Lenovo, which is among the top mobile brands in its home country in China, is aiming to launch smartphones in the U.S. Lenovo has been launching attractive, impressive, and inexpensive handsets with the Android operating system but these devices are currently available only in China and other emerging markets. According to The Wall Street Journal, Lenovo CEO Yanh Yuanqing said the company is launching handsets in the U.S. within a year.
What Else You Need To Know
- Lenovo is second only to Samsung in the lucrative Chinese smartphone market.
- Lenovo is already among the world's biggest PC vendors but needs to gain ground in the lucrative mobile devices market amid declining demand for traditional notebooks and desktops.
- Eight years ago, to quickly gain PC market share outside China, Lenovo bought IBM's personal-computing business, including the ThinkPad brand, for $1.75 billion.
As the PC market continues to decline, the mobile market is an important opportunity for all companies that currently rely primarily on the notebooks/desktop market.- Andrew Grush, Mobile Magazine
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