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Wed, Sep 12, 2001 - Page 21 News List

Legend Holdings may miss sales goal

COMPUTERS Although China's top PC maker is likely to miss its sales target of 3.7 million computers this year, analysts say the company still has great prospects

BLOOMBERG , BEIJING

Still, competition from foreign rivals is intensifying.

Compaq Computer Corp, which this week agreed to be acquired by Hewlett-Packard Co, plans to invest US$100 million in two years to improve distribution. Dell Computer Corp, the largest direct seller of PCs, said it aims to boost its share of the China market tenfold to 40 percent to match its market shares in the US and Europe.

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