LENOVO EMERGES AS THE BIGGEST
4G SMARTPHONE BRAND IN INDIA
Ranks Fifth in Smartphone
Market share in terms of volume
India, August 25, 2015: Lenovo (HKSE: 992) (ADR: LNVGY) has emerged as
the biggest 4G smartphone brand in India according to the IDC’s Asia/Pacific
Quarterly Mobile Phone Tracker, Q2, 2015 ( August 2015 release) with a whopping
29.4 per cent market share of the 4G smartphone market. Lenovo is leading the
market trend with its aggressively priced 4G LTE smartphone portfolio, with
over a million 4G devices sold during Q2, 2015. Over 3.5 million 4G smartphones
have been sold in India in Q2 (AMJ) 2015.
According to IDC’s Asia/ Pacific Quarterly
Mobile Phone Tracker, Q2, 2015 (August 2015 release), Lenovo is the fifth
largest smartphone brand with 4.4 per cent share of the Indian smartphone
market in Q2 2015. Lenovo witnessed immense success with its wide portfolio of
4G smartphones like the A6000, A7000, A6000 Plus and now the K3 Note.
Sharing his thoughts on this achievement, Mr.
Sudhin Mathur, Director, Smartphones, Lenovo India said “India is one of
the most important growth markets for Lenovo smartphones. We have been at
the forefront of technology ahead of time and created a niche in the market
with a robust portfolio of 4G smartphones. We will continue to lead the
technological curve and introduce more innovative, future-proof devices and
expand our reach in Tier II and Tier III cities across the country.”
Lenovo has seen phenomenal growth this year
with 3.3 times increase in sales in Q2 2015-16 as compared to sales in the
corresponding quarter last year. Overall the shipment of smartphones to
India has increased by 44% as compared to the same time period last year. IDC
has also reported that 26.5 million smartphones were shipped to India during Q2
2015.
Lenovo’s presence in both online & offline channels
has provided consumers with better access to its smartphone portfolio in more
than 1000 cities/towns across the country.
ABOUT LENOVO
Lenovo (HKSE:
992) (ADR: LNVGY) is a $39 billion global Fortune 500 company and a leader in
providing innovative consumer, commercial, and enterprise technology. Our
portfolio of high-quality, secure products and services covers PCs (including
the legendary Think and multimode YOGA brands), workstations, servers, storage,
smart TVs and a family of mobile products like smartphones (including the
Motorola brand), tablets and apps. Join us on LinkedIn,
follow us on Facebook or Twitter
(@Lenovo) or visit us at www.lenovo.com.
Comments
Post a Comment