Two research organizations have ranked Lenovo Group Ltd. as second best computer developer in the world.

According to reports following a survey, it was found that there would be fewer personal computers that would be shipped in 2011. The customers are waiting for the approach of tablets in the market.

Reports state that a Lenovo tablet running on Windows 7 was previewed at January’s Electronics Show in Las Vegas.

On Tuesday, Chinese computer biggie Lenovo virtually launched a ThinkPad onslaught – announcing six new ThinkPad notebooks running Intel’s latest Sandy Bridge chips that facilitate faster as well as more power-efficient performance of the PCs, as compared to the older models.

One of the biggest computer companies of the world, Lenovo, has reported a twenty five percent jump in earnings due to a stronger Yuan and lower component costs.

Net profit of the firm was in the tune of $99.6m (£61.8m) in the three months that ended in December, up from seventy nine and half million dollars in the same quarter one year earlier.

In its endeavors to grab some share of the emerging `tablets' market, Chinese PC-maker Lenovo recently unveiled is first tablet - the LePad - at the Tuesday event for press and analysts, at the commencement this year's Consumer Electronics Show (CES) in Las Vegas.

Lenovo also announced at the event that it intends launching more tablet devices later this year.

The ultraportable Lenovo IdeaPad U260 which is scheduled for release on November 15th (this Monday) for $US895 proves to be an inch thin and Lenovo states it to be the first laptop that comes with a 12.5-inch display with an HD 16:9 screen.

Chinese PC maker Lenovo claims to bring in the latest video gaming console for the Chinese market and is in talks with a firm called Eedoo Technology.

The firm comprises of 40 engineers who are responsible to develop the technology for the game console.

Lenovo has released a tablet computer based on Google's Android operating system, named as the LePad, for the time being.

Aimed for a schedule release by the end of the year this device might fiddle with Apple’s aim of plunging in Chinese market.

Lenovo places its best enterprise step forward with the launch of five energy-competent desktop products loaded with features, sleek in design and bragging green credentials.

The M90z, for instance, is said to have gulped down 65 plastic bottles.

After reports that Lenovo is primed to take over Palm, many analysts are stressing that it is unlikely that the Chinese company will buy palm. Earlier, leading smartphone maker HTC had bowed out of the race.