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zte is in it infrastructure business since they created the company. lenovo was making a lot profits before they bought crappy notorola phone business. very stupid of them. there are reasons why company keeps changing owner lol
Yes, I read that they are having difficulty in turning Motorola around. Perhaps they acquired for the patents, rather than the core business.
Lenovo is also having hard time adjusting given laptop shipments appear to be declining globally. Similar problem Acer is having now. They also tried mobile phones and tablet.
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A forecast of declining laptop prices and sales is the reason IBM sold Lenovo their laptop business. Razor thin margins was not the market they wanted to be in.
The same thing is now happening in the smart phone market. The prices are coming down as most companies are now on an equal footing technology-wise
Yes, it is a cut-throat business and diversification and long-term planning is important. Lenovo made lots of money from laptops, but, it is perhaps time to move on the next big thing. I believe that global laptop market will continue to decline and smaller players will be weeded out, with a handful of major players remaining like Asus, Lenovo (and perhaps Acer) from China, HP, Dell from the US.
iPhones are overrated anyway. I don't understand why the Chinese are so crazy about it. It's only good at branding and the Chinese treat it as a status symbol to flaunt around. That's why Apple didn't even bother to innovate and brand-conscious Chinese will still buy the cheaply made product at a premium price, helping Apple to become the most profitable company in the world. Starbucks is the same.
Good to see it dropping in China.
...The craze for Iphone was omnipresent...people just buying for the sake of it -.
Iphones are just fanboy stuff...
I know that apple products are seen as not so cool anymore...
That's the case all over the world, what is different in China is that, China has a bunch of home grown (super) companies/innovation power-houses. What they do is to take advantage of being on their home turf, innovate and build good quality gadgets, and market them through intense commercial and promotion.
So, iDrop as fast as iRise, in China, unlike many other countries where they dominate the premium segment.
The same goes with internet like social media, search, and shopping. In most countries I have been to, I noticed US multinationals control the entire variety of online sectors; it is different in China only.
Because China's government is/was smart and able to see the future, keeping the market closed to those foreign entities in favor of domestic companies. Now, even the market is open, domestic companies already enjoy monopolistic status.
iPhones are overrated anyway. I don't understand why the Chinese are so crazy about it. It's only good at branding and the Chinese treat it as a status symbol to flaunt around. That's why Apple didn't even bother to innovate and brand-conscious Chinese will still buy the cheaply made product at a premium price, helping Apple to become the most profitable company in the world. Starbucks is the same.
Good to see it dropping in China.
You said it. IT was a status symbol for the Chinese with no sense and have many cents.
Yeah. Because China has a market large enough to promote her own variation and sustain it.
The online sector in Singapore it's mainly dominated by US MNCs.
a country with the size of 40-50 million people should be able to produce home grown companies.