Lenovo Group, the world's third-largest personal computer maker, recorded a near 13-fold increase in net profit for the first quarter as it reported strong growth in PC shipments.
It hasnt been long since we first heard about lenovo IBM. being one of the leading brand in China proves that they can own the world.
THE THREAT
The company saw robust growth in PC shipments in all of its markets with a 30 percent increase in China, accounting for more than a third of the overall PC market in the country.
In the Americas, the computer maker saw a growth of 15 percent in unit shipments and an increase of 22 percent in Europe, Middle East and Africa. In Asia, it recorded year-on-year rise of 12 percent.
Lenovo's notebook computers remain the largest contributor to total revenue, driven by sales in China and the launch of consumer products in Asia, with shipments in notebooks up 26 percent, while desktop shipments grew 20 percent.
Looking ahead, the company said it will further enhance its global supply chain, improve the competitiveness of its desktop business and build on its brand overseas.
"Lenovo was unknown outside China before, but it was known by more and more people outside China now," Yang told reporters.
The results show for themselves. Lenovo is in fact making a lot of progress. Even the coverage of Lenovo brand in Malaysia is increasing. Friends are buying Lenovo instead of the normal Dell, HP COmpaq and the rest. Any happy users of lenovo? When compared to the rest of the brands, are they really up to par? Or better?
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