Of course many smartphone vendors, including Huawei, BlackBerry and Samsung, have been trying to make waves in these emerging markets over the past few years. But Lenovo’s brand recognition and big marketing budget give it an edge to push its way into markets where it doesn’t have a big presence selling smartphones. Lenovo will get a particular boost in countries such as Brazil where it’s done a good job of selling PCs despite a declining overall market.
Mr Yang said, “we hope the smart shareholders’ money. Unless entities can bring good returns to shareholders, or I don’t think we will to make acquisitions. Acquisition is not an end, it is just a tool.”
Lenovo CEO Yang Yuanqing said in an interview with Bloomberg this week that his company has found success by focusing its efforts in the sale of smartphones in Asia, where the iPhone is considered too expensive. considering these results , Lenovo plans to continue on this path to achieve global expansion .
For his next wave of Lenovo A269i Black smartphone sales , Lenovo expected to begin from the Middle East, Africa and Latin America. On this way the company will be present in a total of 30 markets , a significant growth compared to 10 in which is currently in competition.
Lenovo group’s chief financial officer Huang Weiming said in a telephone conference on Thursday, not for the sake of lenovo group is a Chinese company, which the government has told that lenovo can’t buy the country’s assets. Canada’s globe and mail newspaper had reported that lenovo group in actively considering a bid for blackberry, but due to the government of Canada, on national security grounds for blackberry may not accept lenovo group offer, lead to the deal could not attend.
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