Lenovo is confident in the soonest recovery of mobile business

20 August 2017, 11:01 | Technologies
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Despite the weak financial performance in the last quarter, Lenovo is confident in its ability to meet the goals of restoring the telephone business in the second half of the year. This in an interview with the agency "Reuters" said the general director and chairman of the board of directors of the Chinese company Yang Yuanqing (Yang Yuanqing).

He noted that in April-June, Lenovo's operating profit before taxes increased by $ 110 million compared to the previous three months, which the top manager associated with improved performance in mobile devices and data center solutions.



"This not only gave me more confidence in restoring the mobile business in the second half of the fiscal year 2018. I think that all Lenovo has entered a new phase of growth, "- said Yuan Yuantsin.

In the first quarter, Lenovo's mobile unit lost revenue, while revenue rose 2% to $ 1.75 billion, representing 17% of the company's total turnover.

As the head of Lenovo, to increase profitability of the company, the company will focus on the fast-growing segment of premium products, such as computers for gamers and young people.




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