Consumer Electronics
Lenovo: The Luck Of Staying Out Of The US (HPQ)(DELL)
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Lenovo, one of the two large Asian PC companies with Acer, will report earnings that are likely to double for the latest reported quarter. That probably won’t happen at HP (HPQ) or Dell (DELL). Lenovo has been pushing to get into the big US market, but the domestic computer companies still have almost all of the market share here.
How fortunate for Lenovo that it has failed to get very far into America. PC sales here are stagnating because of a slow economy and modest corporate IT outlays. In the meantime, sales for similar products in Asia are booming. Lenovo is the No1. PC company in China based on market share.
Lenovo did not get what it wanted when it failed to crack the US market. What it did get was lucky.
Douglas A. McIntyre
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