Vinsten halverad för Lenovo – sparkar 3200 anställda
Lenovo reported significant declines in its global computer and tablet sector, as well as increasing competition and slowing growth in the smartphone market.
Chief executive Yuanqing Yang said the company would also restructure its smartphone business.
Last year, the company last year bought the Motorola brand from Google for $2.9bn to boost its position in the market.
However, Motorola’s contribution to Lenovo’s smartphone shipments fell 31% from a year earlier to 5.9 million units.
Lenovo’s mobile division recorded a pre-tax loss of $292m in the three months to the end of June.
Lenovo said its PC business reached a worldwide share of 20.6%, with a 13% stake in the key US market.
När inte den gamla PC-världens starkaste varumärke, Thinkpad, räcker till är man ganska illa ute. Ironiskt nog gör Lenovo flera riktigt trevliga PC-notebooks nu för tiden varav en som jag överväger att ha som jobbdator: Lenovo Carbon X10.