Sluggish demand in America and Europe has hit Lenovo hard. Its sales in those markets fell by 17% in the most recent quarter compared with the same period last year. By contrast, Lenovo powered ahead in its home market. It shipped 15% more PCs than it did a year ago in mainland China, which accounted for 48% of its sales.Interesting! I wonder whether China's economy as a whole is recovering or whether it is especially the computer business.
Thursday, August 20, 2009
China is catching up on PCs?
The Economist reports:
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