Opportunities
Growing India’s smartphone market. India’s smartphone market is one of the least penetrated among Asia/Pacific countries. Lenovo could easily penetrate India’s market with its already successful low price LePhone.
Growth of tablets market. Lenovo currently ranks as 4th biggest tablets seller. The business could increase its market share by introducing better quality products.
Obtaining patents through acquisitions. If Lenovo wants to sustain its growth, it needs to obtain more patents and the best way to do that is to acquire the firms holding them, as it did with IBM’s Compaq.
Tablet market growth. Tablet market is expected to grow in double digits for the next few years and the company has a great opportunity to release new tablet models and benefit from the market growth.