Lenovo

Lenovo

Lenovo is gradually becoming becoming more of a mobile firm, as it revealed on Thursday that it is selling more smartphones than PCs for the first time ever. The company’s earnings for the first fiscal quarter ending June 30 2014 showed that it chalked up a “record volume” of 15.8 million units, up 39 percent from the year before. Comparatively, PC shipments rose 15 percent year-on-year to reach 14.5 million units. In fiscal Q1 2013, Lenovo’s combined sales of smartphones and tablets surpassed PCs for the first time ever — and now smartphones alone are outselling PCs. According to the latest figures from market research firm IDC, Lenovo was the fourth-largest smartphone vendor globally in the second quarter of 2014 after a “record quarter” in China. Notably, IDC also noted that the company’s share of shipments outside of China was almost triple that of the 5 percent share recorded in Q2 2013.

Read the full story at The Next Web.

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