Monday, May 27, 2013

Lenovo Aiming at US Smartphone Market


It has been reported that Lenovo is at US smartphone market within a year as its PC sales stall.

Yang Yuanqing, CEO of the Chinese hardware giant, told the Wall Street Journal that smartphones represent a “new opportunity” for the firm to grow, especially as demand for PCs continues to wane.

“The competition landscape in the US smart phone market is far more challenging for new comers, with Apple and Samsung dominating over 70 per cent share,” says Canalys research director, Nicole Peng.


Despite its US plans, it is the huge domestic smartphone market, which Gartner predicted Lenovo will take the lead in this year, that is set to drive the majority of volume, Peng added.

( via The Register )
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