After a successful launch of mobiles in the past couple of years, Chinese Company Lenovo stated that it was intended and committed to India in the area of manufacturing and the R&D. Many companies don’t reveal their Smartphone line-up in the current trend but Lenovo already did that for the Indian market by revealing the upcoming projects. The below are the lines spoken by the Company’s Chairman and Chief Executive Yang Yuanqing himself.
“In three years, we have reached a revenue of $2.5 billion (roughly Rs. 16,540 crores) in India compared to a target of $800 million (roughly Rs. 5,292 crores) when we came to this country which is fast evolving in the area of technology,”
“We are looking to be the top four of 50 companies operating in India. Currently we are third in terms of rank in the smartphones category,” he added.
At the event, Lenovo Chief Marketing Officer David Roman also showed off the company’s new logo, unveiled earlier this year. A first in that it was crowd-sourced with ideas taken from the brand’s followers, finalized into a new look. Along with that, he also showed off Lenovo’s new tagline, “Innovation never stands still”.
It looks like Lenovo has some pretty big plans for the Indian Market and stated that they got huge plans for the R&D apart from hardware business in India. Amit Boni, Head of Motorola India at an event mentioned that their Latest Smartphone after Moto X Style, Moto X Force is coming to India soon but he did not hint about the arrival date or any other details. Already Moto X Force released in US and it sports a shattered display which is reportedly unbreakable.
Source: NDTV Gadgets