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Lenovo on Apple: They Could do Well in China

Lenevo is quite worried at the prospect of Apple getting serious in the Chinese Market, at least according to Liu Chuanzhi, Lenovo’s founder and chairman. “If Apple were to spend the same effort on the Chinese consumer as we do, we would be in trouble.” Lenovo has a grip on 30% of the Chinese home market, but that might not last for long.

Apple products, while popular in China, have limited distribution through official channels. The Chinese market provides a, “Major growth opportunity,” and Apple is set to be opening a new store in Shanghai this Saturday. Apple plans to add 25 major retail outlets in China by the end of next year.

While other PC makers such as HP and Dell are attempting to make a profit in China’s huge market opportunity, the Financial Times reports that Mr. Liu suggested Apple was defying this logic. “Steve Jobs is a genius. He is the exception to my rule.”

[via Financial Times]

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