Industry Information Station

August 2, 2007 News Lenovo Group again with a stunning price to China’s rural computer. Today, Lenovo announced the launch of the majority of farmers special tailor-made rural computer, minimum costs just $ 1499, there was $ 1999, $ 2,499 and $ 2,999 products of three different price points.

Updated picture, and another more detailed reports and configuration table.

Three years ago, Lenovo Group United for the first time AMD launched the dream program for rural markets, lowest price PC for $ 2,999. Three years after, Meng II computers remained of AMD processors, but price down 1 time. Only 1499 Yuan computer configuration does not include computer hard drives and monitors, is a 2G of the CF card, through a hand-the keyboard TV use. By Lenovo Group to farmers developing application software, you can implement simple functionality such as online, watch movies.

Three other types of computers used in all spheres, monitor, new computer operating system for the LINUX operating system, some installs a simplified edition of Microsoft Windows XP operating system. This also enables rural users do not have to install pirated operating system.

Intel isn’t legend dream plan, but of a computer configured with Intel processors, configured as a 15-inch LCD monitor, the price at $ 3,499.

Construction of 5,000 rural distribution sales low price computer

New super low price of Lenovo computers, Lenovo Group Senior Vice President for greater China Chen Shaopeng says, in order to further expand rural market share, Lenovo will build about 5,000 rural distribution points.

After Lenovo Group stores around the country about 5,000 or so, increased rural sales points, would further expand rural six levels down the market. At the same time, Chen Shaopeng says Lenovo after-sales service will promptly follow up after-sales service covers to 10.3 million administrative villages. At the same time, Lenovo 2000 town information kiosks will also be developed, providing training services to farmers.

Chen Shaopeng says, since its associative dream plan, has so far has 4 million users were using County town Lenovo computer, Lenovo also take this won two times the market average growth rate of growth, achieved level 4-6 the absolute leading position in the market.

Chen Shaopeng rural market is expected to bring a new growth market for Lenovo, in millions of levels. Chen Shaopeng sell low price computer did not indicate whether a profit, he said: “within a short period, we input into the market is right, our revenue to support our operations with partners. In the long run, our profit is very optimistic. “(Zhang Jingke)

Lenovo rural computer price list

Price

$ 1499

1999

$ 2,499

$ 2,999

CPU

AMD LX800

AMD LX800

S64 3200+ S64

S64 3200+

The hard drive

2G CF card

2G CF card

80G

80G

Memory

256M

256M

256M

512M

The optical drive

No

No

DVD

DVD

The monitor

No

15CRT

15CRT

17CRT

The operating system

Lite Windows XP

Lite Windows XP

DOS

DOS

News source: NetEase technology reports

Following the Lenovo in Hong Kong launched Thinkpad “students machine” notebook Hou, yesterday Lenovo in mainland started has “notebook University plans”, while launched has for mainland University students of Lenovo “students machine” specials notebook, its price more market price has huge range of offers, but service quality keep does not variable. as “notebook University plans” of promotion, Lenovo “students machine” looking in more of University in the get application, while in later when Thinkpad series also is expected to joined to mainland ” Student machine “.

Yesterday afternoon in vocational and technical college to build a notebook in the legend–Qingdao flying Ocean University cooperation agreement signing ceremony, Lenovo unveiled for the first time its ambitious “notebook University” plan, and launched one of the first universities on the mainland market, “student” notebook. as a partner, technical college of Qingdao flying Ocean got Lenovo 1000 television special “student”.

But just starting the scheme, Lenovo released temporarily inconvenient specific special prices. but insiders, as plan promotion, cooperation of University procurement increasing number of notebooks, Lenovo introduced in mainland “student” preference margins will and Hong Kong universities are quite even greater.

Lenovo Group Deputy President and large China area large customer business General Manager Tong Fuyao also revealed, apart from currently launched of four paragraph special Zhaoyang “students machine” notebook outside, future Lenovo also will inputs more of models for University select. While is concern of Thinkpad series also will will in future debut. but needs pointed out that of is, currently the plans only for cooperation University, and needs has strictly of review, case “students machine” inflow retail market.

The Association launched the “student” model are as follows:

Zhaoyang E390 (new arrival)

· Zhaoyang E680

· Zhaoyang E290

· Zhaoyang E280

Source: doNews
cnblue.cn

Lenovo on Tuesday released its IBM PC business since 2005, mergers and acquisitions since the first Think-branded products.
These two products for the ThinkStation S10 ThinkStation D10, mainly for the oil and gas exploration, computer-aided design (CAD) and digital content creation and other industry professionals.
ThinkStation S10 and D10 are based on Intel processors, which is scheduled for January next year listed, respectively, at $ 1199 and 1739 m.

In response, the Chief Analyst of the Enderle Group Rob Enderle says: “Lenovo’s move is to get rid of the umbrella of IBM, seeking to build their brand.”

Association CEO weilian·ameiliao said recently, Lenovo will advance two years from IBM brand to Lenvo (Lenovo) brand of transition.

