Motorola to bring 4G smartphones to India next year
12 Dec 2014
In a bid to expand its market share, Motorola Mobility, now owned by Chinese PC giant Lenovo, plans to bring 4G smartphones to India next year, one of its priority markets along with Brazil.
It believes its dominance would be critical for its global turnaround even as it banks on Lenovo's supply chain scale to improve value proposition of its products for end consumers, The Economic Times reported
The US smartphone maker, which was now the third-largest worldwide, aims to emerge the global smartphone leader even as it tried to improve its India ranking to number 3 by next year on the back of strong demand.
According to Rick Osterloh, president and chief operating officer at Motorola Mobility, who is on his maiden visit to India after Lenovo's $2.91-billion acquisition of the company from Google earlier this year (See: Lenovo to buy Motorola Mobility from Google for $2.91 bn), the company would be very aggressive in pitching the 4G value proposition for end users.
Osterloh, who had taken charge of the company in April this year added that market leaders were "faltering a bit" and that the company has a "very good chance to become the leader" globally.
According to IDC worldwide smartphone data for the quarter ended September Samsung led with 23.7 per cent market share, followed by Apple with 11.7 per cent, Xiaomi with 5.2 per cent and Lenovo followed closely with 5.1 per cent, while LG occupied the No 5 slot with 5 per cent share.