Lenovo Eyes Acquisitions In Growth, Expansion Drive

Summary: Lenovo, not content with its soon-to-be number one spot in the PC making business, wants to maintain its market dominance by considering acquisitions to push into new areas -- like mobile devices.

Lenovo is seeking purchase possibilities and buy-outs in order to flourish its cell phone departments, its us president informed Bloomberg in a phone appointment.

"Any area which is constant with our technique where we are poor, we would like to consider products," said Lenovo's  Yuanqing.

Once PC shipping numbers results for Aug are launched later this 30 days, Lenovo will likely be crowned the greatest manufacturer of PCs, overpowering components leaders such as Dell and HP, who keep decrease in international business.

With PC developing categorized, Lenovo is looking for the next big thing -- and it's been gazing it in the experience all along. When you can't spend, buy and breeze up. That's exactly what it did with IBM's PC developing system which, so far at least, has worked out the company fairly well.

Lenovo leapfrogged Apple company in the three months finishing May for the second place in smart phone sales in Chinese suppliers. The China-based computer massive said it will present 40 cell phone gadgets -- function mobile phones and mobile mobile phones -- from Apr 2013.

Some organizations use just one design to protect all the cost artists and client sections,"  said, apparently searching at Apple company. Taking a foliage out of The lenders way of thinking: "We will have several designs to protect different cost artists. We will have a much broader, broader product profile."

"Our growth pattern will be much quicker than our opponents."

The company's next trend of mergers and products will likely take aim at cell phone gadgets -- such as mobile mobile phones and pills -- and Internet TVs, as the company is constantly on the create and develop both locally and worldwide.

While PCs will stay at the center of Lenovo's business for years, one of the primary reasons why HP and Dell did not sustain their major place was their poor efforts at linking the cellular split at the beginning of the post-PC era.
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