Lenovo Eyes Smartphone Push in the U.S.
May 27, 2013 9:39 AM
comment(s) - last by
Lenovo remains mum on its exact plans
The fact that many people are turning to smartphones and tablets rather than notebooks has left many computer manufacturers scrambling to find anything to help increase sales and profit. One of the largest computer manufacturers in the world, Lenovo, has announced that it plans to begin pushing smartphones in the U.S. as PC sales continue to decline.
Lenovo's CEO believes that smartphones present the company a "new opportunity" to grow. PC shipments are reportedly expected to grow only 3 to 4% this year in China, despite the fact that China is one of the biggest growth sectors in the world. In Western Europe, computer shipments are expected to decline for the 11th quarter in a row.
Lenovo is facing a challenge to enter the smartphone market because it doesn't have the name recognition for smartphones that other manufacturers in the U.S. enjoy. There are no specifics available on Lenovo smartphone plans at this point, but odds are the plans will involve Android.
Lenovo teased the U.S. audience by announcing the sleek,
Intel Atom-powered K900 smartphone at CES 2013
, but repeated its familiar mantra that it wasn’t for U.S. consumption.
Analyst Nicole Peng said, "The competition landscape in the U.S. smartphone market is far more challenging for newcomers, with Apple and Samsung dominating over 70 per cent share."
“However to start selling smartphones in the U.S., more importantly to gain carrier support is strategically important for Lenovo’s overall PC+ strategy globally.”
Despite sluggish computer sales in 2012, Lenovo did report
strong Q4 earnings
This article is over a month old, voting and posting comments is disabled
RE: "odds are the plans will involve Android"
5/27/2013 4:37:11 PM
I'd buy it. Take my money now... Especially if it was made by Lenovo. Great quality stuff.
"I want people to see my movies in the best formats possible. For [Paramount] to deny people who have Blu-ray sucks!" -- Movie Director Michael Bay
Lenovo Reports Solid Fiscal Q4, Full-Year Financials
May 23, 2013, 9:22 AM
CES 2013: Lenovo Sets the Bar High with Its 5.5", 1080p K900 "Superphone"
January 8, 2013, 11:04 PM
Verizon Wireless Unlimited LTE Customers Rejoice; Throttling Campaign Canceled
October 1, 2014, 4:57 PM
Quick Note: Apple's iPhone 6 Billboards are Ironically Bent
October 1, 2014, 4:55 PM
Now Verizon Wireless is Jumping on the "Double Data" Bandwagon
October 1, 2014, 2:50 PM
Sprint Counters AT&T’s Double Data Promotion, Offers Even Larger Data Pools
October 1, 2014, 1:38 PM
Report: Microsoft’s Lumia 530 to Hit T-Mobile This Month for $69 Off-contract
October 1, 2014, 9:10 AM
Quick Note: Pebble, Pebble Steel Smartwatches Reduced to $99, $199 Respectively
September 30, 2014, 3:59 PM
Most Popular Articles
New AT&T Mobile Share Value "Double Data" Promotion Lasts Through October
September 28, 2014, 8:32 AM
TiVo Mega Features 24TB of Storage, Can Record Three Years* Worth of TV Content
September 8, 2014, 8:45 AM
Tesla Motors Confirms Nevada Gigafactory Deal, Will Receive $1.25B in Tax Breaks
September 4, 2014, 8:24 PM
FBI Outraged That Apple, Google are Adopting Digital "Locks" to Protect Users
September 26, 2014, 1:00 PM
Samsung Takes on All Challengers with 5.7” Galaxy Note 4, 5.6” Galaxy Note Edge
September 3, 2014, 10:00 AM
Latest Blog Posts
The Surface Mini That Was Never Released Gets "Hands On" Treatment
Sep 26, 2014, 8:22 AM
ISIS Imposes Ban on Teaching Evolution in Iraq
Sep 17, 2014, 5:22 PM
Space Terrorism is a Looming Threat For the United States
Apr 23, 2014, 7:47 PM
Facebook Aims to Provide Internet to "Every Person in the World" with Drones, Satellites
Apr 1, 2014, 10:20 AM
Retail Mobile Sites Experience Outages in Light of Simplexity's Bankruptcy
Mar 14, 2014, 8:48 AM
More Blog Posts
Copyright 2014 DailyTech LLC. -
Terms, Conditions & Privacy Information