Lenovo eyes China phone lead

Investor's Business Daily

Yang Yuanqing, the Chinese computer and electronics maker's CEO, said Lenovo Group aims to be No. 1 in China smartphone sales in '13, ahead of current leader Samsung, and keeping Apple (AAPL) No. 3. A story in state-run China Daily quoted Yang saying innovation, distribution and operations will give Lenovo the lead. A recent report said Samsung sold 7.53 mil smartphones in China in Q3 vs. 6.96 mil for Lenovo and 2.08 mil for Apple, which started selling iPhone 5s there in Dec.

Rates

View Comments (0)