Lenovo Mobile to Invest RMB 150 Mln in 3G
The Beijing News, 6/04/09
Lv Dang, president and CEO of Chinese handset manufacturer Lenovo Mobile, has stated that the company will more than double its investment in 3G research and development in 2009 to a total of RMB 150 mln. Lenovo Mobile has invested over RMB 20 mln in its Ophone handset alone, with investment in TD-SCDMA to increase to RMB 70 mln.
Lenovo Mobile plans to launch over ten 3G handsets in the second half of 2009, of which 70% will be TD-SCDMA handsets. The company also expects to release a handset priced below RMB 1,000.
Keywords: pricing 3G Lenovo Mobile Ophone TD-SCDMA wireless mobile phone mobile phone vendor R&D
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