China’s Lenovo Group (聯想), the world’s biggest PC maker, has set an aggressive target for its tablet market share in Taiwan, backed by its wider product offerings across all price ranges.
The company aims to go from close to zero at the moment to a “double-digit” market share in the first quarter of next year, driven in part by its Yoga Tablet series, which was released yesterday, said Justin Liang (梁百鋒), general manager of Lenovo’s Taiwan branch.
The top-end Yoga tablets are expected to account for up to 40 percent of Lenovo’s tablet sales in Taiwan in the first quarter of next year, but the bulk will come from the company’s mid-range to low-end products, Liang said.
“We are very committed to our tablet sales in Taiwan,” he told reporters at a product launch for the Yoga series, which starts at NT$7,990 for an 8-inch model and NT$9,990 for a 10-inch model.
Lenovo changed its tablet sales strategy in Taiwan three months ago, when it began selling its 7-inch A1000 tablet via a local carrier, and is seeking more telecom partners to expand the availability of its tablets, Liang said.
However, the Chinese PC brand accounted for less than 2 percent of Taiwan’s overall tablet shipments in the third quarter, ranking seventh among the country’s tablet vendors, according to data from the tech-tracking firm International Data Corp (IDC).
If Lenovo achieves its target of at least a 10 percent market share in Taiwan, it will break into the country’s top three spots for tablet vendors, which were held by Samsung Electronics Co, Asustek Computer Inc (華碩) and Apple Inc in the third quarter, IDC said.
ADVANCED: Previously, Taiwanese chip companies were restricted from building overseas fabs with technology less than two generations behind domestic factories Taiwan Semiconductor Manufacturing Co (TSMC, 台積電), a major chip supplier to Nvidia Corp, would no longer be restricted from investing in next-generation 2-nanometer chip production in the US, the Ministry of Economic Affairs said yesterday. However, the ministry added that the world’s biggest contract chipmaker would not be making any reckless decisions, given the weight of its up to US$30 billion investment. To safeguard Taiwan’s chip technology advantages, the government has barred local chipmakers from making chips using more advanced technologies at their overseas factories, in China particularly. Chipmakers were previously only allowed to produce chips using less advanced technologies, specifically
The New Taiwan dollar is on the verge of overtaking the yuan as Asia’s best carry-trade target given its lower risk of interest-rate and currency volatility. A strategy of borrowing the New Taiwan dollar to invest in higher-yielding alternatives has generated the second-highest return over the past month among Asian currencies behind the yuan, based on the Sharpe ratio that measures risk-adjusted relative returns. The New Taiwan dollar may soon replace its Chinese peer as the region’s favored carry trade tool, analysts say, citing Beijing’s efforts to support the yuan that can create wild swings in borrowing costs. In contrast,
TARIFF SURGE: The strong performance could be attributed to the growing artificial intelligence device market and mass orders ahead of potential US tariffs, analysts said The combined revenue of companies listed on the Taiwan Stock Exchange and the Taipei Exchange for the whole of last year totaled NT$44.66 trillion (US$1.35 trillion), up 12.8 percent year-on-year and hit a record high, data compiled by investment consulting firm CMoney showed on Saturday. The result came after listed firms reported a 23.92 percent annual increase in combined revenue for last month at NT$4.1 trillion, the second-highest for the month of December on record, and posted a 15.63 percent rise in combined revenue for the December quarter at NT$12.25 billion, the highest quarterly figure ever, the data showed. Analysts attributed the
Taiwan Semiconductor Manufacturing Co’s (TSMC, 台積電) quarterly sales topped estimates, reinforcing investor hopes that the torrid pace of artificial intelligence (AI) hardware spending would extend into this year. The go-to chipmaker for Nvidia Corp and Apple Inc reported a 39 percent rise in December-quarter revenue to NT$868.5 billion (US$26.35 billion), based on calculations from monthly disclosures. That compared with an average estimate of NT$854.7 billion. The strong showing from Taiwan’s largest company bolsters expectations that big tech companies from Alphabet Inc to Microsoft Corp would continue to build and upgrade datacenters at a rapid clip to propel AI development. Growth accelerated for