LENOVO'S TO COOPERATE WITH IBM AND FUJITSU-SIEMENS

AsiaInfo Services, November, 2004

AsiaInfo Services 11-17-2004 Lenovo's to Cooperate with IBM and Fujitsu-Siemens CHINA, Nov 17, 2004 (SinoCast via COMTEX) -- The cooperation with IBM is justan initial step of Lenovo's plan, and the company will carry onclose cooperation with Fujitsu-Siemens afterwards, according toreliable sources. Meanwhile, Lenovo has planned to promote a series of products priced at CNY2,999, CNY4,999, and CNY6,999.

The CNY2,999 computers are the low-end desk-top PCs, the CNY4,999 computers with LCD display, while the CNY6,999 computers are notebook PCs. These are the lowest prices among the similar products in PC market of mainland China. There was news saying that Lenovo reached a cooperation agreement with IBM just days before, but both of the two sides denied on it. ...

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