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"
5/28/2013 12:27:00 AM
I also really like Lenovo entering this space, about time someone other than HTC is releasing nice hardware
"We don't know how to make a $500 computer that's not a piece of junk." -- Apple CEO Steve Jobs
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
HTC J Butterfly Announced by Japan's KDDI, Packs LTE-A Carrier Aggregation
July 31, 2014, 2:34 PM
T-Mobile Subscriber Numbers Surpass 50 Million, Sees Q2 Profit of $391M
July 31, 2014, 12:24 PM
Verizon Wireless Launches 5.7", 960x540 LG G Vista Smartphone for $400 Off Contract
July 31, 2014, 11:02 AM
Mini-Me: Xperia Z3's Petite Companion, Xperia Z3 Mini Leaks
July 31, 2014, 9:40 AM
Samsung Reports Lower Smartphone Sales, Operating Profit Falls 25% YoY
July 31, 2014, 8:55 AM
Xbox One's Release Date in China Set for September 23
July 30, 2014, 1:15 PM
Most Popular Articles
Facebook Will Force Android, iOS Users to Use Messenger App This Week
July 29, 2014, 11:26 AM
Sony's Xperia Z3 Gets Detailed in Leaked Photos
July 25, 2014, 2:30 PM
Ford's Extensive Use of Aluminum in '15 F-150 Results in $395 Increase for Base Models
July 28, 2014, 3:02 PM
Pentagon's Priciest Project, F-35, Misses International Debut
July 25, 2014, 10:18 AM
T-Mobile CEO John Legere is on the Warpath Again; Introduces $100, 10GB Family Plan
July 28, 2014, 10:12 AM
Latest Blog Posts
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
Tesla vs. BMW: Who Has the Safer EV?
Feb 1, 2014, 2:56 PM
Justice Leaks Details of Next HTC One Two Flagship Phone
Dec 5, 2013, 4:04 PM
More Blog Posts
Copyright 2014 DailyTech LLC. -
Terms, Conditions & Privacy Information