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Lenovo Aims to Beat Samsung as China's Top Smartphone Maker

By - Source: Xinhua News | B 5 comments

PC manufacturer has 14.2 percent share in market vs Samsung's 15.31 percent hold.

Lenovo has said that it aims to replace Samsung as China's top smartphone manufacturer.

The company's CEO Yang Yuanqing said in an interview with Xinhua News that the firm will utilize innovation and solid distribution operations to replace Samsung, which accounts for 15.21 percent of the market, as the leading smartphone maker in the region.

"Lenovo does not want to be the second player ... we want to be the best. Lenovo has the confidence to outperform Samsung and Apple, at least in the Chinese market."

Data from Analysys International shows that the PC manufacturer has experienced considerable growth in the country over the last year; it saw its market share increase to 14.2 percent during 2012's third quarter, representing an increase when compared to 4.8 percent in 2011. Lenovo launched 46 smartphones in China last year. Comparatively, Apple released one model of the iPhone.

IDC analysts said that the former has increased its market share due to "aggressive ramping-up and improvements in channel partnerships". Analysys International analyst Wang Ying added: "Lenovo possesses an obvious advantage over rivals in terms of sales channels."

The firm has spent $793.5 million in Wuhan in order to build a plant that can produce 30 to 40 million smartphones a year. Lenovo was the first to offer smartphones and tablets in mainland China and reported sales of $8.7 billion during 2012's fiscal second quarter.

 

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  • 4 Hide
    house70 , January 14, 2013 10:24 AM
    Lenovo, make a great phone (hardware-wise), slap AOSP on it (pure Android), open -source your code and flood the market with it. Then you'll have not only China, but the entire world.
  • 3 Hide
    Anonymous , January 14, 2013 10:25 AM
    The nexus 4 is made by LG¿!
  • 4 Hide
    lockhrt999 , January 14, 2013 10:50 AM
    They must be having good phones over there. Till I read this news I didn't even know that they make phones too.
  • 1 Hide
    amdwilliam1985 , January 14, 2013 12:42 PM
    Is there some licensing issue or [Google] agreement issue with AOSP? Why is no OEM offering it?
    It just doesn't make sense.
    Why would these company, especially new comer and smaller players hire their own dev team to put on their own ugly/slow skin when they can just take AOSP and make it compatible. This way they can save money on the dev budget and cycle, and the customers will be happy, because it'll be semi-Nexus phone.
  • 0 Hide
    robochump , January 14, 2013 6:06 PM
    house70Lenovo, make a great phone (hardware-wise), slap AOSP on it (pure Android), open -source your code and flood the market with it. Then you'll have not only China, but the entire world.


    And see millions of useless phones riddled with viruses...lol. Lenovo has allot of work to do and Apple has yet to join China's largest cell provider. Will be fun to see the competition fight it out!