Lenovo Unveils Internet-centric Business Platform in China Aimed at Startups

The first wave of new products launched – new glass, new air and newifi

Beijing, July 24, 2014 — Lenovo today unveiled New Business Development (NBD), a new internet-centric business platform in China aimed at startups. The first wave of three innovative smart devices under NBD has also been launched, namely the new glass smart glasses, the new air smart air cleaner and the newifi smart router.

The NBD platform provides a vehicle where partner startups can leverage Lenovo’s resources such as software, hardware, sales channels and services utilizing their own innovative technologies and leading-edge concepts in product development. This collaboration is an example of a win-win outcome from sharing resources and can drive the development of more powerful smart devices for customers.

“We have always said innovation will differentiate Lenovo.  We continue to drive innovation both in terms of our own product development and in terms of sparking it with interesting partners.  We think we bring something unique to the table – a proven track record in innovation, a strong presence in the China market, great relationships with channels there.  It is natural for us to try to leverage these advantages to bring new technologies to market.  This will drive growth.  NBD represents our approach to attacking this opportunity,” said Peter Hortensius, Chief Technology Officer of Lenovo.”

“We also think that the transformation in the marketplace to an internet centric business model creates interesting new opportunities for larger companies like Lenovo to partner with smaller companies focused on unique, innovative concepts.  And we can use the internet to get better insights, target hot new opportunities, and meet customer demands incredibly quickly.  We will continue to develop and unleash our own innovative products across a wide range of categories.  At the same we want to be a company that helps fuel innovation in the industry and bring new ideas and interesting products to customers,” he continued.

The first wave of new products, the new glassnew air and newifi was released today:

    • new glass – There are two smart glasses designed for two different types of customers in China. The first one, M100, is designed for industry users in collaboration with Vuzix Company, a US-based company. The new M100 glasses fulfill the needs of industry such as machinery, logistics and medical segment clients through more functional solutions.  The other smart glasses “new glass” is specially designed for Chinese consumers in collaboration with Ceyes Company.  Both of the new smart glasses run Chinese operating systems and are adapted to the internet environment in China.
    • new air – The “new air” line comprises three models of air purifiers, the LUFTMED D300, LUFTMED D600 and the new air X330 that are produced by Lenovo and LUFTMED Company, a Germany-based company. The LUFTMED D300/D600 has a robust 99% rejection rate of 0.1 μm particles and guarantees a maximum air circulation of 500 m3/h, with a unique TFT screen monitoring real-time air parameters. The air purifiers can be controlled remotely by a smartphone through cloud technology which enables the customers to monitor the air quality at home anywhere at any time.
  •  newifi – This smart router has been jointly developed by Lenovo and D-Team Inc., a China-based company, and offers an outstanding user experience including excellent performance, user-friendly operation, rich functionality, strong and stable transmission signal. The newifi is equipped with special applications that can avoid stealing or hacking of internet traffic communication while securing privacy.

Lenovo (HKSE: 992) (ADR: LNVGY) is a US$39 billion personal technology company, the largest PC company in the world, serving customers in more than 160 countries. Dedicated to building exceptionally engineered PCs and mobile internet devices, Lenovo’s business is built on product innovation, a highly-efficient global supply chain and strong strategic execution.  Formed by Lenovo Group’s acquisition of the former IBM Personal Computing Division, the company develops, manufactures and markets reliable, high-quality, secure and easy-to-use technology products and services. Its product lines include legendary Think-branded commercial PCs and Idea-branded consumer PCs, as well as servers, workstations, and a family of mobile internet devices, including tablets and smartphones. As a global Fortune 500 company, Lenovo has major research centers in Yamato, Japan; Beijing, Shanghai and Shenzhen, China; Sao Paulo, Brazil, and Raleigh, North Carolina.  For more information see www.lenovo.com.


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