▲ Up
 
09:09 01-04-2015
MAIN Russian
About us On-line subscription
KazakhstanTajikistanUzbekistanKyrgyzstanTurkmenistanWorld
POLITICSBUSINESSINCIDENTSSOCIETYCULTURESPORTANALYSISSCIENCE
Lenovo profit up 23 percent on mobile growth

Bishkek (AKIpress) - lenovo Lenovo Group Ltd. (992) reported a 23 percent surge in first-quarter profit as the world’s largest maker of personal computers gained a greater portion of the global market for desktop models and mobile devices, the Bloomberg said.

Net income climbed to $213.5 million in the three months ended June from $173.9 million a year earlier, the company said today in beating analysts’ estimates. Chief Executive Officer Yang Yuanqing also said in an interview the company is negotiating with “multiple” U.S. government agencies to win approval for more than $5 billion of planned acquisitions.

With the PC market in contraction, Yang has kept the company growing by winning share as he expands the smartphone and tablet-computer businesses. After rapidly expanding mobile-phone sales in its home base of China, the company is extending sales into the Middle East, Africa and Latin America while pursuing deals to bolster expansion.


Twitterfacebookprint
11:26 14.08.2014
LATEST NEWS
17:28 Business and investment opportunities of Tajikistan presented in Paris17:25 Uzbek-Indian ties discussed in Tashkent17:16 Oil drops to $55 as Iran nuclear talks intensify17:14 MPs discuss raid of Shin Line dairy company that sold expired ice-creams16:43 Shin-Line dairy company's expired ice-creams spark major controversy16:18 Saudi Arabia says military push will last until Yemen stable16:06 Parliamentary committee approves norm on rigid lists in second reading15:57 Parliament criticizes State Registration Service for being unready for upcoming elections15:52 It is necessary to attract best graduates to work as teachers, Education Minister says15:51 Atambayev congratulates Karimov on re-election as Uzbekistan's president15:47 Education Minister arrives in Osh with working visit15:44 Chile floods death toll rises to 1715:42 Many Kyrgyzstanis receiving religious education abroad become members of extremist organizations, Vice PM says15:35 Bishkek hosts international forum of Central Asian countries to counter extremism and terrorism15:33 Astana EXPO-2017 comnpany delegaiton visits Austria15:27 Kyrgyz-Russian Development Fund documents suggest anti-corruption expertise of funded projects15:22 Last night has become record cold in history of meteorological observations15:15 Parliamentary committee urges National Bank to take measures on U.S. dollar exchange rate15:06 Athlete from Kyrgyzstan performs at World Cross Country Championships in China15:00 Russia allocates $100 million to Kyrgyz-Russian Development Fund
Astana
-3° C
Ashgabat
+11° C
Bishkek
-1° C
Dushanbe
+10° C
Tashkent
+7° C
exchange rates
 
69.37
63.87
10.28
1.09
201.63
185.65
29.91
3.21
6.30
5.80
0.93
0.10
2642.45
2484.15
400.29
41.38
3.80
3.50
0.56
0.06

© AKIpress News Agency - 2001-2015. All rights reserved
Republication of any material is prohibited without a written agreement with AKIpress News Agency. Any citation must be accompanied by a hyperlink to www.akipress.com.
Our address:
Moskovskaya str. 189, Bishkek, the Kyrgyz Republic
e-mail: english@akipress.org, akipressenglish@gmail.com;
Tel/Fax: +996(312)90-07-75