Lenovo sees sales and profits fall despite rising pc sales

Lenovo sees sales and profits fall despite rising pc sales

Photo: AFP

The Chinese pc manufacturer Lenovo has 2016 with a difficult quarter ended. The sales decreased again, and there was even three times as little profit made as a year earlier.

The fourth quarter sales decreased 6 percent to 12.2 billion dollars (11.5 billion euros), as the company Thursday announced.

The profit decreased by 67 percent, from 300 million to 98 million dollars. Lenovo says have to do with “considerable challenges” in the three most important industries: pcs, smartphones, and data centers.

Despite the contraction of global pc market did the computertak Lenovo still slightly better than a year earlier. Both the number of shipped pc’s if the sales were 2 percent up. Lenovo sold in the last quarter of 2016, with about 15.7 million pcs. Also the tabletverkoop increased, by 10 percent.

The smartphonetak, however, had a bad quarter, with a revenue drop of 23 percent. The number of machines sold fell by a quarter to 15 million.

According to Lenovo it goes relatively well with the Moto brand, which comes out in 2014 acquired Motorola, though there are no exact figures known. The smartphones that Lenovo under his own name, sells mainly to the Chinese market, while the brand Moto in other countries more popular.

Follow us

Don't be shy, get in touch. We love meeting interesting people and making new friends.

Most popular