "capitalise on these opportunities to drive growth," Lenovo chief executive Yang Yuanqing said.

Liu Jun, president of Lenovo's Product Group, will head the new unit.

Lenovo, the world's fourth largest by shipments, has been pushing to diversify its business into new product types amid huge global demand for smartphones and tablet computers.

The company last year unveiled the LePhone -- its first signature product in its push into market.

And at the Consumer Electronics Show in Las Vegas earlier this month, it launched the IdeaPad U1 computer -- a laptop that can be converted into a touch-screen tablet. It also rolled out the LePad tablet.

Lenovo, which bought IBM's personal computer business in 2005, said IdeaPad U1 with LePad would be available in China by the end of March.

It will not be available in the United States until next-generation Android mobile software is available for use in the tablets.

Explore further: Why the Sony hack isn't big news in Japan

add to favorites email to friend print save as pdf

Related Stories

Lenovo 'LePad' combines tablet and laptop

Jan 05, 2011

Chinese computer colossus Lenovo has unveiled an IdeaPad computer that serves as a laptop for work tasks then converts to a touch-screen tablet for play time.

China's Lenovo to launch game console

Aug 30, 2010

China's IT giant Lenovo has said it will launch a video games console this year to vie with Nintendo's Wii, Microsoft's XBox 360 and Sony's PlayStation 3 in the booming motion-gaming market.

Lenovo buying back mobile phone business

Nov 27, 2009

(AP) -- Personal computer maker Lenovo Group said Friday it is joining the race to develop products that link phones and PCs by buying back a mobile phone business that it sold last year.

Lenovo says business will focus on mobile Internet

Mar 12, 2010

(AP) -- Lenovo Group expects wireless Internet products to account for up to 80 percent of its sales within five years as it pursues expansion in faster-growing emerging markets, CEO Yang Yuanqing said Friday.

PC maker Lenovo's quarterly profit up 45 percent

Nov 10, 2010

(AP) -- Lenovo Group, the world's fourth-largest personal computer maker, said Wednesday its latest quarterly profit rose 45 percent on strong sales in China and other emerging markets.

Lenovo reports losses as sales plummet (Update)

May 21, 2009

China's Lenovo, the world's fourth largest maker of personal computers, Thursday reported a net loss of 226.4 million US dollars in the 2008-09 fiscal year citing structural changes and weak sales.

Recommended for you

China's Xiaomi raises more than $1 bn in funding

21 hours ago

China's top smartphone seller Xiaomi Corp. is raising more than $1 billion in a fresh round of funding, a move which would raise its valuation above $45 billion, a report said Sunday.

Why the Sony hack isn't big news in Japan

Dec 20, 2014

Japan's biggest newspaper, Yomiuri Shimbun, featured a story about Sony Corp. on its website Friday. It wasn't about hacking. It was about the company's struggling tablet business.

Sony faces 4th ex-employee lawsuit over hack

Dec 20, 2014

A former director of technology for Sony Pictures Entertainment has sued the company over the data breach that resulted in the online posting of his private financial and personal information.

Sony tells AFP it still plans movie release

Dec 20, 2014

Sony Pictures boss Michael Lynton denied Friday the Hollywood studio has "caved" by canceling the release of "The Interview," and said it still hoped to release the controversial film.

2012 movie massacre hung over 'Interview' decision

Dec 19, 2014

When a group claiming credit for the hacking of Sony Pictures Entertainment threated violence against theaters showing "The Interview" earlier this week, the fate of the movie's big-screen life was all but ...

User comments : 0

Please sign in to add a comment. Registration is free, and takes less than a minute. Read more

Click here to reset your password.
Sign in to get notified via email when new comments are made.