Laptops may soon get the price cuts they’ve been seeking as the world’s largest smartphone maker Lenovo makes a big push into smartphones and tablets with its Kaby lake laptops.
The company said it’s targeting at least $100 in savings for the consumer as it looks to bring the price of the laptop down by 50 percent in 2018, as well as a cut of as much as 70 percent for business customers.
Lenovo is also announcing a new business price target of $150.
The news comes just days after the company announced a $1,500 price cut for the laptop, which will be available in a few months.
Lenovo has already dropped the price on the Kaby line by $100 on many of its laptops, and said this latest price cut would also come with a price cut.
Business users will get a 20 percent savings on the $1.99 price for the K4, which is a $300 lower version of the K5 that’s expected to go on sale in the coming months.
The Kaby 4 has a 4.6-inch touchscreen, a 1,920×1,080 resolution screen, Intel Core i5-6400U CPU, 8GB of RAM, 128GB SSD storage, and a 10.1-inch, 2560×1440 resolution display.
Its battery capacity is 1,890mAh, and it’s compatible with Windows 10, iOS 8, and Android.
Lenovo’s Kaby 8, a 2.6GHz quad-core processor and a 1080p screen with Nvidia’s Tegra X1 chip, is currently available in the U.S. and Europe.
Lenovo plans to introduce more of its devices in 2018 with a higher price point, but there’s no word on when the laptop price cuts will start.