Lenovo’s Group in China said that
on its first quarter the total profit jumped up to 23 percent, beating its
estimates as it surge in its smartphone
sales , the report showed quickly as the world’s biggest personal
computer maker, transforming into a major player in the technology of Mobiles.
A Beijing based company in Lenovo
said that its net income climbed up to USD 214 million in just three months in
the same period compared to last year.
This year the motivated hardware
company accelerated its operation strategy to expand away from the collapsing
PC market, agreeing to buy the IBM's server unit and iconic Motorola handset
brands worth over $5 billion.
Yang Yuanqing the Lenovo's Chief
Executive said that “he sees potential for more smartphone sales
growth outside China”.
Lenovo reportedly has 39 percent
growth in the worldwide market of handset shipments. The company has displaced
South Korean’s Samsung Electronics over the past year to become the No. 1 smartphone
seller in China.
"China is still one of the most
important markets for Lenovo, but actually we have more potential opportunity
outside of China," Yang said. He cited recent sales growth rates
of 300 percent and 500 percent in Southeast Asia and Eastern Europe
respectively.
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