Lenovo Will Rely on Motorola to Design

Lenovo today released financial results for the second quarter of 2015-related, showing revenues up 3 percent year on year, amounting to $ 10.7 billion, while profits are in sharp decline, the 51% less compared to the same period last year, amounting to 105 million dollars.

This data includes all sectors of society and, as regards the sector dedicated to smartphones and tablets, Lenovo seems to find the causes of this decline in the slow growth rate and fierce competition that characterizes this market.

In all, the Mobile Business Group continues to make heavy reliance on Motorola which alone manages to achieve revenues of 1.2 billion dollars, more than 50% of all mobile industry revenues this quarter which amounted to 2.1 billion dollars. During the same period, Lenovo hall has 16.2 million smartphones shipped, value increase of 2.3% from last year, of which 5.9 million are Motorola products, 31% less than the Q2 2014.

Concluding the presentation of quarterly data, Lenovo has pointed out that the Mobile Business Group and Motorola will be able to return to active within 2 or 3 quarters, and that, as of now, the Chinese company will rely exclusively on Motorola to design, develop and produce any smartphone Lenovo brand.

With regard to the tablet, however, Lenovo has shipped 2.5 million tablets, up 3.8%, ranking in third place regarding the global market share and going to erode quotas to two competitors that precede it.

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