Lenovo Posts Quarterly Earnings, Still Third Largest Global Smartphone Maker

Discussion in 'Android News' started by wicked, May 21, 2015.

  1. wicked

    wicked Administrator
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    Lenovo had a good year. The Chinese manufacturer shipped 18.7 million devices in the 4th quarter of 2014 netting $2.8 billion in revenue. That figure includes Android tablets and TV's.

    The Chinese company beat a lot of expectations, boasting a record setting revenue of $46.3 million, an increase in profit by 20% from the same period last year. They boasted a gross profit of $6.7 billion and an operating profit of $1.1 billion.

    Lenovo shipped 76 million smartphones for the fiscal year allowing it to remain the third largest smartphone manufacturer in the world.

    Lenovo