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March 12, 2011

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Lenovo's tablet out next week

LENOVO Group Ltd will launch its tablet computer in the domestic market next week to compete with Apple Inc's iPad, China's No. 1 personal computer maker said yesterday.

Lenovo will start online sales of its LePad tablet computer next Wednesday from its authorized online store on Taobao.com, China's biggest retail website.

LePad, which was displayed at several overseas electronics shows recently, features a 10.1-inch display with a high resolution, Google's Android system and a front-facing camera for video calls.

LePad, which is expected to debut overseas in June, will cost US$520, media reported recently.

But Lenovo declined to reveal details about pricing and said it was still "in discussion" internally, the company told Shanghai Daily yesterday.

Lenovo's final price decision will be influenced by Apple's surprise price cut on its original iPad models after it launched the iPad 2 in the United States last week, industry insiders said.

Apple slashed prices last week, when the iPad began selling for US$399, compared with the previous US$499. But the original iPad does not have a camera.

The iPad 2, with both front and back cameras, costs US$499 as a starting price for a 16GB Wi-Fi-only model.

Apple has sold 15 million iPad devices globally, with a 90 percent share in the new tablet market segment.

Beijing-based Lenovo is now the world's No. 4 PC vendor, behind Hewlett-Packard, Dell and Acer.

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