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Even if neighboring countries in Southeast Asia have the advantage of using advances in technology ahead, the Philippines remains an integral market according to an official of Lenovo.
Lenovo, a Chinese multinational technology company specializing in designing, manufacturing, and marketing gadgets, software, business solutions, and related services, sees strong demand for its products in the Philippines.
"The only question is how the consumers get the technology. The pandemic has even made the demand in the Philippines surge because of the digital transformation, unlike pre-pandemic where everyone is scrambling," according to Gian Carlo Nogales, a representative of the Infrastructure Solutions Services Sales of Lenovo Philippines
"Right now, because of the transformation, growth is very evident. In other words, investments, including Lenovo technologies are still in demand in the market," Nogales said at the sidelines of the VST ECS CXO Tech Summit at the Dusit Thani in Mactan Cebu.
"In terms of devices, the Philippines is actually doing well," he added.
Last August, the company said that over the next three years, Lenovo is committing a further $1 billion in investment for artificial intelligence that will focus on providing AI devices, AI-ready, and AI-optimized computing infrastructure, and embedded AI-generated content into the intelligent solutions of vertical industries to help customers improve their productivity.
Lenovo in September 2023 has unveiled new cutting-edge technology tools and essentials tailored to empower the dynamic, evolving needs of today's business end-users.
It said that the new monitor, software, and accessories are not only designed to boost the capabilities of remote and hybrid workforces but also address significant challenges faced by businesses in the digitalization trend.