Lenovo says it will soon start selling a $199 PC in rural China:
Lenovo's announcement follows rival Dell Inc.'s bid to boost its presence in China's booming market with the unveiling in March of a low-cost personal computer meant for novice Chinese users.
Beijing-based Lenovo, which acquired IBM Corp.'s PC division in 2005, is expanding abroad but is eager to maintain its dominance in China, where research firm Gartner Inc. says PC sales grew by 23 percent last quarter.
"Our focus is to get down to the rural market," said company spokesman Jay Chen.
The new Lenovo unit will include a processor and a keyboard and will use a buyer's television set as a monitor, Chen said. He said he had no details on the processor size or other features. The new PC goes on sale later this year at prices of 1,499 to 2,999 yuan ($199-$399), Chen said.