Lenovo Executive: Industry Underestimated Demand For Touch In PCs

We have seen many reports since the general availability of Windows 8 that PC OEMs failed to deliver Windows 8 PCs on time. Even among the Windows 8 PCs that got released, there were only few touch enabled PCs. OEMs didn’t prepare for large touch screen panel and its associated components demand. In an interview to CNET, Lenovo executive Gerry Smith revealed that the industry did underestimate touchscreen demand.

He said the following on Lenovo’s position in the PC industry right now,

“Lenovo’s a little different from other companies,” Smith said. “We’re still seeing strong growth and a strong premium to the market overall…And this quarter, we’re seeing strong growth across all product segments.”

Being No. 4 in the U.S. is a solid position, but it’s not acceptable long-term for us…We will be No. 1 in the U.S. That’s absolutely a focus. I’m not going to give you a time frame, but six-and-a-half years ago, Lenovo wasn’t even on the radar screen worldwide. No one thought we could do it…We’re tied for No. 1 today, and we have the right trajectory compared to the other company that’s No. 1. The U.S. is a similar analogy to the worldwide market but just different timing…We’re going to get to No. 1 over a period of time.

He also said that the touch screen PCs are selling well and the touch panel supply is already improving, and more touch capacity should be available in the January-to-June time frame allowing more PC OEMs to ship touch enabled PCs.

Read more at the source link below.

Source: CNET

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