WSJA(4/4) Lenovo Says China PC Market Firming

联想集团有限公司(Lenovo Group Ltd.)首席执行长杨元庆周五表示，第四财政季度中国市场的电脑需求较上季有所上升。杨元庆不愿透露截至3月31日的3个月联想集团产品在中国市场的需求情况。杨元庆预计，公司在中国市场的销售增长将快于其他市场，中国市场在公司全球收入中所占份额也将上升。他认为近期不存在并购良机。联想集团管理人士近期多次强调对金砖四国（巴西俄罗斯印度和中国）感兴趣。杨元庆周五表示，除上述国家外，公司还对墨西哥中东土耳其等迅速成长的新兴市场有兴趣。另据新华社报导，杨元庆周五称，公司能够在几个月内在企业市场实现盈利。新华社援引杨元庆的话报导说，尽管联想集团在企业市场的市场占有率下降，但能够通过削减成本来恢复盈利。 该公司的企业产品业务主要生产个人电脑和服务器。相关阅读联想调整组织结构  以市场成熟度分割 2009-03-26联想CEO：关注新兴市场的并购机遇 2009-03-11联想将在中国农村市场销售低价电脑 2009-03-05 本文涉及股票或公司document.write (truthmeter('2009年04月04日09:51', '0992.HK'));联想集团有限公司（简称：联想集团）英文名称：Lenovo Group Ltd.总部地点：中国大陆上市地点：香港交易所股票代码：0992document.write (truthmeter('2009年04月04日09:51', 'LNVGY'));Lenovo Group Ltd. (ads)总部地点：中国大陆上市地点：美国场外交易粉单市场(Pink Sheet)股票代码：LNVGY


WSJA(4/4) Lenovo Says China PC Market Firming  (From THE WALL STREET JOURNAL ASIA) By Loretta ChaoBEIJING—Lenovo Group Ltd.'s chief executive said demand for personal computers in China, its biggest market, rose in the first three months of this year and that the company expects to see profit return in a few months.'I've seen an improvement this quarter from last quarter' in overall PC demand in China, Yang Yuanqing told a small group of reporters Friday, referring to the company's fiscal quarter through March. Market demand in China has improved compared to markets overseas in part because of a rebounding willingness by Chinese consumers to spend, aided by their government's stimulus plan, he said.Mr. Yang said Lenovo, which bought the PC business of International Business Machines Corp. in 2005, hasn't identified any suitable acquisition targets recently. 'There currently are no opportunities for mergers and acquisitions,' he said. 'Acquisitions are an important means of expansion,' he said, but buying opportunities could surface when market prices are 'more rational.'The world's fourth-largest PC maker by unit shipments, which reported a net loss of $97 million for the quarter ended Dec. 31, has struggled to keep up with global industry growth by shipments, trailing the market by an average of 3.7% for the past three years, according to IDC.It recently began implementing a major restructuring that included a reduction of 11% of its work force and a renewed focus on emerging markets like China, which currently accounts for over 40% of its revenue. Mr. Yang expects China's share of Lenovo's global revenue to grow.Separately, Mr. Yang told China's state-run Xinhua news agency Friday that the company's cost-cutting, which he estimates will save $300 million in the current fiscal year, will bring the company back to profitability.Analysts say it's too early to tell whether Lenovo's recent restructuring will work. 'It makes sense that they are combining all those emerging markets together' because those markets will have similarities, said Bryan Ma, analyst for research firm IDC in Singapore. 'The challenge is of course: is how you do something in China necessarily the same as how you do it in India or Nigeria? … It's not as easy as it sounds.'Since acquiring the IBM PC business, Lenovo has struggled to gain market share outside China, and was late to respond to demands in the consumer market, a key growth area as computer sales decelerate.Mr. Yang acknowledged that Lenovo was late to introduce cheaper PCs to consumers, but said that despite its tardiness Lenovo's IdeaPad S10 netbook occupied over a 7% share of the global netbook market as of December.-0-Copyright (c) 2009 Dow Jones & Company, Inc.