Lenovo to expand in mobile market
By Wang Xing | China Daily | Updated: 2010-04-20 08:02
BEIJING - Chinese computer maker Lenovo Group said on Monday it aims to become the biggest producer of mobile devices in China as the company tries to expand its presence outside its traditional PC turf.
Yang Yuanqing, chief executive of China's biggest PC maker, said Lenovo plans to gain a market share in China's mobile market that "equivalent" to its dominant position in PC market in the country.
"The mobile Internet device market would overtake traditional PCs in the next five years," said Yang, at the launch of the company's latest smartphone "LePhone". He expects mobile Internet products to account for 10 to 20 percent of Lenovo revenue in five years.
Photo