Reports on China issued by Samsung Economic Research Institute
China's smartphone market is expanding at a rapid pace and is set to become the world's largest in the near future. Lenovo's share of this vast market is also quickly rising. As such, the company is taking the opportunity to expand its premium smartphone business. Levono designated its smartphone business as the group's core business and in January 2013, restructured the organization, splitting the group into two divisions; Think Business Group and Lenovo Business Group. However, Lenovo is still facing a variety of challenges in terms of its smartphone business and as a result it is making aggressive efforts to enhance its capabilities.
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