The company hoped to sell millions of its new line of smartphones in one to five years, and tens of millions in the future, said President and Chief Operating Officer Rory Read at a media briefing on Monday.
He added that mobile Internet devices, which include popular low-cost netbooks, currently accounted for only a low single-digit percentage among of Lenovo's annual sales.
"The market in the smartphone space is just emerging in China," Read said. "It's just the beginning."
The mobile Internet devices market would overtake traditional PCs in the next five years, Chief Executive Yang Yuanqing, said as the company launched new mobile Internet products at an event in Beijing.
Lenovo sees mobile Internet as sales driver
Posted on Tuesday, April 20 2010 @ 2:30 CEST by Thomas De Maesschalck