Lenovo launches new tablet-laptop hybrids to revive PC market
The world’s largest PC maker Lenovo launched two convertible laptops and a tablet under its Yoga line on Monday to resuscitate demand for personal computer amid growing penetration of mobile devices.
Launched in 2012, Lenovo’s Yoga line of laptops were designed to work both as PC and tablet as the growing popularity of smartphones and tablets have contributed to a slowdown in PC sales.
Monday’s release includes two laptops with keyboard that can be either folded or detached and a Yoga tablet.
Lenovo’s CEO Yang Yuanqing said on Monday that the PC market, valued at 200 billion U.S. dollars, still has potential for growth as some of its essential features cannot be replaced by tablets and smartphones.
“I’m still optimistic about the PC market,” said Yang, “there is still a lot of investment going into improving the PC’s user experience and to stay relevant, manufacturers need to be committed to innovation.”
Yang said though Lenovo is already the world’s largest PC maker, it still wants to grow its market share.
Lenovo retains its spot as the world’s third largest tablet maker with a global market share of 6.3 percent in the third quarter this year, data from IDC shows.