Lenovo APAC President Ken Wong Says India Is a Very 'Dynamic' Gaming Mark
“India’s population is so big you do not need many people to get into gaming to become a sizeable market. That is why we also picked India as a focus market in terms of gaming. There is a sizeable population that is really into gaming,” Ken Wong, President Asia Pacific & Senior Vice President at Lenovo Group knowledgeable PTI in an interview all through IFA 2017 event in Berlin.
That is why there was a newest launch of the Legion mannequin gaming PC in India, he acknowledged.
“We are receiving very good feedback on Legion. And I strongly believe that this market will continue to grow in India,” Wong added.
The devoted gaming PCs Legion Y520 and Y720 had been launched in India in May this 12 months.
The agency’s new gaming headsets – augmented actuality (AR) powered ‘Star Wars : Jedi Challenges‘ and mixed/digital actuality (VR) creator ‘Lenovo Explorer‘- pulled in a lot of gaming fanatics, particularly Star Wars followers to the Lenovo gross sales area on the Europe’s best shopper gadgets and electronics current IFA 2017.
Even as these new gaming devices shouldn’t be going to be on the market in India, Wong sees it is a very dynamic market.
“When we talk about market, India is a very dynamic market. We see very high end and extreme requirements. There are also many main stream requirements, for example, gaming on the phone,” Wong acknowledged.
Elaborating on gaming merchandise, Wong acknowledged a lot of points are occurring throughout the east publish of the Asia Pacific space and governments are moreover supporting this because of earnings potential.
“I do a lot of interaction with completely totally different governments, cities, worldwide places, areas. A typical issue that is coming out is that governments are actually inserting a lot of belongings in supporting the gaming commerce. I was born in Hong Kong and keep there, the federal authorities is inserting a lot into gaming.
Singapore is doing the similar because it’s occurring far and wide and I consider India can be the similar (type),” he added.
Wong acknowledged the reason is not about gaming as such nevertheless it is in regards to the economics in regards to the gaming.
“Imagine the technology involved, the coding, which I think is a very strong part of India. Software development, coding is the number one pillar that I can think of as a strength of India. Events like Asian games are very important revenue streams,” he acknowledged.
Wong acknowledged Lenovo is inserting in a lot of pondering into gaming devices and that is the explanation it has upgraded the gaming PCs beneath Lenovo Legion mannequin.
“If you look at our endeavour, I think we are putting in $1.2-1.3 billion (roughly Rs. 7,657 – 8,295 crores) on an annual basis (into gaming products),” he acknowledged.
Gaming is simply not like a casual (train) in Asia Pacific, nevertheless given the size of millennial, they not solely want premium merchandise however moreover must get pleasure from life by know-how.
“The market is actually moving toward more premium, we actually see more growth from the premium side of the market.”
“We have seen some very good results in the past 12 months. We are number one in Malaysia in terms of market share, we have been enjoying at least double digit premium to the market growth in terms of gaming in India, Thailand, Malaysia, Philippines and Singapore,” Wong acknowledged.
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