Lenovo executive highlights Chromebook earnings and environmental challenges

Lenovo executive highlights Chromebook earnings and environmental challenges - Lenovo executive highlights chromebook profit

Last updated 10 month ago

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Lenovo executive highlights Chromebook earnings and environmental challenges



Lenovo has found itself among a rock and a difficult region as it relates to Chromebooks, and there does not seem like a cut and dry way to the scenario. During a latest talking engagement at Canalys Forum in Bangkok, Che Min Tu, Lenovo's senior vp and institution operations supervisor, stated each person struggles to sell Chromebooks.

I do not know who makes the profit," the executive delivered.

Tu in addition cited that the low-price laptop isn't first rate for the environment, both, as recycling it may not be easy or value green.

Regardless, Lenovo has no plans to tug out of the market. Tu stated they'll keep to manufacture the Google-powered gadgets due to the fact the demand is there.

Last month, IDC said Chromebook shipments slid 20.8 percentage inside the 0.33 quarter compared to the same duration a year in advance.

To make clear, the demand Tu noted is in general coming from the education quarter. Canalys expected earlier this yr that four in 5 Chromebooks bought in the US in the second quarter went to students.

Like Chromebooks, drugs have struggled as of overdue. Slate shipments dipped 14.2 percent yr over yr in Q3 and don't have the education area to fall back on. That stated, a long way more tablets are being shipped on a quarterly basis compared to Chromebooks – 33.2 million in Q3 as opposed to simply three.5 million Chromebooks at some stage in the identical period.

Still, drugs locate themselves in an ungainly function among traditional PCs and smartphones.

The Lenovo govt also touched on the coming near near AI PC revolution, noting that the first Arm AI PCs have to start to appear by mid-2024. Microsoft could assist spur the motion with the creation of Windows 12, anticipated as early as next June. The AI PC ecosystem will take time to grow, however, and purchasers will ought to adapt to everything that AI PCs can provide.

Don't anticipate AI PCs to supplant smartphones, both. Instead, Tu predicts that mobile phones – along with foldables – might be "very, very essential" within the AI PC era.

Image credit: Kind and Curious, Shawn Rain

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