UAE helps Lenovo to lift growth



Lenovo, the world's second-biggest manufacturer of computers, has doubled its market share in the UAE in the past year and is courting government contracts across the Middle East to boost the bottom line further still.

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Over the past year the computer manufacturer's market share in the UAE has increased to 9 per cent.

While that puts Lenovo fourth overall in the local computer market, the company said, its growth strategy for the emirates and wider Middle East region included aiming its latest line of tablets at businesses and governments.

"The consumer tablet is where people have choice, but the commercial tablet is where we have differentiation on security, and we're pitching to all the different government enterprises," said Jack Lee, the corporate vice president and general manager of Lenovo's Middle East and Africa operations. "This region is very strategic for us."

Globally, Lenovo recently leapt past Dell to become the world's second-largest computer maker - after HP - in terms of sales.

Lenovo holds 13.7 per cent of the world's market share of PC shipments, and its sales growth has outpaced the market by more than 10 per cent during the past nine quarters, according to data from International Data Corporation (IDC).

Lenovo this year acquired the German electronics maker Medion, for €466 million (Dh2.27 billion), in its biggest acquisition since it bought the PC business of IBM more than six years ago.

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Camelpox

Caused by a virus related to the one that causes human smallpox, camelpox typically causes fever, swelling of lymph nodes and skin lesions in camels aged over three, but the animal usually recovers after a month or so. Younger animals may develop a more acute form that causes internal lesions and diarrhoea, and is often fatal, especially when secondary infections result. It is found across the Middle East as well as in parts of Asia, Africa, Russia and India.

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UPI facts

More than 2.2 million Indian tourists arrived in UAE in 2023
More than 3.5 million Indians reside in UAE
Indian tourists can make purchases in UAE using rupee accounts in India through QR-code-based UPI real-time payment systems
Indian residents in UAE can use their non-resident NRO and NRE accounts held in Indian banks linked to a UAE mobile number for UPI transactions