Lenovo to launch smartphones in India

The world's second-largest computer makerLenovo is all set to launch smartphones in India. According to a report in Bloomberg Business Week, the company "will bring smartphones to India, the Philippines and Indonesia to gain more heft and experience before entering developed markets such as the US."

Lenovo entered the smartphone segment in China around two years ago. According to recent IDC data, domestic vendor Lenovo has knocked off Apple from its second place in China, the world's largest mobile market.

Lenovo, which makes the LePhone, took 11 percent market share in China in the second quarter, up from a single-digit percentage in the first quarter when it was ranked 7th, the data showed.Samsung Electronics retained its lead in the Chinese smartphone market with a share of around 16 percent, little changed from the first quarter. Apple ranked 4th.

Global handset vendors, such as Samsung and Nokia, have been chasing increased market share in China, where there are more than 1 billion mobile subscribers. China is set to overtake the United States as the world's largest smartphone market this year.

A recent report by research house Gartner said that Lenovo is the biggest vendor of personal computers in India.