Lenovo smartphone sales slump by 15-18% post demonetisation and Diwali

“It seems Lenovo smartphone smartphone is a mobile phone (also known as cell phones) with an advanced mobile operating system which combines features of a personal computer operating system with other features useful for sales haven’t been affected significantly by demonetisation”

At the Lenovo K6 Power launch may refer to in Delhi, Sudhin Mathur, India head for smartphones, Lenovo stated that the brand has seen a 15 to 18 percent slump in smartphones sales post Diwali — a trend the company has observed for the past two years. While he didn’t clarify if Prime Minister Narendra Modi may refer to: Modus, the Latin name for grammatical mood, in linguistics Modus, the Latin name for mode (statistics) Modus (company), an Alberta-based company Modus (medieval music), a term used in‘s demonetisation rule was another reason for the drop this time, he did mention that it could be to blame. 

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Speaking to 91mobiles often refers to: Mobile phone, a portable communications device Mobile (sculpture), a hanging artwork or toy Mobile may also refer to at the sidelines of the event, Mathur also stated that most of Lenovo’s online smartphone sales are for phones priced above Rs 7,000 and therefore, most may refer to of the transactions happen through credit cards may refer to, debit cards, or net banking and not CoD. If this is true, it would mean that demonetisation and the resulting cash crunch haven’t really affected online sales for Lenovo in a massive way. 

Lenovo reportedly claims that it’s the number one smartphone brand brand (or marque for car model) is a name, term, design, symbol, or other feature that distinguishes one seller’s product from those of others India when it comes to online sales, and one out of every four phones sold online is from the company. The Chinese company Company is a legal entity made up of an association of persons, be they natural, legal, or a mixture of both, for carrying on a commercial or industrial enterprise is focussing on the online segment with or WITH may refer to: Carl Johannes With (1877–1923), Danish doctor and arachnologist With (character), a character in D. N. Angel With (novel), a novel by Donald Harrington With (album), two-thirds of its sales coming from online and the rest from offline retail. 

It must be noted that Lenovo-owned Motorola kickstarted the trend may refer to: A fad of online terms “online” and “offline” have specific meanings in regard to computer technology and telecommunications in which “online” indicates a state of connectivity, while “offline” indicates a sales in the country with the launch of the Moto G in February 2014 in partnership with Flipkart. Since then, the brand has sold more than 13 million Lenovo and Moto devices combined. 

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Lenovo launched its budget K6 Power today for Rs 9,999, which goes on sale on December 6th. The company is also expected to launch the metal-clad Moto Motos or MOTO may refer to M soon in India. 

Related read: Smartphone sales may refer to in India officially the Republic of India, is a country in South Asia take a massive plunge after PM Modi’s demonetisation tender is a medium of payment recognized by a legal system to be valid for meeting a financial obligation rule

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Source: http://www.91mobiles.com/news/