Lenovo eyes a slice of action in high-end marketLenovo Group Ltd launched its flagship Moto Z series modular handset on Tuesday in Beijing, to compete with Apple Inc and Samsung Electronics Co Ltd in the premium-end market. "Moto Z undoubtedly will lead the industry change and redefine the smartphone product, which is also the most representative device after Lenovo acquired Motorola Mobility," said Yang Yuanqing, Lenovo chairman and CEO. "The concept and design of the modular smartphone involves more functions and applications and expands the development space for smartphones." Yan added the modular phone will help Lenovo expand in the North America market, but it is still at an initial stage in China. "The competition among the three major players, including Apple, Samsung and Lenovo, is focused on the United States."

Source: The China Post September 07, 2016 16:52 UTC