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ECONOMY
THIS WEEK> THIS WEEK NO. 34, 2012> ECONOMY
UPDATED: August 17, 2012 NO. 34 AUGUST 23, 2012
Overseas Ambition
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Lenovo Mobile Communication Technology Ltd., one of China's biggest mobile handset manufacturers, is seeking to become the second leading brand in the Philippine handset market.

As the smartphone market in the Philippines increases dramatically, Lenovo's distributor, Open Communications, is "committed to offer more affordable, cutting-edge devices, superior customer service and relevant value-added services to Filipinos," said John Rojo, Open Communications' Business Unit Head.

Rojo said in the next few months, Lenovo Mobile will introduce more phones in the local market to target both entry level devices in the 5,000 pesos ($119.33) price range as well as top-of-the-line devices.

In May, Lenovo took up 11 percent of China's mobile phone market, making it the second largest market leader next only to Samsung.



 
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