Lenovo To Unveil Smartphone Under Rs 5000 Price Tag

Jun 10, 13 Lenovo To Unveil Smartphone Under Rs 5000 Price Tag

Lenovo – the Chinese computer manufacturer is betting big on emerging smartphone market for now. It sells almost around 60 models and is quite successful on the home grounds.

Not so long, it had recently unveiled six android based smartphones in India and is now getting ready to add-up one more to its line-up.

The K900 was launched in the Indian Market last week with a price tag of Rs. 32,999. Notably, the same device was showcased at CES earlier this year.

According to Lenovo sources, the new model which is ready for roll out is likely to be priced below RS.5000. Seems like the move comes from shrinking PC (personal computer) sales that had inwardly affected the revenue for the company.

In-order to generate more revenue, Lenovo makes a sincere try to make-up for the decreasing numbers by entering the Smartphone market.

Commenting on the same Nick Reynolds Executive Manager, Worldwide Product Marketing for Lenovo said,”We are watching the space because we know there are people who are upgrading from feature phones to smartphones, and that is a big trend in emerging markets today.”

Micromax, Lava and Karbonn, the Indigenous brands that have already placed themselves in favorable position in the market. These brands are well-recognized in the Indian market for their budget devices and are competing against the giants like Nokia and Samsung.

Lenovo is expected to join the race along with them. Some of the recently launches along with K900 include P780, S920, S820, A706 and A390.

The models are available across the country through retail outlets and Lenovo plans to expand by opening more retail stores in Indian to gain reach in the region.

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