Lenovo Group Ltd is stepping up its overseas expansion in the smartphone business after enjoying solid growth at home in China, as the world’s No.2 maker of personal computers seeks to offset slowing growth in the traditional PC sector.
Lenovo, also the second-biggest smartphone vendor in China, has begun selling smartphones in countries including Russia, Indonesia, the Philippines and Vietnam, although analysts said it faced stiff competition from major players like Samsung Electronics Co Ltd and Apple Inc.
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Lee Chyen Yee, Reuters via CHINA US Focus http://feedproxy.google.com/~r/ChinaUsFocus/~3/ABYfDYmCIaM/
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