Tuesday, May 24, 2022
  • Hype
  • Murai
  • Lipstiq
  • Diva
  • Varnam
  • Moviedash
  • Autofreaks
Lowyat.NET
  • News
    • Lifestyle
    • Computing
    • Hardware
    • Internet
    • Rumours & Leaks
    • Software
  • Forums
    • Kopitiam
    • Tradezone
    • Property Talk
    • Finance & Business
    • Fast and Furious
  • Gaming
    • PC Gaming
    • Console
    • Esports
  • Mobile
    • Apps
    • OS
    • Tablets
    • Phones
    • Telco
      • Celcom
      • DiGi
      • Maxis
      • Tune Talk
      • U Mobile
      • Buzzme
  • Pricelists
    • Hardware
      • Compu-zone
      • Viewnet
      • Thundermatch
      • Sri Computers
    • Notebooks
      • Compu-zone
    • Smartphones
      • Thundermatch
  • More
    • Automotive Tech
    • Drone
    • Enterprise
    • Entertainment
    • Fashion
    • E-Hailing
    • Wearables
No Result
View All Result
Lowyat.NET
  • News
    • Lifestyle
    • Computing
    • Hardware
    • Internet
    • Rumours & Leaks
    • Software
  • Forums
    • Kopitiam
    • Tradezone
    • Property Talk
    • Finance & Business
    • Fast and Furious
  • Gaming
    • PC Gaming
    • Console
    • Esports
  • Mobile
    • Apps
    • OS
    • Tablets
    • Phones
    • Telco
      • Celcom
      • DiGi
      • Maxis
      • Tune Talk
      • U Mobile
      • Buzzme
  • Pricelists
    • Hardware
      • Compu-zone
      • Viewnet
      • Thundermatch
      • Sri Computers
    • Notebooks
      • Compu-zone
    • Smartphones
      • Thundermatch
  • More
    • Automotive Tech
    • Drone
    • Enterprise
    • Entertainment
    • Fashion
    • E-Hailing
    • Wearables
No Result
View All Result
Lowyat.NET
No Result
View All Result
Home News

Lenovo Reports Double Digit Growth In PC Sales; Still Struggling With Smartphones

by Farhan
May 25, 2018
Lenovo ThinkPad X1 Carbon (2018) Hands On: So, So Close
47
SHARES
942
VIEWS
Share on FacebookShare on Twitter

Lenovo has had a reasonably good 2017, having reported its first double digit growth in a financial quarter in Q4 2017/18. The company is being driven by surprisingly strong PC sales, although it is being held back by restructuring efforts with its mobile division.

The Personal Computers and Smart Devices division recorded $7.7 billion in revenue for the fourth quarter, representing a 16% increase year-on-year. It’s also the biggest increase the company has seen over the last four years.

Gaming laptops appear to have contributed the most to this increase, with shipments growing by 42% over the last year. Likely due to the new Legion brand that made its debut not too long ago; and is somehow now one of the most popular gaming laptops in the market.

ADVERTISEMENT

In comparison, Lenovo’s Mobile Business Group showed lackluster results with only $1.3 billion in revenue. The report indicates some positive growth, particularly in North and Latin America; but is still pursuing aggressive restructuring to increase profitability.

The company has also announced that the PC and Smart Devices (PCSD) business group and Mobile Business Group are being merged into the Intelligent Devices Group. It would appear that Lenovo is combining the PC and smartphone into a single entity “to better connect devices, users, applications and content.”

[Source: Lenovo]

Tags: Lenovo
Back to top
Share19Tweet12SendShare

ADVERTISEMENT

RELATED ARTICLES

Corsair’s First Ever Gaming Laptop Is An All-AMD Machine
Laptops

Corsair’s First Ever Gaming Laptop Is An All-AMD Machine

by John Law
May 24, 2022

During its keynote yesterday, AMD had a couple of announcements besides the new Ryzen 7000 Series desktop CPUs. One particular...

Read more
e-hailing grab airasia
E-Hailing

E-Hailing Firms Free To Set Own Prices, Says Transport Minister

by Ikmal Rozlan
May 24, 2022

With public transport not being the most reliable or convenient as of late, e-hailing is a popular option among city...

Read more
klang valley traffic congestion jams
Transportation

Proposals For New Klang Valley Highways Approved To Reduce Congestion

by Ikmal Rozlan
May 24, 2022

Daily Klang Valley commuters are no stranger to traffic jams but lately, the congestion seems to be getting noticeably worse....

Read more
mrt putrajaya line phase 1
Transportation

MRT Putrajaya Line Phase 1 To Launch On 16 June

by Ikmal Rozlan
May 23, 2022

The MRT Corporation has revealed that Phase 1 of the long-awaited Putrajaya line will finally begin operating next month, after...

Read more
Load More
No Result
View All Result

TRENDING TODAY

  1. 1
    Transportation

    Proposals For New Klang Valley Highways Approved To Reduce Congestion

  2. 2
    Photography

    Huawei and Leica Partnership Is Officially Over

  3. 3
    Gaming

    Diablo Immortal Gets Delayed In Asia Pacific To 23 June

  4. 4
    Travel

    Thai AirAsia X Files For Bankruptcy Protection

  5. 5
    Transportation

    MRT Putrajaya Line Phase 1 To Launch On 16 June

Lowyat.NET

Consumer Tech News & Reviews Malaysia

NETWORK

  • Hype
  • Murai
  • Lipstiq
  • Diva
  • Varnam
  • Moviedash
  • Autofreaks

ABOUT

  • Advertise
  • Careers
  • Privacy Statement
  • Contact Us
  • Editorial Policy
  • Terms & Conditions

©2022 LOWYAT MEDIA, LLC. ALL RIGHTS RESERVED.

No Result
View All Result
  • News
    • Lifestyle
    • Computing
    • Hardware
    • Internet
    • Rumours & Leaks
    • Software
  • Forums
    • Kopitiam
    • Tradezone
    • Property Talk
    • Finance & Business
    • Fast and Furious
  • Gaming
    • PC Gaming
    • Console
    • Esports
  • Mobile
    • Apps
    • OS
    • Tablets
    • Phones
    • Telco
      • Celcom
      • DiGi
      • Maxis
      • Tune Talk
      • U Mobile
      • Buzzme
  • Pricelists
    • Hardware
      • Compu-zone
      • Viewnet
      • Thundermatch
      • Sri Computers
    • Notebooks
      • Compu-zone
    • Smartphones
      • Thundermatch
  • More
    • Automotive Tech
    • Drone
    • Enterprise
    • Entertainment
    • Fashion
    • E-Hailing
    • Wearables

©2022 LOWYAT MEDIA, LLC. ALL RIGHTS RESERVED.

We use cookies to improve your experience. Learn More.