Lenovo has been the fastest growing major PC company for more than 3 years, but we’re much more than a PC company. We create a full range of personal technology, including smartphones, tablets and smart TVs. We’re the second largest smartphone company in China, and we’ve expanded to India, Indonesia, Russia, Vietnam and the Philippines. And we’re already #3 in the world in what IDC calls “Smart Connected Devices,” which combines PCs, smartphones and tablets.
It’s all part of what we call the “PC+” world, where people use PCs as well as a range of smart devices that are, at their heart, PCs. In this PC+ era, a singular focus on outpacing the competition in terms of market share, profit, ranking, etc. is not enough. To be a truly innovative company, we will create new categories of products that enhance the customer experience and differentiate us from the competition. Finding the right balance between these two forces is what we strive to do on a daily basis.
Lenovo’s end-to-end business model for vertical integration leverages owned manufacturing capabilities for greater control over both product development and supply chain operations. This model is unique among major PC makers and is a significant source of competitive advantage, helping us to bring more innovation to market, more efficiently, and aggressively attack the PC+ opportunity.
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