Lenovo routine: Lenovo mobile phone to launch a price war to cut off industry profits

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 Lenovo routine: Lenovo mobile phone to launch a price war to cut off industry profits


The vice president of Lenovo Group and the head of China Mobile Business, Chang Cheng, declared that Lenovo mobile phones would launch a price war in China and cut off the profits of other manufacturers in the past. Chang Cheng said that Lenovo mobile phone shipments in the Chinese market for four consecutive months against the trend of growth, growth rate of more than 70%. The data also show that Lenovo mobile phone sales in the domestic market grew by 85% from April to September this year, and the growth rate is much higher than that of other manufacturers in the downturn of the whole industry.

Source: Liable Editor of Securities Times Network: Yao Liwei_NT6056