Lenovo profits for three consecutive quarters

Source: Internet
Author: User
The News (reporter Peng) Lenovo handed over a beautiful 09/10-year financial report (as of March 31, 2010) for three consecutive quarters of profits, and for six months to become the world's top five computer manufacturers in the fastest growing enterprises.  Lenovo CEO Yang said that in the future will be in the personal computer and mobile Internet two in the direction of continuous force. The data show that Lenovo's annual sales of 16.6 billion U.S. dollars, to achieve a profit of 129 million U.S. dollars.  As of March 31, Lenovo's net cash reserves were $1.94 billion trillion. The Greater China region, dominated by the mainland, remains Lenovo's most important source of profits. In China, Lenovo's combined sales in the quarter were $2 billion trillion, with an annual cloak growth of 67%, accounting for 45.3% of the group's global sales.  Lenovo has a market share of 28.7% in China's PC market.  Lenovo chairman Liu said that China is still Lenovo's "fundamental", whether it is PC or mobile internet, Lenovo "The only advantage is in China." But such an advantage may be facing some new challenges. Yesterday, the global PC market "second-in-command" Acer announced in China to work with founder Group, although did not disclose details related to the PC, but Acer intends to gongchenglvede in the mainland market, the strategic intention is obvious.  More notably, netbooks are the "rich way" for Acer to replace Dell as the world's second-largest PC company, and Lenovo has just devoted its efforts to "mobile internet" in China, and the two sides are likely to hand-to-hand in this new area. But just a few days ago, Chen, Lenovo's senior vice president, said it was "almost impossible" for anyone to "replace Lenovo" in China in the short term.
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