Lenovo, a Chinese PC and mobile device maker, launched its Intel-powered K900 flagship smartphone in its home market. K900 will be rolled out in additional international markets throughout the summer, said the firm.

Billed by Lenovo as the first smartphone in the world to house the latest Atom processor Z2580 processor from Intel – a dual core chip – K900 runs at speeds up to 2GHz.

The new smartphone also boasts an Intel Graphics Media Accelerator, reportedly tripling the graphics performance over the previous generation.

Lenovo adds that the “top-of-the-line” device is one of the first smartphones in the world to combine a 5.5 inch IPS display with 1080p full high-definition resolution, at more than 400 pixels-per-inch.

The Chinese supplier further claims that the K900 is the thinnest in its class, at 6.9mm, and light enough (162g) to compete with today’s top smartphones.

K900’s retail price in China starts at RMB3,299 ($540).

“Smartphones are a critical component of Lenovo’s PC+ strategy and the Lenovo K900 is an example of this strategy in action,” said Liu Jun, president of the Lenovo Business Group. “With its cutting-edge design and intuitive, optimised user experience, K900 offers China’s smartphone users a fresh, new option.”

Liu Jun added that Lenovo will add several new countries to its smartphone footprint during 2013, and by the year-end it will “cover most of the world’s emerging markets”.

Lenovo has set a target of shipping 60 million units during its financial year ended 31 March 2014. The previous fiscal year, Lenovo shipped 23.5 million units, claiming an 11 per cent share of the Chinese market.

Only Samsung has a bigger share of the smartphone market in China – around 16 per cent – while Apple lies in third spot with 7 per cent.