Lenovo's smartphone shipments shot up 39% in Q1, now sells more phones than PCs
Perhaps most importantly, the vendor's smartphone and tablet shipments year-on-year spiked upwards, generating 39% and 67% sales respectively. Put in numbers, that's an increase of 15.8 million smartphones sold, along with 2.3 millions for the tablets division (ranking Lenovo 3rd in tablet shipments, after Apple and Samsung). As impressively, Lenovo notes that this is the first time that it sold more smartphones than PCs in its history, even though it still retains the lion's share of sales in the latter category, with just shy of 20%. No wonder that Yuanqing Yang, the Chairman and CEO of Lenovo, was jubilant in his remarks:
That's right, the plan still appears to be to try and make the best use of the Motorola's brand (which Lenovo acquired from Google earlier this year), rather than strip the company for parts as some might have feared. In any case, Lenovo claims it is now the number four smartphone manufacturer in the world, and the company appears pretty optimistic for the future right now. With a glowing quarter like that, that's not surprising.