Lenovo expects convertible PCs to overtake tablets - berryhalseara
Lenovo's CEO said Thursday that helium expects the market will gradually move away from entertainment-convergent tablets in favor for convertible PCs, which he said can strike a balance between the functions of touch-based tablets and the productivity of a laptop computer.
"From our competitor's Recent net income announcement, you give the sack find that the emotional attachment to tablets has gone weak," said Lenovo Chief executive officer Yang Yuanqing in a Thursday conference call.
Piece he did not name the specific company, Yang appeared to be referring to Apple and how information technology sold 14 billion iPads in the final stage quarter, a figure well below Wall Street's projections.
During the quarter, Apple also saw its tablet market dea dropto 50.4 percent, according to research unwavering IDC. Simply Orchard apple tree's iPad sales are expected to pick astir with the release of the iPad Mini and the fourth-generation iPad, IDC added.
Lenovo's CEO, however, questioned whether consumers would remain buying tablets. In another patent reference to Apple, Yang said hoi polloi would think seriously astir buying a tablet from an overpriced brand with less innovation than before when they could buy a more than effective convertible PC.
"I think the market will become more realistic in the hereafter," he added.
With the arrival of Microsoft's touchscreen-informal Windows 8, Lenovo is launching deuce convertibles nether its IdeaPad Yoga fellowship and the devices work Eastern Samoa laptop/pad of paper hybrids. "I still believe the Yoga type of convertible is more usable, more exploiter-friendly," Yang said. "Definitely that's the meliorate product. That testament be the future of the PC."
Simply at to the lowest degree in the short-terminus, PC convertibles are expected to be priced higher than tablets, according to analysts. Lenovo's IdeaPad Yoga 13 starts at $999.
Outside the PC market, Lenovo is seeing success selling smartphones in its home market of Chinaware. The society sold 7 million smartphones in the previous quarter, with its market share in China arrival second grade behind Samsung, according to enquiry strong Canalys.
Last quarter, Lenovo began launching smartphones in the emerging markets of India, Indonesia, Philippines and Vietnam. After expanding into nascent markets, Lenovo will so move connected to trade handsets in mature market including the U.S. and European Economic Community, Yang same.
Yang celebrated that its smartphone business in China has however to make a net income. "Our strategy is to achieve a critical share first, then drive gainful outgrowth," atomic number 2 same. "I believe in just few quarters, (Lenovo's) smartphone business in China will also reach that stage."
Source: https://www.pcworld.com/article/455589/lenovo-expects-convertible-pcs-to-overtake-tablets.html
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