by admin | May 25, 2021 | Business, Large Enterprise, Markets, Technology
New Delhi : While 2017 witnessed debates around disruptive technologies like Artificial Intelligence (AI) and Internet of Things (IoT), 2018 will see these conversations materialise into concrete steps and existing technologies experience a make-over, a top Lenovo India executive said on Sunday.
“Artificial Intelligence (AI) and chatbots are becoming increasingly important and are something that brands and companies worldwide will use to enhance customer experience,” Rajesh Thadani, Executive Director and Head, Consumer Business and E-commerce, Lenovo India, told IANS.
AI capabilities have been made possible by the massive proliferation of data and computing power.
“We will see AI inspire how products are designed and the technology will be infused in the products for customer’s benefits this year,” Thadani added.
According to Nielsen’s data, by 2030, 1.2 billion Indians are expected to own a smartphone, increasing internet penetration almost 4.5 times where 90 per cent of the content consumption will be through mobile devices.
“Millennials and urban Indians will expect nothing less than intuitive, high-performance yet aesthetically pleasing devices that deliver experiences beyond the user interface — be it for work or play,” the Lenovo executive said.
According to Lenovo, the companies will offer productivity on the go without compromising on aesthetic, smart devices already delivering the multi-sensory PC and tablet experience, especially through devices that deliver the value that go beyond the traditional form factor.
The advent of smart assistants and rapid adoption of IoT has opened the door to many opportunities for greater integration between devices.
“The industry is pointing towards the inevitable smart home, fitted with technologies that will enable users to conduct web searches, play music, create lists and provide calendar updates with just a simple voice command,” Thadani added.
—IANS
by admin | May 25, 2021 | Markets, Technology
New Delhi, (IANS) Lenovo India on Tuesday launched Lenovo ZUK Z1 smartphone that runs on Cyanogen operating system (OS) 12.1 — an OS that enables deep customisation of the user interface with its theme app.
The device comes in white and grey colours and will be available for Rs.13,499 on Amazon.in via flash sales.
“The biggest demand of a customer is to get maximum experience in an affordable smartphone and the Lenovo ZUK Z1 is our attempt to offer a complete package of powerpack performance and user friendly experience in one device at a customer friendly price point,” said Sudhin Mathur, director-smartphones, Lenovo India, in a statement.
The phone is backed by a 4,100mAh battery with cut off feature that switches to the power source instead of using the phone’s battery once the battery is fully charged.
The Lenovo ZUK Z1 has 64GB eMMC 5.0 inbuilt storage and is backed by a 2.5 GHz Snapdragon 801 processor along with 3GB RAM.
It comes with USB 3.0 Type C with reversible plugin design that supports a transfer speed of up to 5GBps. The device comes with an inbuilt 360 degree fingerprint reader button.
Equipped with Lenovo’s PerfectView 5.5-inch display, the Lenovo ZUK Z1 comes with a 13MP camera with optical image stabilisation and dual LED flash. It has an 8MP selfie camera.
Cyanogen 12.1 is a fluid operating system with a number of advanced features optimised for performance, power consumption, security and privacy.
Registrations for the first sale start on May 10 at 1 p.m. The first sale is scheduled for May 19 at 2 p.m.
by admin | May 25, 2021 | Corporate Jobs, Employment
Beijing:(IANS) Chinese technology giant Lenovo announced on Thursday that it was laying off 3,200 employees following a disappointing last quarter of business.
The job cut, which will be conducted in the company’s non-manufacturing work force, accounts for about 10 percent of the non-manufacturing headcount and five percent of its total employees globally, a company said.
Lenovo saw profits attributable to its equity holders slump 51 percent year on year to $105 million for the three months through June, or the first quarter of the company’s fiscal year 2015/2016, Xinhua news agency reported.
It vowed to reduce expenses by about $650 million in the second half of this fiscal year by realigning its businesses, accelerating expansion in the PC market and improving efficiency.
Revenues rose three percent year on year to $10.7 billion in the second quarter, with PC business contributing $7.3 billion, down 13 percent year on year.
The company said it sold 13.5 million personal computers worldwide, a decline of seven percent year on year, as the industry was affected by factors such as currency fluctuation and weaker demand ahead of the release of Windows 10, the latest Windows operating system launched in late July.
Revenues from mobile business jumped 33 percent year on year to $2.1 billion, helped by the company’s purchase of Motorola’s mobile business in October 2014.
Smartphone sales grew two percent year on year to 16.2 million in the second quarter, while tablet shipments rose four percent year on year to 2.5 million, the statement added.
