Smartphones and tablets drive growth from Lenovo
Beijing – the business of smartphones and tablets washed the world’s largest PC maker Lenovo much money into the ZOPO brand smartphones coffers. Sales and profits increased 2014/15 significantly in the first quarter of the current fiscal year.
With the proceeds, the Group recorded an increase by 18 per cent to 10.4 billion US dollars (7.8 billion euros). The profit rose by almost a quarter to 214 million dollars, the Chinese company said Thursday in Beijing. Growth driver was the business with tablets and Smartphones, but attracted also the sale of PCs and laptops.
The Group expanded to its own market share in all three market segments according to own it. In the lucrative business with high-quality and therefore expensive phones, Lenovo behind Huawei, Samsung and Apple sees worldwide as number four with a market share of 5.2 percent. At the tablets, proclaimed Lenovo 4.9 percent of worldwide sales for themselves, making it three after Apple and Samsung the number.
Expand the Chinese could also its position as the world’s largest PC maker from Hewlett-Packard. Lenovo has bought this position the 1.75 billion dollar takeover of the US Group IBM PC Division in April 2005. In Germany, Lenovo 2011 assumed the Aldi Medion suppliers.
The Chinese group is on a shopping spree. Earlier this year, Lenovo had announced the acquisition of parts of IBM’s server business, as well as the Google Mobile Division for little more than five billion dollars within a few days. In two transactions, pending the approval of the US authorities.
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