Device TechnologiesDevice Technologies

Device Technologies

Q1 14 Lenovo Joins the 50 Million Club

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Report Summary:

Lenovo’s global handset shipments reached over 50 million units during the trailing 12-month period up to the first quarter of 2014. The Chinese vendor is now joining an elite club that consists of less than a dozen members in the entire 30-year history of the cellphone industry. However, despite growing shipments, profits for Lenovo remain elusive, and the proposed takeover of Motorola will become a further drain on profitability.

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