B2B Payments

Lenovo Urges Biz To Procure High-Tech Hardware

Technology conglomerate Lenovo is promoting the procurement of high-technology goods and software among businesses in Hong Kong, and the firm has reportedly recruited other businesses to help out the push.

In a report published Friday (May 29), Lenovo revealed a new partnership with China’s largest eCommerce service platform Cogobuy Group and its hardware innovation arm INGDAN.com platform. The collaboration aims to accelerate and promote the development of the intelligent hardware industry in the nation with a goal of increasing businesses’ access to these tools.

According to Cogobuy CEO Jeffrey Kang, the partnership will play a major role in the innovation of enterprise-focused hardware. “The Internet is a catalyst of innovation,” he said in a statement. “Under the era of ‘Internet+m’ intelligent hardware represents and upgrade in the traditional electronics manufacturing industry.”

The companies said that INGDAN.com has access to top-rated parts for hardware thanks to the suppliers that use Cogobuy to reach buyers. Collectively, their resources will provide Lenovo with greater supply chain supports, reports said, while INGDAN.com can also handle marketing of Lenovo products to businesses.

For INGDAN.com, Lenovo will reportedly lend its cloud computing services to strengthen the platform’s offerings.

The hardware industry has largely turned its attention to B2B efforts in recent months. Earlier this year, hardware retailer TigerDirect announced plans to ditch the B2C model and operate exclusively for enterprise efforts.

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