Lenovo Group Ltd. (992), the world's second-biggest maker of personal computers, said new devices based on Microsoft Corp. (MSFT)'s Windows RT software will cost $200 to $300 less than competing products using Windows 8 software.
Microsoft plans to release two versions of its new operating system this October to bring a new touch-screen interface to computers and tablets that will better help it compete against Apple Inc. (AAPL)'s iPad. Windows 8 works on chips made by Intel Corp. (INTC) and Advanced Micro Devices Inc. (AMD) while Windows RT works on ARM Holdings Plc (ARM) technology-based chips, a standard that dominates in mobile phones.
"RT will play in consumer and retail at very aggressive price points," said David Schmoock, head of Lenovo's North America operations. "It will do well but it's going to be more of a consumer price point play to begin with," he said, in an interview today.