日韩精品久久一区二区三区_亚洲色图p_亚洲综合在线最大成人_国产中出在线观看_日韩免费_亚洲综合在线一区

Global EditionASIA 中文雙語Fran?ais
Business
Home / Business / Technology

Lenovo maintains strong momentum with profits surging

By Ma Si | chinadaily.com.cn | Updated: 2019-11-08 13:50
Share
Share - WeChat
Yang Yuanqing, Lenovo chairman and CEO. [Photo provided to chinadaily.com.cn]

Chinese tech giant Lenovo Group posted $13.5 billion in revenue in the quarter ended in September, marking its ninth consecutive year-on-year quarter of growth.

The company's pre-tax income grew 45 percent compared to the same quarter a year earlier, to $310 million. Net income also increased 20 percent year-on-year to $202 million.

The result is driven by good performance in its personal computer business, and Lenovo is starting to see returns from emerging businesses including its data center group in China.

Yang Yuanqing, Lenovo chairman and CEO, said, "We were pleased to see our growth momentum deliver continued solid financial performance amid a complex and dynamic global trading environment."

According to him, the company's profitability improved significantly, especially in PC and smartphone business, with the profit margin of its intelligent devices group exceeding 5 percent for the first time.

Specifically, sales volume in its PCs enjoyed strong growth year-on-year of 7.1 percent in the quarter, resulting in overall revenue growth of 4.1 year-on-year for Lenovo's PC and smart devices group.

From July to September, global PC shipments grew 3 percent year-on-year to 70.9 million units, data from market research company International Data Corp show. This is the second consecutive quarterly growth and Lenovo continued to be the largest PC maker in the world, outperforming the global average.

Gianfranco Lanci, president of Lenovo, said the global PC market is likely to remain relatively flat or record slight growth next year. As the Windows 10 refresh cycle in the business market will continue to contribute to the gain, but the sector will also continue to face shortage in supply of CPUs.

Lanci, who is also the chief operating officer of Lenovo, said the company's mobile business, which includes smartphones, has remained profitable for four consecutive quarters, posting good growth in Latin America and the US. In North America Lenovo moved up two places in the industry rankings from the previous quarter to number four.

The company will step up investment in Europe, with focus on four to five countries including UK and Italy, to drive sales of its smartphones in the region. It will also intensify resources into emerging markets including central Africa and some markets

"We can leverage our sound PC infrastructure in these countries for mobile phones," Lanci said, but the senior executive also added that profitability is still the top priority for smartphones.

In the latest quarter, Lenovo's data center group successfully navigated challenging circumstances. Revenue – excluding its hyper-scale storage business – grew almost 13 percent year-on-year, with China reporting more than a 47 percent increase in non-hyperscale–storage revenue compared to the same quarter a year ago.

Top
BACK TO THE TOP
English
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
CLOSE
 
主站蜘蛛池模板: 久草精品视频 | 婷婷色在线观看 | 五月亚洲综合 | 99热久久是国产免费66 | 婷婷视频网站 | 一区中文 | 欧美高清不卡午夜精品免费视频 | 久久久亚洲伊人色综合网站 | 欧美激情 在线 | 欧美日日日 | 色播视频在线观看 | 古代级a毛片免费观看 | 最新亚洲视频 | a极毛片 | 99久久免费观看 | 亚洲精品老司机综合影院 | 天天操天天摸天天爽 | 国产精品成人自拍 | 五月婷婷综合激情网 | 欧美精品二区三区 | 日韩国产一区二区 | 久久精品亚洲成在人线av网址 | 69国产成人精品午夜福中文 | 欧美高清色视频在线播放 | 国产亚洲精彩视频 | 日韩国产无矿砖一线二线图 | 久久一级| 国产美女的小嫩bbb图片 | 亚洲三级视频 | lutube成人福利在线观看污 | 五月在线观看 | 泰国一级毛片aaa下面毛多 | 色吧久久 | 欧美日韩在线视频播放 | 精品人妻无码一区二区三区手机板 | 91免费在线视频 | 成人一区二区在线 | 精品久久亚洲 | 不卡国产一区二区三区四区 | 久久久久国产精品 | 成年人在线播放视频 |