Chinese technology major Lenovo recently launched Yoga 3 pro, in a bid to expand its stake in the Indian market, says a PTI report.
Lenovo, which ranks fourth in the tablet market here, said it has about 10% of the market share (in terms of sales as per research firm GfK).
Expressing his views on the matter, Lenovo India Director, Tablet Business Unit, Rohit Midha told PTI.
"We believe the market will grow further. Be it commercial, like the education and BFSI segment or consumers, tablets will continue to do well,"
Besides, He declined to comment, however, on the market share the company is targeting.
"We will launch new devices across the price range and form factors that appeal to customers. We are showing the products that we displayed at the CES in Las Vegas this year and we will bring them to Indian customers as well," he said.
According to research firm IDC, vendors shipped a total of 0.96 million units of tablets, posting a quarter-on-quarter growth of 3.6% in the October-December 2014 period.
Domestic firm iBall led the market with 15.6% share, followed by South Korean giant Samsung (12.9%), Datawind (9.6%), Lenovo (9.4%) and HP (8.7% share).
Globally, Lenovo is the third largest tablet vendor after Apple and Samsung with 4.8% share in the December quarter.
Priced at Rs 1,14,990, Lenovo today launched Yoga 3 Pro, which is one of the slimmest ultrabooks available in the market. The tablet will be available at select Lenovo and Croma stores in India.
The company also showcased its TAB 2 A7-30 (priced at Rs 11,800 (3G) for this month launch), Yoga Tablet 2 Pro, Yoga 2 AnyPen and products in the ThinkPad series.