Yesterday, Lenovo Group (00992.HK) listed on the Hong Kong Stock Exchange suddenly suspended, and the statement will issue a notice of sensitive information on disclosing stock prices. Lenovo gently, causing the market unlimited imagination: Will it become a reality?
Stripping and focus
According to reports, IBM's personal computer business accounts for about 10% of its total sales, but profits are very limited, and the company's earnings contribution rate is less than 1%. IBM wants to sell the news of its personal computer (PC) department, there is a commentary thinking is wise.
Compared to IBM, Asian PC manufacturers such as Lenovo may have further developed with a low cost strategy. Lenovo is already the first brand of China's PC, occupying nearly one-third of the share.
In the past three years, the development strategy of Lenovo has been repeatedly frustrated. The company's high-level himself recognizes that the complexity of diversified development is insufficient, affecting the competitiveness of core business. The core business of Lenovo is undoubtedly in the field of PC and its related fields. Some studies have pointed out that Lenovo has begun to implement business contraction this year, and there are two PCs and mobile phones. This attitude, Lenovo's Yang Yuanqing is induced by the word "focus", and he said at the third quarter of the Lenovo Group 2004, the company has made meticulous division of existing business, which will focus on development. It is very good at Strong competitive PCs and related products, while having a lot of mobile communication equipment services with many existing services.
Lenovo's international card
At present, China's PC market has occupied one-third. It has IT industry insiders that this is already a quite good result, to continue to expand, I am afraid that the difficulty is relatively large. At the same time, the current market has been distinguished to a certain extent, and Lenovo has been released in the 04-05 medium-term performance report, the company is actively expanding the low-end market, developing towns and villages personal computer users.
This may form the intrinsic cause of Lenovo Internationalization Strategy. In November this year, at the Hong Kong Performance Report Association, Lenovo President Yang Yuanqing avoided specific questions on the acquisition of IBM subsidiaries, but said that "internationalization is always a goal of Lenovo."
Borrowing IBM, enabling Lenovo International to a certain extent.
What will IBM bring?
Some people have the current influence of IBM in the global PC market and Lenovo in mainland China, the share of the Asia-Pacific region, once Lenovo really takes over IBM's PC business, the title of the world's third largest PC supplier will fall to the Lenovo Group .
However, relevant analysis points out that Lenovo lacks experience in the enterprise PC and China, it is estimated that some large enterprises will reconsider whether to use Lenovo as their core technology suppliers, so that Dell and HP have been multiplied; at the same time, the acquisition requires 10 to 20 Billion dollarship funds, do you have enough payment capabilities?
However, some studies believe that no matter what the association will acquire IBM's PC business, IBM's brand effect has very positive significance for Lenovo, and IBM will also benefit from Lenovo in the management concept. .
Lenovo currently has no remarks that exceed "will disclose sensitive information", the market has a variety of sayings. There is news that Lenovo will acquire IBM's "Great Wall International (IIPC)" company in China, and some people think that IBM will sell all PC business, otherwise there is not much sense for itself, and there is such a striking statement: Lenovo will PC business with Foxcon jointly won the IBM.
