Lenovo Bets Big On India To Fix Dropping Smartphone Biz
After reporting its first loss in six years, Chinese technology major Lenovo is now betting big on the Indian market to fix the dropping smartphone business. Lenovo, which received about USD one billion in revenue from India last year, is also looking at bringing in more premium devices here, including new Moto Z smartphones that can be customized with ‘mods’. “We will continue to invest in the market and grow our share here, there is a strong long term potential,” PTI report published in Economic Times quoted Lenovo Senior Vice President and...