Mobile and PC maker Lenovo aims to increase up to its capacity for handset production up to 1 Million units per month by next year, a top executive of the firm claimed to the media in an interview. “We manufacture mobile phones in India at our partner plants. Currently we have a manufacturing capacity of 100,000 each month which we aim to elevate in the range of 500,000 to 1 Million units monthly by the end of next year,” claimed Edward Chang, Vice President of Lenovo Group, to the media in an interview.
The capacity extension does not comprise the volume of handsets by Motorola, a brand which is controlled by Lenovo. The firm has entered into an elite joint venture with e-commerce firm Flipkart to trade its handsets in India. The firm rolled out 3 handsets in sub-Rs 10,000 cost section. It launched Lenovo K9 with a price tag of 8,999 and 2 models for Lenovo A5 with a price of Rs 6,999 and 5,999.
On a similar note, Lenovo earlier claimed that is extending its data center business by working together with government partners and startups to host applications of firms in financial services, manufacturing, healthcare, and academic sectors. With a spending of $1.2 Billion in artificial intelligence (AI) R&D, the Chinese devices and hardware giant is also seeking at branching out its Chennai plant, which produces almost 5 Billion handsets each year, to include data center services too.
MD-DCG (Data Center Group) at Lenovo India, Vivek Sharma, claimed that the firm sees $5–6 Billion general income arriving from India in the coming 3 Years, although he did not unveil how much India adds to the firm’s general income or DCG’s incomes in the previous fiscal year. “India is among the 10 nations we have verified from a data center expansion viewpoint and the up-and-coming market has huge growth avenues,” Sharma claimed.