www射-国产免费一级-欧美福利-亚洲成人福利-成人一区在线观看-亚州成人

US EUROPE AFRICA ASIA 中文
China / Business

Lenovo's December quarter profit misses estimates

By Bloomberg (China Daily) Updated: 2017-02-17 13:44

Lenovo Group Ltd's December quarter earnings missed projections as the world's biggest personal computer maker continued its struggle to reboot a floundering PC and smartphone business.

Net income fell 67 percent to $98 million in the quarter that ended December, Lenovo said in a statement.

That compares with the $145.9-million average of analysts' estimates. Revenue was down 6 percent to $12.2 billion compared with estimates for $11.7 billion. The Chinese company warned on Thursday that its market would remain challenging because of macroeconomic uncertainty and rising component prices.

Lenovo remains the world leader in a personal computer market struggling through a prolonged downturn as people opt for smartphones to handle everyday tasks. But it barely maintained pole position over HP Inc during the quarter as its chief rival widened its share of the North American market, according to research firm IDC.

A rise in component prices also pressured margins. The Beijing-based company is now negotiating a deal to tie up with Japan's Fujitsu Ltd and shore up its position, an imperative given the smartphone business it bought with Motorola remains unprofitable.

"Lenovo is as keen as Fujitsu to close a deal soon, so that it can comfortably retain its No 1 PC crown," said Huatai Financial Holdings analyst Ken Hui, in a research note ahead of the earnings statement.

Lenovo is cutting jobs, selling assets and pushing into higher-end devices to weather shrinking demand and competition in PCs.

Three years after Lenovo closed its $2.9 billion acquisition of Motorola Mobility, the smartphone business remains well behind vivo, oppo and Huawei Technologies Co in terms of market share.

Its mobile business turned in an operating loss of $112 million after revenue slid 23 percent to $2.2 billion. Worldwide smartphone shipments dived 26 percent as its market share slipped to 3.5 percent.

Lenovo had pinned its hopes on premium phones, such as one with augmented reality capabilities, to help stabilize the division in the second half and revive its faltering consumer business. Yet it has relinquished smartphone market share at home to rivals that are winning users over with aggressive sales tactics and nationwide store coverage.

Phone shipments, including Motorola's, dived more than 30 percent in 2016, Counterpoint Research estimated. The company was ranked ninth globally during the holiday quarter, ahead of Alcatel but behind South Korea's LG.

Lenovo has said it expects the smartphone business to turn profitable this year, though a paucity of new models cast doubt on its outlook, BOCOM International analyst Chris Yim wrote in a note ahead of the earnings.

 Lenovo's December quarter profit misses estimates

A man demonstrates a prototype VR headset at the Lenovo booth during CES unveiled before CES International in Las Vegas. The VR headset tracks head movements using cameras in the headset. AP

Highlights
Hot Topics

...
主站蜘蛛池模板: 美女大片高清特黄a大片 | 亚洲综合视频 | 99成人在线视频 | 91在线免费观看网站 | 手机看片神马午夜片 | 97超频国产在线公开免费视频 | 毛片基地看看成人免费 | 亚洲国产精品乱码在线观看97 | 看一级毛片 | 亚洲在线日韩 | 成人怡红院视频在线观看 | 国产美女做爰免费视频软件 | 日韩国产成人精品视频人 | 日韩欧美黄色 | 国产在线手机视频 | 一级毛片免费视频观看 | 免费亚洲黄色 | 久久久久久久久久久视频国内精品视频 | 久久久99精品免费观看精品 | 亚洲综合日韩精品欧美综合区 | 国产国语在线播放视频 | 国产精品久久久久久一区二区三区 | 久久99精品久久久久久秒播 | 黄色a三级免费看 | 亚洲精品一区二三区在线观看 | 天天看片日本 | 国产午夜亚洲精品 | 在线国产一区二区 | 中文字幕在线一区二区三区 | 男人的天堂毛片 | 中文字幕高清在线天堂网 | 亚洲毛片免费观看 | 色18美女社区 | 免费视频男女 | 亚洲精品99久久久久久 | 中国一级做a爱片免费 | 免费观看欧美一级牲片一 | 亚洲视频三区 | 贵州美女一级纯黄大片 | 国产一区免费观看 | 免费a级毛片无码 |