Lenovo expects the growing market for 7-inch tablets to compete with large-screen smartphones, not PCs.
During the company's second-quarter earnings conference call Thursday, Lenovo Chief Executive Yang Yuanqing said he had just read a report on Apple's iPad Mini and was encouraged about the trend in the tablet market.
"The market accepts the 7-inch [tablet] better than the 10-inch. That's a very strong signal, the tablet will not replace the traditional PC," he said during the conference call.
Yuanqing continued. "Probably, the tablet will compete with the large-screen smartphone rather than the PC," … Read more