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Lenovo to begin selling flagship phone internationally

  • Lenovo (LNVGY, LNVGF) is set to begin selling its flagship Vibe Z smartphone outside of China. The device features a 5.5" 1080p, Qualcomm's high-end Snapdragon 800 CPU, a 13MP camera, and 4G support, and carries an unsubsidized price of $549 (on par with other high-end Android phones).
  • Lenovo has also begun selling three 3G-only mid-range Android phones - the A859, the S650, and the S930 - outside of China. The devices appear to be aimed at Asian markets where demand for cheap Android phones has taken off.
  • IDC estimates Lenovo shipped 12.3M smartphones and had a 4.7% smartphone unit share in Q3, up from 3.7% a year earlier. The company has made lofty mobile ambitions, and is counting on its low-cost manufacturing expertise and U.S. resources (stemming from its acquisition of IBM's PC unit) to help it stand out.
  • At the same time, the company faces stiff Android competition from Samsung (31.4% smartphone share), as well as local rivals such as Huawei (4.8% share), ZTE, and Xiaomi.
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