Lenovo ranking first in the global PC market in 2019

    15 August 2019 – Webmains Tech News | Lenovo Group announced the results of the first quarter where the results reached 85.3 billion yuan with a constant increase of 111% of the yearly Net Profit.

    In the mobile sector, the profit was improved by nearly 700 million yuan by the increase in mobile sales by 28.4% yearly and pre-tax profit margin exceeds 14%.
    In terms of personal computers sector, Lenovo’s sales increased by 17.9% yearly by ranking the first in the global PC market with a part of 13% by a market share that reached 24.9%.


    In term of Datacenter, the Business sector continues to handle losses by increasing the market share concerning the x86 server, furthermore, storage and network services achieved significant growth in the first quarter with a storage business turnover that increased by more than 80% yearly.

    Yang Yuanqing The Chairman and CEO said in the media: “In the first quarter, we achieved a favorable start for the new fiscal year with a strong performance. This proves once again that the intelligent transformation strategy we have implemented is correct.

    The strong implementation allows us to remain in a volatile environment. Achieving sustainable profitable growth. With excellent operations and firm execution, we are confident that we will turn the new vision of ‘intelligence, for every possible’ into reality.”

    Related articles

    Insider SaaS startup has raised $32 million

    Insider, an Istanbul-born SaaS startup that had moved its headquarters to Singapore three years ago, has raised $32 million in a Series C round led by US-based Riverwood Capital and backed by existing investor...

    eBay is selling the business in response to activist investors

    eBay was planning to sell its classifieds. The representative says to Webmains the company has no comment on the negotiations reported. Webmains also contacted eBay.

    Google Chrome latest news reports updated

    Google's Chrome browser was targeted by 32 million extension downloads, security alert researchers told Reuters, underscoring the industry's continued difficulty in ensuring the security of browsers used to manage emails, payments, and other special...

    PlayStation 5 latest rumors

    I waited a long time, but Sony finally delivered. Reasonable enough to argue that very little, if not all, of the fan industry concept, makes the economy what the PS5 actually looks like. In...

    Ubisoft attacks Apple and Google for a clone of Rainbow Six Siege

    Ubisoft attacks Apple and Google for a clone of Rainbow Six: Siege. Ubisoft files lawsuit against Apple and Google over Tom Clancy's Rainbow Six: Siege Clone Apple and Google are in the sights of Ubisoft. The...

    Latest articles


    Please enter your comment!
    Please enter your name here