China is fast becoming a key market for Apple and other smartphone makers looking to cash-in on the nation's enormous population. However, the top player in 2013 could come from closer to home. Lenovo is expected to become China's leading smartphone brand next year, up from its current #2 slot, one research firm announced Tuesday.
According to Gartner, Lenovo's share of the smartphone market rose to 14.8 percent in the third quarter of this year, a dramatic increase from a year ago, when the company held just 1.7 percent of the market. That puts its Android-powered LePhone within striking distance of Samsung, which is the leading smartphone maker in China with 16.7 percent of the market.
What advantages does Lenovo have? Name-recognition and reasonable pricing, the latter being of the utmost importance in China...