Wednesday, October 17, 2018

LENOVO TO MANUFACTURE UP TO 1 MN SMARTPHONE UNITS PER MONTH IN INDIA IN 2019


PC and mobile maker Lenovo plans to work up its smartphone production capability up to one million units per month in 2019, a high official of the corporate same sixteen Oct.

“We create mobile phones in Asian nation at our partners' mill. at the present we've a production capability of one hundred,000 per month that we have a tendency to arrange to increase within the vary of five hundred,000 to one million units per month by the top of 2019,” Lenovo cluster vice chairman Edward Yangtze River told PTI.

The capability enlargement doesn't embrace volume of Motorola phones — a whole that is closely-held by Lenovo.

The company has entered into associate degree exclusive partnership with e-commerce platform Flipkart to sell its phone in Asian nation.

The company launched 3 smartphones in sub-Rs ten,000 worth phase, Lenovo K9 for Rs eight,999 and 2 models of Lenovo A5 for five,999 and Rs vi,999 at a happening on sixteen Oct.

“We have partnered solely with Flipkart as a result of the share of on-line and offline market are equal in Asian nation by 2020. this suggests it's 60-70 million units business chance per annum,” Yangtze River same.

Lenovo with its another whole Motorola was once among the highest 3 smartphone sellers in Asian nation. Its share, however, slipped to six p.c within the half-moon of 2017 from nine p.c within the half-moon of 2017.

Chang same that the corporate currently needs to concentrate on whole expertise instead of market share.

“We ar currently wanting to maneuver towards sensible Internet-of-things. Lenovo can mix computer portfolio with sensiblephone and a few wearable for smart IoT. within the half-moon of 2019 we'll bring our flagship phone in Asian nation. we have a tendency to ar in discussion with Flipkart to customize it for Indian market,” he said.



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