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.