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March 30, 2011

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Lenovo targets to sell 1m LePads


LENOVO Group Ltd targets to sell 1 million of its LePad tablet computers in the domestic market by the end of this year through leading electronics retailers.

Lenovo, China's biggest personal computer maker, officially launched LePad on Monday night, which made it the latest computer maker to jump into an increasingly crowded market which includes rivals Apple Inc, Motorola Mobility, Research in Motion, Samsung and Hewlett-Packard Inc.

"It's a new start for Lenovo to penetrate the huge mobile Internet market in China," Chen Xudong, Lenovo China's general manager, said yesterday during a signing ceremony with electronics retailer Hisap.

Lenovo and Hisap said in Shanghai that LePad would be sold in 100 Hisap stores nationwide this year, targeting sales of 100,000 units. In other cities including Beijing, Lenovo also signed deals with Gome and Suning, the country's top two electronics retailers, to sell LePad nationwide.

Lenovo, the world's No. 4 PC maker, showcased LePad in January in the United States.

The LePad comes in four versions, with the 16-gigabyte Wi-Fi model starting at 3,499 yuan (US$533). A 16GB 3G model with cellular connectivity starts at 4,599 yuan.

It has a 10.1-inch screen, camera, runs on Google's Android system, and features pre-installed games like Angry Birds and Plants vs Zombies.

Apple's iPad 2, which debuted in the US three weeks ago, starts at US$499. It will sell in Hong Kong in April.

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