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Lenovo’s Indian Motherboard for Govt Tenders

Lenovo India makes its desk tops, laptops at its 1.4 million units plant here….writes Venkatachari Jagannathan

Personal computer (PC), laptop maker $1.9 billion revenue Lenovo India on Friday launched its desktop with locally sourced motherboard which in turn would give a stronger pitch while bidding for government supplies, said a senior official.

Officials also said the demand for laptops in India has stabilized now after a boom during the Covid-19 period due to the online classes held by schools and colleges.

Lenovo India makes its desk tops, laptops at its 1.4 million units plant here.

According to Saurabh Agrawal, Chief Operating Officer, the production of desktops with Made-in-India motherboards makes the machine compliant with the Indian government’s Preferential Market Access (PMA) policy.

Lenovo India now qualifies for the Class 1 PMA bracket, with over 50 per cent of components being fulfilled through local manufacturing for a select range of products. This will give the company a better weightage while bidding for government tenders for desktops.

With the recent announcement of approval to 27 firms under the PLI 2.0 (Production Linked Incentive) for IT Hardware Scheme, Lenovo India has the additional impetus to increase PC production capability and, thereby contributing to India’s Make in India initiative, the company said. Nearly about 40 per cent of the commercial segment is accounted for by desktops, which is a sizable number and the increasing sales of laptops will not majorly impact the desktop market, said a senior Lenovo official.

According to Agrawal, 70 per cent of the production at Lenovo India’s plant here is accounted for by desktop and the balance by laptops and others.

Officials said the company’s Puducherry plant is working at about 45 per cent capacity.

Last year, the plant produced about 7.4 lakh units and the current year production target is one million units. Every 24 seconds, a product – desktop or laptop- rolls out of the assembly line here.

However, Agrawal declined to comment on the numbers.

Lenovo India gets its mobile phones and tabs manufactured at two contract manufacturing locations.

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Business

Lenovo begins laying off employees as PC biz takes a beating

Lenovo.(photo:Pixabay.com)

Lenovo led the global PC market with 22.4 per cent market share, followed by HP Inc at 21.1 per cent and Dell Technologies at 16.7 per cent…reports Asian Lite News

Global technology brand Lenovo has reportedly started laying off employees, as its PC business suffers significantly amid economic downturn.

According to a report in CRN, the job cuts at Levono are “part of a roughly $115 million cost-cutting plan”. Lenovo CEO Yang Yuanqing had informed in February about a coming “workforce adjustment” as part of a broader reduction in spending.

The company had about 75,000 employees at the end of its 2022 fiscal year.

“Like our CEO Yuanqing Yang said at our most recent quarterly earnings announcement, we are reducing operational expenses and making workforce adjustments where necessary and appropriate,” a company spokesperson said in a statement. “We continue to invest in the areas that accelerate growth and the overall transformation of the company,” the spokesperson told WRAL TechWire.

A “severe downturn” in the PC and smartphone markets caused the company’s revenue to drop 24 per cent (year-on-year) to $15.3 billion and net income to $437 million in the quarter ended December 31.

The company had hinted at the job cuts in future as part of the overall cost reduction. Lenovo CFO Wong Wai Ming had blamed the downturn on a “confluence of global economic challenges and dynamic shifts in market demand”.

In the March quarter (Q1 2023), weak demand, excess inventory and a worsening macroeconomic climate resulted in the global shipments of traditional PCs recording 56.9 million, a huge 29 per cent drop compared to the same quarter last year, according to the International Data Corporation (IDC).

Lenovo led the global PC market with 22.4 per cent market share, followed by HP Inc at 21.1 per cent and Dell Technologies at 16.7 per cent.

According to the report, the pause in growth and demand is also giving the supply chain some room to make changes as many factories begin to explore production options outside China. If recession in key markets drags into next year, recovery could be a slog.

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Business

Lenovo appoints Sehgal as Executive Director for India 


Lenovo Tab M10 HD Tablet series garnered 32 per cent market share and primarily in the value for Money (Rs 7,000-Rs 25,000) segment…reports Asian Lite News

Global PC brand Lenovo on Thursday appointed Ajay Sehgal as the Executive Director for India commercial business.

Based in Mumbai, Sehgal0 will be responsible for driving growth for the overall Lenovo India commercial PC and Smart Devices business.

“Companies large and small are accelerating their digital transformation, and are seeking trusted partners to help them navigate this exciting transition. I am confident that his experience will help take our commercial sales organisation to the next level along our journey of service-led-transformation,” Shailendra Katyal, Managing Director, Lenovo India, said in a statement.

Prior to joining Lenovo, Sehgal worked with Vodafone as Executive Vice President, Enterprise Business. In previous roles, he has worked with HP India as well as with Xerox, and has handled multiple leadership positions across the PC and printing solutions businesses.

In Q4 2021, the overall India tablet market grew 31 per cent year-on-year, while for the entire year it grew 4 per cent YoY. Lenovo topped the tablet market in India, mainly driven by its enterprise tablet business.

Lenovo Tab M10 HD Tablet series garnered 32 per cent market share and primarily in the value for Money (Rs 7,000-Rs 25,000) segment.

Lenovo shipments recorded 23 per cent YoY growth in CY2021. The company has a strong offline play, catering to enterprise and consumer demand.

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Business Tech Lite

Lenovo unveils next-generation laptops

Lenovo also introduced several updates to its ThinkPad T series portfolio to address the productivity and collaboration needs of a widely diversified workforce…reports Asian Lite News

Global PC brand Lenovo on Monday unveiled several new laptops designed for a more connected and increasingly hybrid world.

The new line-up of ThinkPad, ThinkBook, ThinkVision, IdeaPad, tablet and solutions were launched at the Mobile World Congress (MWC) 2022 here.

The flagship ThinkPad X13s is developed in collaboration with Qualcomm and Microsoft — world’s first laptop powered by the premium Snapdragon 8cx Gen 3 compute platform and running up to Windows 11 Pro.

“The ultra-slim, ultra-light fan-less design delivers the next level of silent always-on, always-connected PC experiences in addition to incredible multi-day battery life rated up to 28 hours, AI accelerated experiences and enhanced 5G connectivity,” the company said during the event.

The latest ThinkPad X1 Extreme Gen 5 machine is powered by up to latest Intel vPro with 12th Gen Intel Core i9 H-series processors running Windows 11 Pro and available with the latest NVIDIA GeForce RTX Laptop GPUs, up to 64GB DDR5 memory and optional dual Solid-State Drives (SSD) supporting up to a massive 8TB.

Lenovo also introduced several updates to its ThinkPad T series portfolio to address the productivity and collaboration needs of a widely diversified workforce.

A new ThinkPad T16 along with updated ThinkPad T14s Gen 3 and T14 Gen 3 feature 16:10 aspect ratio displays with low blue light technology with FHD camera options combined with Dolby Audio speaker system and Dolby Voice.

The company also introduced a new ThinkPad P16s along with an updated ThinkPad P14s Gen 3.

The other devices include ThinkBook 14s Yoga Gen 2 and ThinkBook 13s Gen 4 i laptops.

Lenovo also introduced its new IdeaPad Gaming 3i and IdeaPad Gaming 3 laptop series in two screen sizes, 15-inch and 16-inch.

The company also unveiled a fresh line-up of consumer IdeaPad Chromebooks for the modern home office, classroom and beyond.

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