Lenovo accelerating smart phones & tablets development
Lenovo are not the first company that springs to mind when thinking about the best smartphones and other mobile devices, but the manufacturer is accelerating its smartphone and tablet development with a huge investment.
The company has announced that it will pump in around $800 million into a new mobile focused facility, which according to SlashGear will be tasked with investigating and producing innovative smartphones, tablets, and other mobile devices. The Chinese company will open the new plant located in Wuhan, China, which will concentrate on the R&D of the production and sales of smartphones, tablets that will cover both the Chinese and global markets.
Lenovo has revealed that the company is looking to achieve $1.59 billion in sales income by 2014, and increase this by five times within the next five years. CEO and group chairman, Yang Yuanqing, said that the company is aggressively going “forward into the PC Plus era, and with our Mobile Internet Digital Home group actively engaged, we are accelerating development in smart phones, tablets, and other mobile Internet terminal markets”.
Yuanqing added that the company is “determined to firmly seize the tremendous opportunities for innovation in this market, so that Lenovo’s customers have even more opportunities to own our award-winning products, from PCs to mobile Internet devices”.
These products will likely use design ideas from some of the company’s existing designs that includes the Yoga Windows 8 tablet, and its IdeaPad and ThinkPad tablet PC models. It could also include the S2 Android smartphone, and the company has also signed a deal with Intel to make use of the new Atom Medfield chips in future smartphones.
The company currently has a good market share in China, but its products are not so well known in the US and Europe so its plans are certainly ambitious. Would you ever consider a Lenovo product?