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JAN 30, 2013 - Yahoo! News

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China's Lenovo sets sights overseas in smartphone push

HONG KONG (Reuters) - 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. In its October-to-December third quarter, Lenovo shipped ... Read More

Tags: China's Lenovo sets sights overseas in smartphone push,  Apple Inc. Latest News