Pakistan inflation falls to 30-month low in May    S. Korea inks multi-billion-dollar loan deals with Tanzania, Ethiopia    Egypt's c. bank offers EGP 4b zero coupon t-bonds    Egypt and Tanzania discuss water cooperation    World Bank highlights procedures to improve state-owned enterprise governance in Egypt    Tax policy plays crucial role in attracting investment to Egypt: ETA chief    EU sanctions on Russian LNG not to hurt Asian market    Egypt urges Israeli withdrawal from Rafah crossing amid Gaza ceasefire talks    Parliamentary committee clashes with Egyptian Finance Minister over budget disparities    Egypt's Foreign Minister in Spain for talks on Palestinian crisis, bilateral ties    Egypt's PM pushes for 30,000 annual teacher appointments to address nationwide shortage    Sri Lanka offers concessionary loans to struggling SMEs    Indian markets set to gain as polls show landslide Modi win    Russian army advances in Kharkiv, as Western nations permit Ukraine to strike targets in Russia    Egypt includes refugees and immigrants in the health care system    Ancient Egyptians may have attempted early cancer treatment surgery    Grand Egyptian Museum opening: Madbouly reviews final preparations    Madinaty's inaugural Skydiving event boosts sports tourism appeal    Tunisia's President Saied reshuffles cabinet amidst political tension    US Embassy in Cairo brings world-famous Harlem Globetrotters to Egypt    Instagram Celebrates African Women in 'Made by Africa, Loved by the World' 2024 Campaign    US Biogen agrees to acquire HI-Bio for $1.8b    Egypt to build 58 hospitals by '25    Giza Pyramids host Egypt's leg of global 'One Run' half-marathon    Madinaty to host "Fly Over Madinaty" skydiving event    World Bank assesses Cairo's major waste management project    Egyptian consortium nears completion of Tanzania's Julius Nyerere hydropower project    Swiss freeze on Russian assets dwindles to $6.36b in '23    Egyptian public, private sectors off on Apr 25 marking Sinai Liberation    Debt swaps could unlock $100b for climate action    Amal Al Ghad Magazine congratulates President Sisi on new office term    Financial literacy becomes extremely important – EGX official    Euro area annual inflation up to 2.9% – Eurostat    BYD، Brazil's Sigma Lithium JV likely    UNESCO celebrates World Arabic Language Day    Motaz Azaiza mural in Manchester tribute to Palestinian journalists    Russia says it's in sync with US, China, Pakistan on Taliban    It's a bit frustrating to draw at home: Real Madrid keeper after Villarreal game    Shoukry reviews with Guterres Egypt's efforts to achieve SDGs, promote human rights    Sudan says countries must cooperate on vaccines    Johnson & Johnson: Second shot boosts antibodies and protection against COVID-19    Egypt to tax bloggers, YouTubers    Egypt's FM asserts importance of stability in Libya, holding elections as scheduled    We mustn't lose touch: Muller after Bayern win in Bundesliga    Egypt records 36 new deaths from Covid-19, highest since mid June    Egypt sells $3 bln US-dollar dominated eurobonds    Gamal Hanafy's ceramic exhibition at Gezira Arts Centre is a must go    Italian Institute Director Davide Scalmani presents activities of the Cairo Institute for ITALIANA.IT platform    







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Targeting the lion's market share
Published in The Egyptian Gazette on 01 - 10 - 2011

CAIRO - Last week, Lenovo held a press conference to announce the introduction of the IdeaPad Tablet K1 to the Egyptian consumers.
During the event, The Gazette caught up with Jack Lee, Corporate Vice President for Lenovo Middle East and Africa, to discuss the company's vision and strategy for the Egyptian market after the revolution.
How far has Egypt's revolution affected Lenovo's expansion plans here?
Surprisingly, the revolution has not affected our plans for Egypt in any way. I'm personally so optimistic about the Egyptian market's future and we are here to show long-term commitment to the local and regional market. We are currently increasing our investments in Egypt through opening an official office in the market as well as investing more and more in our partners, customers.
By opening a new office this means you have set a target market share in the market, would you give us more details about this?
Lenovo currently has 13 per cent market share in Egypt. We are targeting a 25 per cent market share and we are planning to achieve this number in one year only.
We are here to be number one in the market.
This means you are planning to almost double your market share in just one year, how are you going to do this?
Our product lines include the legendary Think-branded commercial PCs and Idea-branded consumer PCs, as well as servers, work stations, and a family of mobile internet devices, including tablets and smart phones. This means that our portofolio caters to all the segments here. Thus, through creating customers' awareness about Lenovo itself, targeting SMBs as well as large enterprises mainly governmental organisations, which we already cooperate with some of them as the ministry of communications and information technology, we will rapidly achieve our target.
Still, you will have to face a fierce competition from different competitors, especially the Chinese products that currently have the lion's market share in the local market because of their low prices, how are you going to face this?
I can't agree more. No-one can claim that the competition is not strong, yet I highly believe in our products' quality so we will let the product speak for itself and its quality.
Don't you think that now is not a good timing to introduce your new tablet to the market taking into consideration the current decreased consumers' purchasing power?
On the contrary, the future is for tablets since they are easy to take everywhere. Tablets are extremely personal technology devices. That's why we've created a family of tablets that has something for everyone, including entertainment-friendly features and content for consumers, or business-friendly features to enhance productivity for professionals as well as security and manageability for IT Managers. The IdeaPad Tablet K1 is the first of our new tablet family to launch in the Egyptian market, providing a device that meets the needs of our customers for entertainment and leisure use.
Your products are known for their relatively high prices, will you consider imposing certain discounts for the Egyptian consumers?
As I've mentioned before, we have a full portfolio of products that cater for different segments of consumers ranging between large enterprises, SMBs and individual consumers. For the consumers' products, this is not true. Take for example today's newly introduced tablet; if you compare it to the competing ones, it's relatively cheap. It costs around 3,500 L.E although it is the company's first mobile Internet devices featuring the Android 3.1 platform. The Android-powered Lenovo tablet provides access to more than 250,000 apps in Android Market as well as apps tested for the Lenovo device in the Lenovo App Shop.
Who provides after sales support to your customers here?
We provide after sales support both through our call centre as well as our partners and both serve our customers allover the republic, not only Cairo.


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