HONG KONG (Yosefardi) – Lenovo reported Asia Pacific AP accounted for 15% of the Group’s total revenue ror the six months ended September 30, 2013.
The Group strategically balanced between growth and profitability and gave up certain non-profitable education deals in the region. Nevertheless, Lenovo continued to gain market share in Asia Pacific in fiscal quarter two.
During the period under review, Lenovo continued to solidify its number one position in Japan, while in ASEAN, the Group demonstrated strong growth by outperforming market by a 16-point premium, and its market share in the region increased by 1.6 percentage point from a year ago to a record-high level of 11.0 percent.
Lenovo also achieved its strong growth in its smartphone business in key region like ASEAN, and has reached more than 10% market share in Indonesia during the fiscal quarter two according to preliminary industry estimates.
For the six months ended September 30, 2013, the Group’s sales increased by 11 percent year-on-year to US$18,561 million. Sales of the Group’s PC business were US$15,282 million, representing a year-on-year increase of 3%, while the sales of Mobile Internet and Digital Home (MIDH) business, increased by 105% year-on-year to US$2,679 million. Revenue of other goods and services was US$600 million, representing a year-on-year increase of 10%.