Retail in Asia

In Trends

Lenovo bets on new products

Lenovo, the Chinese IT group, is aiming to greatly expand its portfolio, targeting categories like smartphones and tablets as a means of offsetting a moderation in demand for personal computers.

The firm plans to open a new R&D base in Wuhan, to be operational by October 2013, and charged with creating a wide range of original products, including wireless devices and PCs, its current core business.

More specifically, the organisation is "accelerating development" in smartphones, tablets and other mobile internet devices, said Yang Yuanqing, its Chief Executive, with apps also now becoming the subject of heightened emphasis.