Chinese tech major Lenovo has turned into the second-greatest cell phone brand regarding esteem in front of Apple, Micromax and Oppo with a market share of 9.1 %, as indicated by the research firm IDC.Besides, the market share in terms of units sold of the company surged in the second quarter, making it the third largest smartphone brand in India, with share of 7.7 per cent, the report by IDC said.
According to IDC’s recent report released this month, both Motorola ( owned by Lenovo) and Lenovo combine emerged as the number two player in the second quarter of the financial year 2015-16.
“This is a huge milestone achieved by us, which has motivated and encouraged us further to go against all odds by creating meaningful and innovative, technologically-advanced products that enhance the consumer mobile experience,” said Sudhin Mathur, Director-Smartphones, Lenovo India.
Navkendar Singh, Senior Research Manager at IDC India however, said that IDC does not endorse data based on value, while it has backed volume shipments market shares of Lenovo.
The company recently launched mid-range Smartphones including K5 PLUS, ZUK Z1, Moto G4 Plus, and Moto X Play, among others in India.