Gadgets & Electronics, Telecom & Wireless

Lenovo, Sign CNY12 Billion Strategic Agreement For Mobile Devices

Lenovo's Mobile Business Group announced that they have reached a strategic deal with Chinese B2C e-commerce website

Under the agreement, Lenovo and JD reached a CNY12 billion strategic pact covering joint product development, marketing, Internet promotion, post-sales logistics, and post-sales services. Meanwhile, Lenovo's first e-commerce platform mobile phone S8 was exclusively launched on on April 28, 2014.

Other Chinese leading mobile phone makers, including ZTE, Huawei, Coolpad, and Lenovo, have launched mobile phone products specially designed for e-commerce platforms.

In March 2014, Lenovo implemented a business structure adjustment and renamed its former Mobile Internet and Digital Home Group to the Mobile Business Group. Zhang Hui, general manager of Lenovo MBG China, said during an interview with local media that in 2014 Lenovo initially aims to sell five million mobile phones via its partners' Internet channels.

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