Lenvo Group said the super growth of Samrt Phone in China has ended after the lowest sales growth in 6 quarters is released.
According to report released by The Daily Telegraphy's website, Lenvo's sales growth in Q3 was 7.2, which is lowest since March of 2013.
The growth of China's smartphone market has slowed down. Xiao Mi company's product increased the competition. The Xiaomi company has replaced Lenvo to becom the third largest samrtphone maker globally.
Chinese manufactures will keep trying to produce cost-effective phone to promote the sales growth.
Source:
