Nominations Open for Channel Insider 2009 Bull’s Eye Awards
Nominations are now open for the Channel Insider 2009 Bull’s Eye Awards, which recognize excellence in customer service, technology prowess, business acumen, channel leadership, communications and community building, and innovation among vendors, solution providers, distributors and channel services companies.
PC computer maker Lenovo Group says it has no plans to buy computer factories from rival Dell, saying it has enough capacity. In addition, he warned that a weak global economy could affect spending on IT.
SINGAPORE (Reuters) - Lenovo Group (0992.HK), the world's fourth-largest PC maker, said on Tuesday it has no plans to buy computer factories from rival Dell Inc (DELL), its Chief Executive William Amelio said on Tuesday.
Lenovo has enough capacity, Amelio told reporters on the sidelines of a conference in Singapore.
Dell is trying to sell factories around the world to cut costs and improve profitability, the Wall Street Journal reported last week.
Resource Library:
Amelio also warned that the weakness in the global economy could affect tech spending by companies.
"The only thing I would caution is that we are coming into a budget cycle now," he said, adding this could mean companies would be reassessing their operating expenses.
Lenovo posted a 65 percent rise in first quarter earnings that ended June, the slowest growth in a year, as it copes with a U.S. slowdown and weaker Chinese demand after a devastating earthquake.
(Reporting by Yvonne Cheong, writing by Koh Gui Qing, editing by Neil Chatterjee)
Build A More Efficient Data Center
Demands are growing but budgets are not. Solve your pressing IT issues using the resources you already have. Determine which technologies can help you drive efficiencies and how they are applied. Gain a quick ROI on new initiatives Find out how
Let Enterprise TechBrief do the work for you. Aggregated content, tech news, product reviews, vendor updates, how-to’s—all you need to boost your efficiencies and cut costs, all from one place. enterprisetechbrief.com