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International Business Case Study: Lenovo's New International

1958 Words8 Pages

FTMS Global, Kuala Lumpur, Malaysia ATTEMPT: 1 ANGLIA RUSKIN UNIVERSITY Assignment Coversheet STUDENT DETAILS Student Number: 1550371/1 FACULTY Lord Ashcroft International Business School ASSIGNMENT DETAILS Module Ref MOD001055 / F01FTM / 2016/7 Module Title International Business Module Element 010 - Assignment 3000 words To Be Marked By Submission date (by 2pm) 04 January 2017 Submission of this assignment agrees to the following: I understand that the piece of work submitted will be considered as the final and complete version of my assignment of which I am otherwise the sole author. I understand both the meaning and consequences of plagiarism and that my work has been appropriately attributed unless otherwise stated. I have not knowingly …show more content…

Then, the company continue their internalization in 2011 by forming a joint venture with NEC from Japan and at the same year, Lenovo also did an acquisition with Medion, a PC and consumer electronics company based in Germany. The internalization of the company continued in Brazil whereas Lenovo acquires CCE, a leading consumer electronic company in Brazil. (Www3.lenovo.com, 2016) Lenovo has also been distributing their product through ECS ASTAR Sdn Bhd (a wholly-owned subsidiary of ECS ICT Bhd) in country like Malaysia. (Ecsm.com.my, …show more content…

Promotion • The sponsorship of the Olympic Games in Torino and Beijing has helped it to build a global brand (Chuanjiao, 2008). • It has also participated in Formula 1, NBA and World Golf championships. • In 2006, Lenovo appointed a famous football player Ronaldinho as its global brand Ambassador. (China view, 2006). • help in the increase sales and market share because people all over the world have passion for football and generally • celebrity endorsements help to develop a company on an international scale Place • After Lenovo 's acquisition of IBM 's PC division, the company is able to sell their products in the emerging markets through IBM 's wide distribution network. • There a few ways of distributing the product used by the company which are marketed directly to consumers, and also to small and medium scale businesses and large companies. • Able to distribute product to wider market

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