Lenovo to cooperate with China Mobile to sell smartphones
December 23, 2010 Category Uncategorized
Lenovo hopes to secure an agreement with China Mobile to sell its smartphones in China. Research firm Analysys International estimated that Lenovo had a 4.1% market share to take 7th place among the top 10 smartphone brands in China in the third quarter. Global brands Nokia, Samsung Electronics, Motorola, Sony Ericsson, Apple and BlackBerry maker Research In Motion (RIM) remained ahead of Lenovo in domestic smartphone sales, with a combined market share of 74.9%. Lenovo’s mobile business, which still sells more 2G handsets, posted a consolidated turnover of USD217 million in the quarter to September. Its overall unit shipments in the quarter grew 57% year on year. Lenovo planned to invest more in its mobile business to accelerate sales growth for its LePhone and LePad products. A deal with China Mobile would mean Lenovo’s engineers must adapt LePhone, which runs a customized version of the Google-developed Android operating system, to the carrier’s TD-SCDMA 3G network. The current LePhone models support China Telecom’s CDMA2000 EV-DO 3G network and Unicom’s more mature WCDMA 3G system.
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