At that time, most local Chinese companies were not thinking about cost structures and supply chain issues as actively as we were. They were thinking… - Liu Chuanzhi
" "At that time, most local Chinese companies were not thinking about cost structures and supply chain issues as actively as we were. They were thinking more about how to lower the import tariff or how to counteract foreign exchange risks and so on. But we really spent a lot of effort on our supply system.
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About Liu Chuanzhi
Liu Chuanzhi (born April 29, 1944) is a Chinese businessman and the founder of Lenovo, the largest computer maker in the world.
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Additional quotes by Liu Chuanzhi
The biggest advantage is China's enormous potential market. Our government actively supports the local computer industry. We have lower production costs than foreign competitors. On the other hand, we are technologically far behind the West. Another disadvantage is that there is a very shallow understanding of market principles in this country. This seriously undermines the growth of the PC industry.
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