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Lenovo has joined hands with Microsoft since May 2009 on questions caused by the launch of Windows 7. Lenovo has been expecting that customers can well use IT equipment, said the vice president. The release of Windows 7 will bring all-new experience to PC users.
Taking opportunities arising from the release of Windows 7, Lenovo will continue its harmonious cooperation with Microsoft. It will share more information about Windows 7 with users via eCare network service platform and Windows network supporting zone.
The vice president also introduced Lenovo's overall service system for Windows 7 PC users, offering professional guidance for Windows 7 application. The company has well prepared for the release the product.
Lenovo captures a 30% share of the Chinese mainland notebook computer market, according to a latest data report released by market research firm DRAMeXchange.
Following Lenovo were Dell Inc. (NASDAQ: DELL), 15%; Hewlett-Packard Development Company, 13%; Taiwan-based ASUSTtek Computer Inc., 10%; Japanese computer company Sony Corporation, 6%; and Shanghai-headquartered Acer Inc., 5%.
Lenovo is speeding up its pace to make up deficits and become profitable, Xu Guangming, senior director of the leading PC maker's Association of Southeast Asian Nation (ASEAN) region, disclosed in September 2009, saying that its strategy is copying domestic business mode in the emerging market.
The PC maker saw it loss attributable to equity holders for the three months ended June 30, 2009 reach USD 16 million, narrowing down from the net loss of USD 264 million in the previous fiscal quarter.
Basic loss per share and diluted loss per share both stood at USD 0.18, according its financial results for the first quarter of the fiscal year 2009/2010.
Excluding regrouping expenses and one-off items, operating profit leapt to USD 16 million, compared with the loss of USD 76 million in the prior quarter. Pre-tax income touched USD 322,000, compared with the loss of USD 81 million in the previous quarter. Consolidated sales totaled USD 3.5 billion, dropping 17.9% year on year. Gross profit fell 37% year on year and gross margin was 11%.
By June 30, 2009, the PC maker had had net cash reserves of USD 1.4 billion.
Source: www.hexun.com (October 14, 2009)
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