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Lenovo profit up 23 percent as mobile grows

The world's largest PC maker Lenovo Group said its quarterly profit rose 23 percent, smart phones and other mobile equipment sales doubled.
Lenovo said on Thursday that it won $ 174 million in the three months ended June. Sales grew by 10% to $ 8.8 billion.
Desktop PC shipments were flat, but smart phones, tablet PCs and other mobile devices sales rose 105%. Laptop sales, accounting for 52% of revenue, an increase of 4.7%.
Research firm Gartner and IDC said Lenovo edged past long-time industry leader Hewlett-Packard last quarter for the first time to become the world's largest PC vendor.
 



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