Lenovo about to turn profit from smartphone business
Updated: 2013-01-08 14:33
(China Daily)
|
|||||||||||
Lenovo Group Ltd's smartphone business in China is about to turn its first profit, enabling the company to expand margins while funding a handset push into emerging markets, Chief Executive Officer Yang Yuanqing said.
"Very soon you will see we'll start to make money in the China smartphone area," Yang said in an interview in Beijing.
Lenovo shares surged 36 percent in Hong Kong last year as it added market share to become the world's biggest vendor of personal computers and China's second-largest seller of smartphones.
China Daily - Agencies
More reports on Lenovo Group
Lenovo launches Horizon Table PC
Lenovo seeks top smartphone spot
Lenovo surpasses HP to lead PC market
Lenovo snaps up former Motorola employees
China smartphone market
Xiaomi aims to double sales next year
Sina sells smartphones to for profitability
Apple's iPhone 5 China sales top 2m
ZTE launches slimmest quad-core smartphone
Related Stories
Legend Holdings eyes overall listing 2012-12-10 17:13
Lenovo sells mobiles in Russia 2012-11-29 13:26
On top of the PC world 2012-11-19 13:30
Lenovo adds PC production in US 2012-10-04 09:45
Chinese cell-phone firms struggle to make a profit 2012-12-27 10:16
ZTE unveils Android smartphone in Indonesia 2012-12-20 09:51
Today's Top News
President Xi confident in recovery from quake
H7N9 update: 104 cases, 21 deaths
Telecom workers restore links
Coal mine blast kills 18 in Jilin
Intl scholarship puts China on the map
More bird flu patients discharged
Gold loses sheen, but still a safe bet
US 'turns blind eye to human rights'
Hot Topics
Lunar probe , China growth forecasts, Emission rules get tougher, China seen through 'colored lens', International board,
Editor's Picks
|
|
|
|
|
|