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China's top smartphone vendor (RCR Mobile Minute)

Martha DeGrasse
By Martha DeGrasse
Mobile Minute
Mobile Minute:
Researchers are not in agreement on who is dominating the world’s largest smartphone market – they just know it isn’t Samsung. IDC says that Lenovo is China’s top smartphone vendor with 12.5% of the market, while Canalys claims that Xiaomi dominates with a 14% share. Samsung’s share hovers around 12%.
Whoever is in the lead now, Lenovo would seem to be the Chinese smartphone vendor to watch, at least for U.S. consumers. The company plays in the U.S. market as well as in Asia, and its U.S. presence will increase significantly when it closes on its purchase of Motorola Mobility. During the most recent quarter, Lenovo sold more smartphones than personal computers, and saw its revenue surge 18% versus the year-ago quarter. Profits rose 23%.
One of the products Lenovo will inherit later this year when it closes on its Motorola purchase is the Moto 360 smart watch. For more on that see today’s video below.		 Other top stories:

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ABOUT AUTHOR

Martha DeGrasse
Martha DeGrassehttp://www.nbreports.com
Martha DeGrasse is the publisher of Network Builder Reports (nbreports.com). At RCR, Martha authored more than 20 in-depth feature reports and more than 2,400 news articles. She also created the Mobile Minute and the 5 Things to Know Today series. Prior to joining RCR Wireless News, Martha produced business and technology news for CNN and Dow Jones in New York and managed the online editorial group at Hoover’s Online before taking a number of years off to be at home when her children were young. Martha is the board president of Austin's Trinity Center and is a member of the Women's Wireless Leadership Forum.

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