In a recent report, both Motorola (now owned by Lenovo) and Lenovo combined to emerge as the second-biggest smartphone brand in terms of value. Chinese tech major Lenovo has become the second-biggest smartphone brand in terms of value ahead of Apple, Micromax, and Oppo with a market share of 9.1 percent, according to 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 a share of 7.7 percent, the report by IDC said. As per IDC's recent report released this month, both Motorola (now owned by Lenovo) and Lenovo combine emerged as the number two player in Q2FY16. With a growth of 24.5 percent over the last year, Lenovo group captured 7.7 percent of market share by units sold while the market grew by only 3.7 percent, as per the research firm's quarterly mobile phone tracker.

Source: dna September 05, 2016 03:28 UTC