Bottom line: The presence of the CEOs of Microsoft and Intel at a Lenovo tech fest in Beijing represent the struggles that all 3 former PC giants are facing, and how each is looking to China in a bid to reverse its slide.
It’s not often that anyone uses the term Wintel anymore, which refers to the duopoly of Microsoft’s (Nasdaq: MSFT) Windows operating system (OS) and central microprocessing chips from Intel (Nasdaq: INTC) that dominated the computing world for decades. But Wintel was center stage this week in Beijing, in a rare case where the CEOs of both Microsoft and Intel shared the stage with the CEO of Lenovo (HKEx: 992), the world’s largest PC maker, which was holding a bash to launch a wide range of new products.
Lenovo has been steadily hyping this event that finally took place on Thursday, where it unveiled a wide range of new products like a dual-screen smart watch and laser projector smartphone, all of which looked interesting but not too exceptional. I wasn’t planning on writing about the event at all for that reason, until I spotted the photo featuring Lenovo CEO Yang Yuanqing taking a selfie of himself with Microsoft CEO Satya Nadella and Intel CEO Brian Krzanich at the Lenovo Tech World event in Beijing. Read Full Post…