HomeAbout

TL;DR CNBC


Lenovo bets its Motorola smartphone brand will be the third-biggest globally in 3 years - TL;DR CNBC

Lenovo bets its Motorola smartphone brand will be the third-biggest globally in 3 years

Publishing timestamp: 2024-01-19 09:11:13


Summary

Lenovo, the owner of the Motorola brand, believes that Motorola will become the third-largest smartphone player in the world within three years. The company is focusing on the premium segment of the market and has seen success with the launch of the foldable Motorola Razr smartphone. Lenovo is also targeting growth in specific markets, such as the US and Latin America, and is considering expanding its manufacturing plant in India.


Sentiment: MIXED

Tickers: 992-HKAAPLGOOGL

Keywords: asia economymobile phoneslenovo group ltdapple incbusiness newsalphabet incsmartphonesswitzerlandbreaking news: technologytechnology

Source: https://www.cnbc.com/2024/01/19/lenovo-bets-motorola-will-be-the-third-biggest-smartphone-player-in-3-years.html


Developed by Leo Phan