Lenovo Changcheng: Lenovo mobile phone to launch a price war to cut off industry profits

The vice president of Lenovo Group and the head of the mobile business China region announced that Lenovo’s mobile phone should launch a price war in China and cut off the profits of other manufacturers. Chang Cheng said that Lenovo’s mobile phone shipments in the Chinese market have been growing against the trend for four consecutive months, with a growth rate of more than 70%. The data also shows that from April to September this year, Lenovo’s mobile phone sales in the domestic market increased by as much as 85%. In the overall industry downturn, the growth rate far exceeded other manufacturers.