Home General Various News Lenovo nets US$157 million in 3Q16

Lenovo nets US$157 million in 3Q16

218

  • Register
Taipei, Friday, November 4, 2016 12:25 (GMT+8)
partly cloudy
Taipei
27°C

  • Article
  • . (0)
  • Related content
Print Email

Lenovo nets US$157 million in 3Q16
Press release, November 4; Adam Hwang, DIGITIMES [Friday 4 November 2016]

Lenovo has reported third-quarter 2016 (its fiscal second-quarter 2016) consolidated revenues of US$11.231 billion, gross margin 14.31%, net operating profit US$215 million and net profit US$157 million.

Lenovo shipped 14.5 million notebooks, desktops and tablets for a global market share of 21.5% and generated revenues of US$7.8 billion in the third quarter. The company shipped 14 million smartphones globally under its brands Lenovo and Motorola, and brought in revenues of US$2 billion in the third quarter. Lenovo posted third-quarter revenues of US$1.1 billion from servers, storage equipment, software and IT services.

Of the third-quarter consolidated revenues, US$3.2 billion came from China, slipping 4% on year, US$1.9 from the Asia Pacific region except China, down 4%, US$2.7 billion from EMEA, down 14%, and US$3.4 from North and Latin Americas, down 7%.

Tweet

Categories: IT + CE Mobile + telecom Mobile devices PC, CE

Tags: 3Q16 Lenovo US

    Related stories

  • India market: Xiaomi and Lenovo smartphone shipments climb, says Canalys (Nov 2)
  • India market: 35 million smartphones shipped in 3Q16, says Counterpoint (Oct 21)
  • Digitimes Research: Worldwide notebook shipments grow sequentially in 3Q16 (Oct 20)
  • Lenovo rumored acquisition of Fujitsu PC business may benefit Compal, says paper (Oct 11)
  • Lenovo raises notebook inventory level to 5 months eying year-end holiday sales (Oct 4)
  • Lenovo shifts component orders back to Taiwan makers (Aug 23)
  • Lenovo 2Q16 revenues down, net profit up on year (Aug 19)
Realtime news
  • China September mobile communication user base grows to 1.316 billion, says MIIT

    Mobile + telecom | 1min ago

  • Lenovo president asks Taiwan component makers to lower prices

    Before Going to Press | Nov 3, 22:04

  • Everlight Electronics nets NT$3.08 per share for January-September

    Before Going to Press | Nov 3, 22:01

  • BenQ Materials sees October revenues decrease

    Before Going to Press | Nov 3, 21:59

  • Microelectronics Technology sees October revenues increase

    Before Going to Press | Nov 3, 21:58

  • 42 Japan-based PV firms go broke in January-September, says firm

    Before Going to Press | Nov 3, 21:57

  • Shin Zu Shing posts January-September net EPS of NT$3.42

    Before Going to Press | Nov 3, 21:56

  • Qisda posts 3Q16 DMS net EPS of NT$0.73

    Before Going to Press | Nov 3, 21:55

  • Digitimes Research: Global LCD monitor shipments to falling at CAGR of negative 2.6% during 2017-2021

    Before Going to Press | Nov 3, 21:52

Pause
 | 
View more

VATek
Intel strategies in the mobile device market
Analysis of China revised domestic semiconductor industry goals
Sponsored links
  • Wireless broadband developments in Southeast Asia markets

    As of 2013, the 10 ASEAN nations had a total of over 700 million mobile subscriptions, with the CAGR from 2003-2013 reaching 24%. This Digitimes Research Special Report analyzes the various mobile broadband markets in ASEAN and looks at the respective trends in 4G LTE development for those markets.

  • 2015 global tablet demand forecast

    This Digitimes Research Special Report provides a 2015 forecast for the global tablet market and analyzes the strategies of key market players such as Google, Apple, Intel, and Microsoft.

  • 2015 China smartphone panel trend forecast

    This Digitimes Research Special Report analyzes the strategies of key China-based major panel makers BOE, Tianma and IVO for attacking the different market segments through technology and pricing, and their relationship to local vendors Huawei, Lenovo, ZTE, Xiaomi and Coolpad.

Buy link

LEAVE A REPLY

Please enter your comment!
Please enter your name here