Lenovo Group, said that it is rapidly evolving into wireless computing vendors to drive sales booming smartphones and tablets as consumers shift from desktop computers.
Wireless equipment sales grew 105%, pushing profit up 23% to $ 174 million, in the three months ended June 30, Lenovo announced Thursday. Total revenue rose 10 percent, to $ 8.8 billion.
Lenovo announced the No. 1 PC maker in the latest quarter, research firm Gartner and IDC. But at that time coincided with the global PC shipments fell for the fifth consecutive quarter, highlighting the rapid shift to mobile consumers.
"In fact, we sold in the quarter more than smart phones and tablet PCs PC the first time ever, in a conference call with reporters, said:" Chief Financial Officer Wong Wai Ming.
PC shipments were flat, and its share of total revenue decreased to 28%. Laptop sales, accounting for 52% of revenue, an increase of 4.7%. Mobile devices provide 14% of the revenues.
"We left a deep impression, said:" Lenovo's strong execution, Barclays analysts said in a report. "This is the only Asian PC makers to deliver expected results, the face of strong headwinds from the global PC and smart phone needs, and Chinese economic slowdown."
Lenovo, headquartered in Beijing and North Carolina Research Triangle Park, broke into the wireless market, and in 2010 launched its first smartphone.
Since then, it has released more mobile and network-linked film competition, South Korea's Samsung Electronics and Apple and Taiwan's HTC Corporation
Thinkpad laptop released last year, an update designed to attract tablet users with mobile devices fast startup time and response time features, imitation.
Other traditional technology leaders are also scrambling to shift the focus to a wide range of mobile products and services as well as hardware.
Sales in China rose by 5.6% to $ 3.7 billion, providing 42% of revenues. In the United States and other Americas, sales grew 29% to $ 1.9 billion.
In the April-June period, the global PC shipments declined by 11%, according to Gartner and IDC.
In the smart phone, Lenovo said that in the quarter to become the world's fourth-largest supplier. Global sales rose by 132%.
Chairman Yang Yuanqing said that this year's sales target is 500,000 smartphones and 100,000. He said the association was "very confident" that it can meet the latest quarter after.
"We are transforming our company into a 'PC at full speed with the company, Yang said on a conference call:."
 



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