Chinese PC maker Lenovo Group Ltd (聯想) has seen rapid growth in China’s smartphone market and aims at raising its share in the high-end market by cooperating with Taiwanese chip designer MediaTek Inc (聯發科), a Taipei-based research firm said recently.
DRAMeXchange Technology Inc, a research arm of advisory firm TrendForce (集邦科技), said in a report on Thursday that Lenovo led all Chinese smartphone makers in terms of shipments in the third quarter of this year.
Altogether, Chinese smartphone makers shipped about 60 million units in the July-to-September period, an increase of 8 percent from the second quarter.
Lenovo, which entered the smartphone sector only in the second quarter of this year, led all local vendors with 9 million units shipped, followed by Huawei Technologies Co’s (華為) 8.5 million units and ZTE Corp’s (中興) 7.5 million units, the report said.
In comparison to other PC makers that have turned to the smartphone market, Lenovo has a stronger pricing strategy and established sales channels, the report said.
EXPANSION
By meeting demand from various consumer groups, Lenovo is strengthening its market share and brand acceptance in the run-up to the company’s attempt to expand through strategies such as adding higher-priced models to its lineup and offering its products internationally, the report added.
As part of an attempt to strengthen its presence in the high-end market and expand to the global market, next year Lenovo may introduce new quad-core and dual-core chips, developed in cooperation with MediaTek, the report said.
The computer maker appears to be determined not to miss the boat on smartphones as the market is growing fast and has a lot of potential.
Lenovo and other Chinese companies are becoming a key part of the smartphone industry. Morgan Stanley forecast in July that China’s smartphone shipments will likely hit the range of between 150 million to 170 million units this year, thanks to rapid upgrades of feature phones.
Meanwhile, Taiwanese companies are also trying to stay ahead in this competitive industry by offering special features to their phones.
Last month, Taiwanese computer maker Acer Inc (宏碁) launched its first smartphone supporting its own personal cloud service in Taiwan as part of efforts to boost its smartphone sales next year. Carrying a price tag of NT$14,900 (US$510) in Taiwan, the cloud service-enabled S500 will go on sale in other Asian countries later this year, the company said.
HYBRID
Asustek Computer Inc (華碩) also launched its second-generation hybrid smartphone last month. The 4.7 inch Padfone 2 can be combined with a 10.1 inch tablet to provide the integrated functions of a mobile phone and a tablet computer.
Asustek said the Padfone lineup is seen as a “restart point” for its smartphone business and the company is dedicated to making its products more user-friendly.
Intel Corp chief executive officer Lip-Bu Tan (陳立武) is expected to meet with Taiwanese suppliers next month in conjunction with the opening of the Computex Taipei trade show, supply chain sources said on Monday. The visit, the first for Tan to Taiwan since assuming his new post last month, would be aimed at enhancing Intel’s ties with suppliers in Taiwan as he attempts to help turn around the struggling US chipmaker, the sources said. Tan is to hold a banquet to celebrate Intel’s 40-year presence in Taiwan before Computex opens on May 20 and invite dozens of Taiwanese suppliers to exchange views
Application-specific integrated circuit designer Faraday Technology Corp (智原) yesterday said that although revenue this quarter would decline 30 percent from last quarter, it retained its full-year forecast of revenue growth of 100 percent. The company attributed the quarterly drop to a slowdown in customers’ production of chips using Faraday’s advanced packaging technology. The company is still confident about its revenue growth this year, given its strong “design-win” — or the projects it won to help customers design their chips, Faraday president Steve Wang (王國雍) told an online earnings conference. “The design-win this year is better than we expected. We believe we will win
Chizuko Kimura has become the first female sushi chef in the world to win a Michelin star, fulfilling a promise she made to her dying husband to continue his legacy. The 54-year-old Japanese chef regained the Michelin star her late husband, Shunei Kimura, won three years ago for their Sushi Shunei restaurant in Paris. For Shunei Kimura, the star was a dream come true. However, the joy was short-lived. He died from cancer just three months later in June 2022. He was 65. The following year, the restaurant in the heart of Montmartre lost its star rating. Chizuko Kimura insisted that the new star is still down
While China’s leaders use their economic and political might to fight US President Donald Trump’s trade war “to the end,” its army of social media soldiers are embarking on a more humorous campaign online. Trump’s tariff blitz has seen Washington and Beijing impose eye-watering duties on imports from the other, fanning a standoff between the economic superpowers that has sparked global recession fears and sent markets into a tailspin. Trump says his policy is a response to years of being “ripped off” by other countries and aims to bring manufacturing to the US, forcing companies to employ US workers. However, China’s online warriors