Lenovo 2012 Annual Report Download - page 20

MANAGEMENT’S DISCUSSION & ANALYSIS
2011/12 Annual Report Lenovo Group Limited
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IdeaPad Yoga
Lenovo offers a wide range of commercial desktops and
notebooks to businesses of all sizes that feature cutting-
edge technology, customer-centric innovation and powerful
productivity features. In January 2012, Lenovo unveiled the
ThinkPad X1 Hybrid laptop, which combined the thin, light
and performance benefits of its predecessor – the X1 – with
double the battery life. The Group also in the same month
announced the launch of the ThinkPad T430u UltrabookTM,
the Company’s first business ultrabook giving professionals
exceptionally thin and light design without sacrificing
performance and productivity.
In addition to the CES Innovation Award won, the ThinkPad
X1 Laptop was awarded the prestigious International
Forum (iF) Product Design Award for 2012 in the computer
category. ThinkPad X1 Laptop was selected out of
nearly 3,000 entries for its design quality, finish, choice of
materials, innovation, environmental impact, functionality,
ergonomics and brand value among other aspects.
Idea Product Group
The Idea Product Group, which primarily focuses on the
consumer products, was propelled by continued strong
growth of the consumer PC segment in China and other
Emerging Markets, as well as growth in Mature Markets
under the Group’s strategy to attack consumer business
in the region. According to industry estimates, Lenovo’s
consumer PC’s unit shipments grew 51 percent year-on-
year and its market share increased by 3.1 percentage
point year-on-year to 9.7 percent.
During the fiscal year, Lenovo launched a number of
innovative IdeaPad PCs including the spectacularly slim
IdeaPad U300s Ultrabook® and ultra-slim IdeaPad U400,
designed for sophisticated consumers who value style and
functionality. Lenovo’s IdeaPad U300s, as its first Ultrabook,
won a Gold Product Design Award from the iF 2012 out of
over 2,000 product entries from around the world, for its
pioneering design strategy that combines stylish aesthetics
and innovative comfort features.
Notebook Products
Lenovo also achieved strong balanced unit shipments
growth and market share gains for notebook PCs during
the fiscal year. The Group’s notebook PC unit shipments
grew 36 percent year-on-year against the market growth of
only 5 percent, and its market share in worldwide notebook
PC increased by 2.9 percentage point year-on-year to 13.0
percent for the fiscal year. This performance helped Lenovo
to become the world’s third largest notebook company and
maintain the world’s second largest commercial notebook
company.
Desktop Products
In the desktop PC segment, Lenovo captured the
increasing demand for All-in-One PCs (AIO) in the
consumer desktop market, and successfully grew its AIO
business, making it the world’s largest consumer AIO player
in the fiscal quarter four and reinforced its world’s number
two commercial AIO position, as the fastest growing
player among the top five worldwide AIO industry players.
The Group’s desktop PC unit shipments grew 34 percent
year-on-year, about 75 times of the growth of the overall
worldwide desktop PC market of 0.5 percent. As a result,
Lenovo’s worldwide market share in desktop PC increased
by 3.2 percentage point year-on-year, to 12.8 percent, and
the Group has become the world’s second largest desktop
PC company from the third position in previous fiscal year,
according to industry estimates.
IdeaCentre A720
ThinkPad X1