"If there is an acquisition opportunity, we will take it."
In addition, the Chinese PC maker plans to expand its reach in the smartphone market with an aim to go outside China into other emerging markets, followed by entering into developed markets, including the US.
"We will be in developed markets in a year," Yuanqing added.
Lenovo is also considering establishing a smartphone joint venture with NEC, with talks ongoing since early 2013 on a potential sale or tie-up involving its mobile unit.
During the fourth quarter ended 31 March 2013,Lenovo reported a 4% rise in revenues to $7.8bn and a 15% year-on-year (YoY) increase in full year sales to $34bn.
This article is from the CBROnline archive: some formatting and images may not be present.
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