DV Hardware - bringing you the hottest news about processors, graphics cards, Intel, AMD, NVIDIA, hardware and technology!
   Home | News submit | News Archives | Reviews | Articles | Howto's | Advertise
DarkVision Hardware - Daily tech news
June 7, 2020 
Main Menu
News archives

Who's Online
There are currently 64 people online.


Latest Reviews
Ewin Racing Flash gaming chair
Arctic BioniX F120 and F140 fans
Jaybird Freedom 2 wireless sport headphones
Ewin Racing Champion gaming chair
Zowie P-TF Rough mousepad
Zowie FK mouse
BitFenix Ronin case
Ozone Rage ST headset

Follow us

Lenovo sacrificing income for marketshare

Posted on Saturday, August 21 2010 @ 10:35:06 CEST by

Bright Side of News reports Lenovo seems to be trading income for higher marketshare:
Lenovo Group increased marketing dollars and offered cheaper product during their first quarter. The result: China’s largest personal computer manufacturer’s net income April - June was only $54.9 million, disappointing analysts, who’d expected $4.9 million more. Truth to be told, during the same period last year, Lenovo was $16 million in red.

The company did not release overall revenue figures, though.

Trying to gain customers in emerging markets, Lenovo is producing low-priced products. Trying to increase mobile phone sales, they are spending more on marketing efforts. The company is sacrificing a bird in the hand for two in the bush – trading current profits to acquire future market share. Their stock , like their revenue, has gone down this year as they bet on future profitability.



DV Hardware - Privacy statement
All logos and trademarks are property of their respective owner.
The comments are property of their posters, all the rest © 2002-2019 DM Media Group bvba