Millennium Post

China’s Lenovo bets big on India, launches Yoga 3 pro

Betting big on the tablet segment, Chinese technology giant Lenovo on Wednesday said it will launch a slew of products in the coming months as it looks to expand its share in the Indian market.

Lenovo, which ranks fourth in the tablet market here, said it has about 10 per cent of the market share (in terms of sales as per research firm GfK).

“We believe the market will grow further. Be it commercial, like the education and BFSI segment or consumers, tablets will continue to do well,” Lenovo India Director, Tablet Business Unit, Rohit Midha said. He declined to comment, however, on the market share the company is targeting.

“We will launch new devices across the price range and form factors that appeal to customers. We are showing the products that we displayed at the CES in Las Vegas this year and we will bring them to Indian customers as well,” he said.

According to research firm IDC, vendors shipped a total of 0.96 million units of tablets, posting a quarter-on-quarter growth of 3.6 per cent in the October-December 2014 period.

Domestic firm iBall led the market with 15.6 per cent share.
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