Find a Question:
Lenovo mobile branch is the first time since taking over Motorola profitable again
For the first time since the acquisition of Motorola by Lenovo in 2014, takes the mobile branch of Chinese electronics manufacturer in his own words breakeven. The quarterly figures still show a small loss of $ 30 million.
Lenovo’s Mobile Business Group recorded a turnover of $ 3.2 billion in the fourth quarter of 2015. Revenues for the MBG out of the supply of Motorola smartphones, Lenovo mobile phones, tablets and TVs. The Motorola smartphones accounted for $ 2 billion. Although the operating loss of the mobile arm of the results leads to 30 million dollars, Lenovo calls the branch in his explanation again profitable.
The turnover of the smartphone division was nevertheless four percent lower than the same quarter last year and Lenovo did considerably less mobile phones. Volume declined by 18.1 percent to 20.2 million units delivered. Lenovo, however, will focus on markets outside of China, such as Europe, where it sells more expensive Motorola devices. In the markets outside China, Lenovo delivered just 15 percent more smartphones than last year.
Lenovo claims that it has a global market share of 5.1 percent of the smartphone market and thus has the fourth place in the hands. Only Samsung, Apple and Huawei have a larger market share. In January, Lenovo announced to go from now on Motorola smartphones sell under the name Lenovo Moto. Although the brand name disappears, the Motorola logo is preserved.
On the market for desktops, laptops and Windows tablets knew Lenovo’s PC Group own words to put down a relatively good results. Lenovo yielded 4 percent fewer PCs compared to the same quarter last year, but the PC market as a whole shrank by 11 percent. Lenovo delivered 15.4 million PCs and thus has 21.6 percent market share held. In China that figure is now 40 percent. The quarterly profit before tax came from the PC Group to $ 405 million, 18 percent less than a year ago.
Although total sales of Lenovo Group fell by 8 percent, from 14.1 billion to $ 12.9 billion, the company recorded a profit of $ 300 million, an increase of 19 percent compared to the same quarter last year.Viewing:-111
Answer this Question
You must be Logged In to post an Answer.
Not a member yet? Sign Up Now »
Star Points Scale
Earn points for Asking and Answering Questions!