Lenovo is still very much tied to the PC market, but between its increasing focus towards smartphones and a market-wide decline in PC sales, Lenovo is now selling more smartphones than computers. For the first time in the company’s history it has moved more smartphones than PCs, primarily because of a massive growth in phone sales. Both categories, PCs and phones, saw year-on-year growth.
For the first fiscal quarter ending on June 30, Lenovo saw 15.8 million smartphone sales, an increase of 39 percent. On the other hand, the company experienced a 15 percent increase in PC sales that brought its total number of sales to 14.5 million units. Neither of those numbers are low, but they show that most of the growth in the tech industry is in the mobile sector.
Lenovo began doubling down on smartphones in 2013, and since then it has put even more money than most companies into the sector. In early 2014, Lenovo decided to buy Motorola from Google for $2.91 billion, and many of that company’s assets are mobile-related.
The acquisition of Motorola is still moving through regulatory bodies, but once the deal is final, Lenovo will be able to focus on growing its smartphone business even further.
Via [The Next Web]