Lenovo’s business strategy has witnessed a massive transformation over the past seven years. Surpassing rivals Dell and Acer‚ Lenovo became the world’s second largest pc vendor behind Hewlett Packard in its fiscal year of 2011. Recently‚ new target market segmentations have been established to endure this rapid trend of accomplishments. Lenovo’s current target markets include city customers‚ rural customers with strong brand awareness‚ customers with advanced concepts and a high level education.
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Executive summary Lenovo‚ the largest PC business in China faced the intensified competition of its own market by global level companies such as HP and Dell. In attempt to expand the market internationally‚ Lenovo made the acquisition of IBM’s PC division. Since two organizational cultures were different‚ the synergy of the merged Lenovo-IBM was required. Lenovo entitled to IBM landmark and “Think” products to move to international market and enabled to increase the market power by over night after
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Stock Code: 992 IDEAS EVERYWHERE Lenovo Group Limited Annual Report 2007/08 TM NEW WORLD. NEW THINKING. TM CONTENTS ABOUT LENOVO Lenovo (HKSE: 992) (ADR: LNVGY) develops‚ manufactures and markets high-quality‚ secure and easy-to-use technology products and services worldwide and is dedicated to building the world’s best-engineered personal computers. Formed by Lenovo Group’s acquisition of the former IBM Personal Computing Division‚ Lenovo’s heritage in both emerging and developed
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LENOVO CASE ANALYSIS Facts Surrounding the Case Competing at a global scale requires profound brand equity. Lenovo is a well-known brand in China (as Legend) but it cannot become a global technology giant like Dell or Hewlett-Packard‚ by merely acquiring the Personal Systems Division of IBM‚ whose products are popular across the world. Normally‚ the key challenge in establishing global brands lies in devising the manner in which a company can position its brands in customers’ mindsets‚ while
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Individual Research Report Title: Strategic Management of Lenovo in Mainland China PC Market [pic] Name: FIN Number: Course Enrolled: Date of Submission: Table of Contents: 1. INTRODUCTION.........................................................................................................3 1.1 BACKGORUND INFORMATION………………………………………………..3 1.2 THE OBJECTIVE(S) OF THE FINAL REPORT…………………………………3 1.3 The SCOPE OF THE FINAL REPORT…………………………………………
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Lenovo is one of the world"s largest manufacturers formed as a result of the acquisition by the Lenovo Group of the IBM Personal Computing Division. Lenovo’s business level strategies is that to differentiate their product from competitor’s products. Lenovo ues the new technology‚ unceasingly develops the new product‚ causesown commodity throughout to be at colleague’s industry leadingposition . The value Chain Model Each activity On value chain Primary activities: Inbound Logistics;
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Market Research Methods Lenovo Advertisement Analysis The Lenovo bought the IBM PC group in 2004‚ (Musil‚ 2004) then‚ they use and develop the IBM PC technology and improve their own computer quality. We can find out that the Lenovo advertisements are focus on showing the audiences the quality of the laptop. IBM is famous of its quality of product and their services. Lenovo want through the advertisement to give a message to its audiences that they can do as well as IBM did and they can be trusted
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Lenovo Reboots Contents The Chinese PC maker has bounced back by focusing on emerging markets. Now‚ can it make some real money? Listen Select: CORPORATIONS The Chinese PC maker has bounced back by focusing on emerging markets. Now‚ can it make some real money? LENOVO GROUP CHAIRMAN YANG YUANQING WAS WORKING AT the company’s North Carolina offices and spending a good deal of his time studying English and taking executive courses when his longtime mentor‚ Lenovo founder Liu Chuanzhi‚ urged
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1. Do you think Lenovo should continue to use the IBM and ThinkPad brands or focus more on establishing its own brand identity? The Lenovo name came about in 2005 when two popular PC companies‚ Legend Holdings and IBM‚ merged. Legend Holdings was the largest PC company in China‚ while IBM was well known in the United States). Once reason that IMB was popular was for their popular professional computer named the ThinkPad. The ThinkPad was known for many reasons‚ but one of the reasons
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BUSINESS DESCRIPTION Lenovo develops‚ manufactures and markets technology products and services. It is one of the leading providers of PCs.The group provides notebooks‚ desktops‚ workstations‚ servers‚ computer accessories and upgrades‚ mobile phones‚ computer software and services. It serves both enterprise and consumer markets. Lenovo has operations across Americas‚ Europe and Asia Pacific. Lenovo has organized its business operations under three geographic segments: China‚ mature markets
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