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Lenovo aims to expand PC market share
(AP)
Updated: 2005-09-28 21:00

Lenovo's shares climbed 1.4 percent on Wednesday, outperforming the Hong Kong benchmark's 0.2 percent gain.

Earlier this week, however, Chairman Yang Yuanqing cautioned that investors should lower their expectations for rapid growth while the company focuses on the long term.

"When our stock price went down after the acquisition I told our investors: You should have more confidence in this company," Yang told Reuters in an interview in Dubai.

"Right now I want to tell our investors to calm down and give us more time to fully integrate to get better performance."

Lenovo has no plans for now to open factories outside of China, the executive added.

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