Chinese mainland's Lenovo Group Ltd., which acquired IBM's personal computer business last year, set up a new office and flagship store Wednesday in Taipei 101, the world's tallest office building, according to a report reaching here from Taipei.

Lenovo Taiwan General Manager Huang Wei-teh said the opening of the group's largest flagship store in Asia outside of the Chinese mainland symbolizes its brand value as the company tries to give consumers a new impression of Lenovo products.

Ravi Marwaha, Lenovo vice president for global operations and chief executive officer for Asia, cut the ribbon for the Taipei store.

"This is also an indication that Lenovo is determined to increase its presence in Taiwan and work harder to expand its market here," Marwaha said.

Lenovo Taiwan was established in August last year, three months after the Chinese mainland's computer giant took over IBM's personal computer arm.

Huang said Lenovo products did not sell well in the Taiwan market in the first two quarters of this year but he predicted that sales would pick up in the third quarter.

Source: Xinhua