Lenovo Is Now World's Third Biggest Smartphone Maker Title

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Lenovo pushed LG aside in the third quarter to become the number three global smartphone maker for the first time. 

Lenovo's smartphone sales grew to 12.9 million units, up a whopping 84.5 percent year over year, thanks to a surge in sales from the Chinese market. In the same period last year, Lenovo had 4.1 percent of the global market but in 2013, the company brought down 5.1 percent of the market. "Lenovo continues to rely heavily on its home market, which represents more than 95 percent of its overall mobile phone sales. This could limit its growth after 2014, when the Chinese market is expected to decelerate," said Anshul Gupta, principal research analyst at Gartner. Earlier this year, Lenovo expressed interest in broadening its mobile sector by looking into acquiring BlackBerry. The Canadian government stepped in and stopped that bid before it even started citing security concerns over handing over BlackBerry to a Chinese company. 

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In the top two spots for smartphones were, unsurprisingly, Samsung and Apple in first and second respectively. In the third quarter, Samsung has 32.1 percent of the market, the same share it had last year, selling a whopping 80.3 million devices. Apple's share declined slightly from last year from 14.3 percent of the market to 12.1 percent but still shipped 30.3 million iPhones in the quarter. Other companies in the top ten were LG, Huawei, and Nokia at four, five, and eight respectively. In the overall mobile phone market, meaning more than just smartphones, Lenono ranked seventh. 

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Lenovo Smartphone Opportunity in the United States

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Lenovo has been raking in the profits after last quarter, and it's possible that this success could propel the company into the US market with Lenovo brand smartphones. 

Lenovo may be doing well, but can it compete with the Apple or Samsung markets? This is to be seen if the company decides to seriously breach the US smartphone market. Following Lenovo's acquisition of the IMB Thinkpad computers, the company had a foothold in the US market upon which it now has a great opportunity to expand. Already an extremely popular PC provider (nearly the best in the world), Lenovo knows that this market is rapidly closing in lieu of mobile devices. This may be the time for Lenovo to turn its success from one market over into another. 

Lenovo has already seen incredible success abroad in countries such as Russia, India, and most importantly, China. Particularly in the smartphone market, Lenovo has already made its name there. It is second only behind Samsung in terms of smartphones. What it needs to do in order to achieve success in the US market it to establish branding and a "cloud" operation much like Samsung and Apple, which includes connectivity between multiple devices (think the Galaxy Note with the S3, or the iPad with the iPhone). This kind of device is quickly taking over standards PCs in the market, and Lenovo will likely be taking this market on and attempting to join the ranks of US tech giants.  Retweet this story