Lenovo to launch workstations in India

New Delhi

September 12th, 2007

Lenovo is planning to launch its workstations and servers in India this year.
Speaking to CyberMedia, William J Amelio, president and CEO of the company said
that the company also plans to launch PCs priced at $199 in India. "We have
launched new touch screen PCs at $199 price model in China. We are planning to
introduce that in India also. We are investing in brand building. Our formula
sponsorship is a major hit. Next, we are aiming for Beijing Olympics. We are
moving faster than the estimated five years time in extending our brand as 'Lenovo'
and distancing from IBM," he added.

"In the last two years, we focused on four elements. First, we extended
our transactional model from China to a global market. Second, our supply chain
management is best in class outside China. Third, our desktop business inside
China is highly profitable now we are showing profitability in desktop in other
parts of the market also and the fourth element is to build a global
brand," indicated Amelio. He said the company's main objective after the
acquisition of IBM's PC business was to stabilize the business and to keep focus
on product engineering.

"We want to be the number one player. More than that, we want to define
the product engineering to the world. Financially we want to grow faster than
the industry," he added.

Speaking on the channel business, Lenovo said that in India the company has
doubled its partners from 1000 to 2000 and present in 400 cities.