According to Lenovo and IBM reached a merger agreement, mergers and acquisitions after the IBM PC business, Lenovo can continue to use the IBM brand for five years. Mr Amelio said recently, Lenovo will completely abandon IBM brand two years earlier.

In addition, Lenovo but also the help of the 2008 Beijing Olympics and other high-level events to promote their own brands.

Thank gzm55 for the report.
Association of IT enterprises of China’s largest and world’s biggest IT company IBM joint venture, the new company’s PC business will exceed 5 million units, far ahead of HP and Dell. Reporters yesterday was informed that the two sides had reached a cooperation intention, but has not yet been formally made public message, while Lenovo computer Division staff is excited for this message.

Yesterday, although Lenovo Group of promoters and enterprises all staff were asked “wonder” as media interview, but top level or gently confirms this one message, “recently will have formal written content to media” says this person. According to reports, the legend of this joint venture with IBM and only computer-related business, but does not include profit not cheap IBM laptop business. As early as June this year, there is news of Lenovo acquired IBM great wall International shares held. But later, due to the intervention of Foxconn twists and, after a few months later both sides return to the negotiating table and quickly agreed. Following media speculation that incumbent legend President Yang yuanqing will take up the joint venture company, relevant but Lenovo Group said there is no conclusion.

The industry believes, like the incredible “TCL+ Thomson” model “Association +IBM” model will enable Lenovo to revive the treasures in the computer industry, only IBM OEM orders increase would suggest sales of over 20 billion yuan. (Wei Zongkai)

–Reprinted from the Shanghai morning post (November 10, 2004)

Recent industry’s hot rumor than a takeover message: big blue sold its PC and notebook business regardless, most potential buyers is the leading Lenovo of China IT industry group. Perhaps than Dell, Toshiba, Apple, Lenovo’s cost control and technical level are not leading, but who can imagine that IBM’s technological level and influence in the industry coupled with Lenovo’s PC, notebook market powerful channels of cooperation will give the industry how much lethality of it? Wait and at the same time, our only question is this: Lenovo, are you ready yet?

Legend group was first split off from China’s many scientific research institutions of business entities. The original parent company, Chinese Academy of Sciences is the main shareholder. As one of the first Chinese companies to provide employees with stock options, Lenovo Group to create a climate of innovation, attract a large number of ambitious young people. But for a limited technology base and their own innovation reasons, Lenovo always behind the Wintel perform to SB. ‘s baton, in the first few months, Lenovo and AMD until company launched catering to low end low price computer. Therefore, strengthening technical and innovative or Lenovo’s globalization strategy which must pay attention to the link.

Data display: Lenovo ‘s cost structure is higher than some competitors, Lenovo Group today announced last quarter days inventory is 22.7, Dell’s China business inventory levels have been close to the company’s global business inventory 4th levels. Due to the cost of spare parts and falling prices of computer products, computer manufacturers in keeping low inventories have come under heavy pressure.

In addition, took over the international companies, Lenovo is ready? 3% Association of foreign business income only if we can keep the IBM original scale such as the number of customers and sales channels, in other words, Lenovo can this acquisition extent profitable? Therefore, many analysts took a conservative attitude to this acquisition, Lenovo can smooth out year Acer acquired Texas Instruments industry-like dilemma? Is it could leave to smoothly integrate IBM’s PC business?

Opportunities were prepared for prepared people, in a lot of people are also NEC acquired United States retail enterprise example to go when we just sincerely hope: Lenovo, go all the way ~~

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Personal remarks, do not represent the views

According to the Hong Kong media reports, Lenovo Group (0992) acquired IBM’s PC business transactions, there may be a national security risk and disruption. A foreign news agency quoted sources, United States Committee on foreign investment (CFIUS) Members worried Chinese sci-tech information workers use of IBM facilities for espionage, theft of technology doing national military use, there is a deal will be United States Government. It is reported that IBM is working with the United States for consultation by the Government to avoid trading rocks.

In another development, the Association will meet on Thursday (27th) held a special general meeting. Being called upon to vote on the deal to shareholders amid yesterday of outgoing purchase will abort message. Due to the stock market generally less optimistic about the transactions, so the news surge in Lenovo stock price trend 7.4%, closing at $ 2.175, l $ 0.15, the total sold for $ 208 million, 97.712 million shares in question.

Deal needed to be CFIUS approval and been allowed by the Bush administration
Reports that the CFIUS members (including the Ministry of Justice and the Ministry of land and resources) worries China Science and technology intelligence officers may use facilities of IBM in North Carolina, stealing technology for military purposes. Until the Commission approved the transactions, to avoid being a formal investigation and United States President Bush permitted.
The source said, the two sides early on December 29 last year, it has submitted documents to the Commission, seeking Commission approval. IBM currently is working with the United States Government consultations on the matter, otherwise the transaction may be abortion.
Under United States law, all foreign transactions, without approval of the Committee in the 30th, the transaction must enter the formal investigation procedure, United States President will make a decision based on its findings.

