Apple Starts IPad2 Sales in China, Lenovo Counters With LePad – Bloomberg

Image via Wikipedia

Apple Inc. (AAPL) started selling the latest version of its iPad tablet computer in China, as the world’s most valuable technology company fends off competition from products offered by local rivals including Lenovo Group Ltd. (992). Hundreds of people waited in line outside Apple’s store in Shanghai’s Lujiazui financial district before the 8 a.m. opening time. The store sold out of the white-colored version of iPad2 with 16 gigabytes of memory within hours, according to a check by Bloomberg News. Apple is offering the iPad2 in China, home to its highest- grossing stores worldwide, as demand in the U.S. for the upgraded product surpassed the first version since its debut in March. The Cupertino, California-based company faces increasing competition in China from local vendors of smartphones and tablets including Lenovo and ZTE Corp. (763), according to Shan Chao, an analyst at BDA China, which advises companies.

via Apple Starts IPad2 Sales in China, Lenovo Counters With LePad – Bloomberg.

Strange Random China Quote:

“Did you know that in Chinese the word for ‘crisis’ is the same as the word for ‘opportunity’?” – The New Age (1994) – Peter Witner (Peter Weller)

Related articles

• Crowds, scalpers greet iPad 2 in China (tech.fortune.cnn.com)
• Apple’s iPad 2 attracts big lines in Beijing (macworld.com)
• LePad vs. iPad: Nice Surprises From Lenovo (businessweek.com)
• Your iPads Won’t Be Smuggled To China Now (blogs.forbes.com)
• Lenovo sees LePad outpacing iPad in China (theglobeandmail.com)
• Lenovo Says Chip Supply Could Hit Tablet Shipments (online.wsj.com)