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Posted by Nagesh Polu :
NEW YORK: Lenovo Group plans to launch a tablet computer in China later this year, joining its rivals and handset vendors chasing after the success of Apple Inc's iPad.
Chief Operating Officer Rory Read said on Tuesday that the company, the world's No. 4 PC brand, will eventually sell the tablet PCs in emerging markets and then move to more developed economies.
"We'll see stuff even before the end of the calendar year, initially in China," Read told media.
A large portion of Lenovo's operations are in China, although the PC maker's headquarters are in Morrisville, North Carolina.
Lenovo plans to sell a tablet along with a "hybrid" option that comes with a separate keyboard, he said, adding that it will be priced toward the "mainstream" consumer.
Lenovo has said that the tablet PC, known internally as LePad, would run on Google Inc's Android operating system.
Read, however, said Lenovo remains focused on selling traditional laptops and desktops.
"The tablet space, you'll see it grow in terms of information consumption, but it will be a much smaller portion of the market, at least for the foreseeable future, the next 5 to 10 years," he said.
The PC maker swung back to the black in the fiscal first quarter, and research firm Gartner recently found that Lenovo had 10 percent of the global PC market in the second quarter, up from 8.2 percent a year earlier and narrowing the gap behind No. 3 player Dell, which had 12.4 percent.
"We'll introduce these new technologies. But the key for us is to continue to win in the notebook and desktop space, our bread and butter. We need to continue to extend that scale and continue to take share there," he said.
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