Pass: deal fell through reduced risk
In this connection, Association spokesman Li Lan has pointed out that the group will continue to co-operate with the relevant government agencies, to further comment. More market news, Lenovo is seeking $ 600 million (HK $ 4.68 billion) financing, thinking that the acquisition of US $ 500 million bridging loan to refinance balance for general operations.
Tong Chen Lijian, an analyst with the analysis, if the deal fell through, at least, can reduce the risk of Association, the impact is positive impact in the short term on Lenovo’s shares also helped. Easing but mainland due to Lenovo PC market demand, Lenovo stock prices still high even fell in long term space.

Warning: Hutchison to buy global crossing fell through
However, have analysts have questioned about this. Lenovo high price $ 1.75 billion acquisition of IBM PC business in losses and liabilities can exert much on Lenovo’s profits actually help? There are still many doubts.
Upon enquiry, CFIUS main audit foreign buyers to buy United States Enterprise transactions, by the United States 11 federal agencies, chaired by the Finance Ministry officials. The Commission also has in the past against some China-related stock buyers to acquire. Back in 2003 when, Hutchison acquired United States global crossing deal on the issue of national security risk, have not delivered the defence and the other members of the CFIUS approval, finally forced abortion.

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Article source: Sohu IT

Lenovo computer, with the United States Government’s foreign investment Board to work together to complete the acquisition of international business machines (IBM) acquisition of the personal computer sector.

Due to the acquisition amount involving us $ 1.25 billion, United States Government was concerned that the acquisition could endanger the United States interests. Since acquisitions might be interrupted after news broke, Lenovo’s shares rebounded, causes embarrassment to companies, markets had realized that acquire negative associations of business.
Lenovo’s spokesman said the acquisition is beneficial to the company’s competition for the PC, also shows that with the United States Government to cooperate fully will cooperation in international business machines.
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News source: Washington Post
Translation and arrangement: Catfish

On January 27, United States Committee on foreign investment (CFIUS) Lenovo IBM PC business merger and acquisition transactions for approval, is expected to be the 28th of this month bear fruit.

Lenovo today (27th) held a special general meeting to seek the acquisition of motion, but even if passed by the large majority shareholders, merger and acquisition plans are still to face the CFIUS review, or even conduct a formal investigation.

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Article source: CCID

According to sources, a Federal Panel will extend the review of the international business machines Corporation (International Business Machines Corp., IBM) sold its PC business to China’s Lenovo Group Limited (Lenovo Group Ltd., short name: Lenovo Group) of the transaction because the transaction could involve national security issues.

Such examination for United States Treasury yuehan·sinuo (John Snow) led by the Committee on Foreign Investment in the US (CFIUS) is relatively rare, but also to Peel set up obstacles to the efforts of its PC business of IBM. IBM and Lenovo Group last month reached an agreement to sell its PCs subsidiary for $ 1.25 billion to the latter. Markets generally believe that IBM’s move was intended to improve the company’s profitability.

IBM at the end of December last year on the deal to CFIUS had submitted a notification. Review means that a deal will die young, and the 1988 law gave United States President Bush (Bush) that right.

Previously 3 Congressional Letter to Secretary Snow, extension on the transactions reviewed, to Chinese enterprises have advanced United States technical and company assets concerned.

Through the acquisition of the sales subsidiary of IBM personal computers and ThinkPad Laptops, Lenovo Group will become the world’s third largest PC vendor, and you can get information on research and development arm of IBM personal computers.

According to Republican congressmen Don Manzullo said, the Chinese Government holds a minority stake in Lenovo Group could make United States national security problems facing. He asked the United States authorities postponed approval of Lenovo Group acquired IBM’s PC business plan.

Manzullo said in an interview, he worried that the Chinese Government would expand its stake in Lenovo, access control, followed by slashing prices to the United States competitors out of the PC market. He said that in that case, to obtain computer skills will have to resort to the Chinese company. He added that if the market is distorted, you will create security problems. After the deal was completed, Lenovo Group in the global PC sales will only first in Dell Inc (Dell Inc., DELL) and HP (Hewlett-Packard Co., HPQ).

Manzullo also noted that the contract between IBM and the Federal Government has a large number of computers. He questioned: United States what depends on a main shareholder is China Government via Government of Chinese companies? He said this will enable the United States member of Congress are very contentious.

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News source: the Wall Street Journal
Translation and arrangement: Catfish

According to United States media reports, the United States national foreign trade Council Chairman bier·laiyin effect is expected, United States Government eventually approved the Lenovo-IBM transactions. Prior to this, according to informed sources, the United States Government has on the IBM PC Division sales and China’s Lenovo group involved United States national security investigations.

Reinsch said the United States Government apparently overestimated the Lenovo IBM security problem in the transaction. He said: “Lenovo IBM trading does not involve confidential technology. In fact, PC manufacturing technology has become widely used. China itself has had this technology, so there is no so-called technology theft. “Reinsch had served as Vice-Minister of Commerce in the Clinton administration, the then head of United States high-tech exports.
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News source: the Washington Post
Translation and arrangement: Catfish