In this article 992-HK Follow your favorite stocks CREATE FREE ACCOUNTA Motorola Razr Flip Smartphone kept at dispay at the launch event of the new Motorola Flip Smartphones, Motorola Razr 40 and Motorola Razr 40 Ultra, in New Delhi, India. Kabir Jhangiani | Nurphoto | Getty ImagesDAVOS, Switzerland — Motorola will likely be the third-biggest smartphone player in the world in three years, according to a top executive at Chinese tech firm Lenovo , the owner of the brand. In 2020, Lenovo rebooted the iconic Motorola Razr as a foldable smartphone. Motorola and Lenovo combined had around a 4% market share in the third quarter 2023, making it the eighth-largest player globally, according to Counterpoint Research. The executive said Motorola is looking to grow "stably" in the markets it is in until it reaches 10% market share in those places which will uplift its market share globally.

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Persons: Kabir Jhangiani, Matthew Zielinski, Zielinski Organizations: HK, Motorola, Nurphoto, Getty, Lenovo, Google, Samsung, Apple, CNBC, Economic, Research Locations: dispay, New Delhi, India, DAVOS, Switzerland, Davos, U.S, America