backtop


Print 40 comment(s) - last by Xplorer4x4.. on May 27 at 1:52 AM

Lenovo continues to defy the downward trending market with big gains year-over-year.

For the past year, Lenovo has been the king of the global PC market, displacing longtime leaders Hewlett-Packard and Dell. Lenovo is continuing its dominance for its fiscal 2014 period (which ended in March), holding on to its No. 1 global ranking. It recorded five percent year-over-year grown in PC shipments while the overall market declined by eight percent.
 
Lenovo also made significant inroads in the U.S. market, where HP and Dell are still in first and second place. Lenovo’s strengthened PC lineup allowed it to vault past Apple to claim the third place spot for its fiscal fourth quarter (January through March 2014).
 
“The record sales and profits that we delivered last year prove that Lenovo can grow and deliver its commitments, no matter the market conditions,” said Lenovo Chairman and CEO Yuanqing Yang. “Not only did we strengthen our leading position in PCs, but we gained three points in tablets by quadrupling sales volume and became the fastest growing major smartphone company in the world.”

 
Speaking of smartphones, Lenovo sold 50 million smartphones for fiscal 2014, enough to make it the world’s fourth largest smartphone marker – it is currently the second largest smartphone maker in China. This tally will only grow once Lenovo adds in its recent acquisition of Motorola Mobility from Google.
 
As for its financial performance during fiscal 2014, Lenovo saw a 14 percent increase year-over-year (YOY) in revenue to $38.7 billion, a 27 percent increase YOY in full-year pre-tax income to $1.01 billion, and a 29 percent increase in full year earnings to $817 million.
 
“The record sales and profits that we delivered last year prove that Lenovo can grow and deliver its commitments, no matter the market conditions,” said Lenovo in a statement.

Source: Lenovo



Comments     Threshold


This article is over a month old, voting and posting comments is disabled

Nice...
By retrospooty on 5/21/2014 9:51:56 AM , Rating: 2
I hope they do with Moto what they did with the Thinkpad line. Everyone expected a Chinese manufacturer would cheapen the solid quality name of the lineup and make a few quick bucks... Lenovo not only kept the thinkpad quality, but made it even better. Absolutely by far the best quality laptops with the least warranty returns in the business among all makers including Apple year after year after year.




RE: Nice...
By Manch on 5/21/2014 10:21:36 AM , Rating: 2
A lot of those features trickle down to their ideapad line and some of the other model lines.

I like them a lot too. They're good PC's, solidly built.


RE: Nice...
By cruisin3style on 5/21/14, Rating: -1
RE: Nice...
By Flunk on 5/21/2014 11:41:37 AM , Rating: 2
What company is manufacturing PCs in the US right now. HP, Dell, all the big names subcontract everything to China and just sell the brand.


RE: Nice...
By michael2k on 5/21/2014 6:12:04 PM , Rating: 1
A few models of Macs are 'made' in the US.

Heck, a few models of ThinkPads are 'made' in the US.

So... how does that help?


RE: Nice...
By retrospooty on 5/21/2014 7:15:11 PM , Rating: 1
They are made in China, a few are "configured" in the US and labelled "assembled" in the US... What that means is it's all made in China and when someone orders it with a 4tb hard drive and 8gb RAM and a particular video card, they put in the hard drive,RAM and VC and ship it. "Assembled in the USA" Weeeehaaaw! - BTW, the VC and RAM was mad in China and the hard drive likely either Thailand, Malaysia, or China.

The fact is the US is way deep into it's process of outsourcing low paying assembly jobs. It started long ago, and life wont end over it. Like many others have said, you cant buy a PC built in the US. Not because of your patriotism, its just because the options aren't there.


RE: Nice...
By Apone on 5/21/2014 11:42:10 AM , Rating: 2
@ cruisin3style

Well your "U.S." companies like Apple has its popular iPhone manufactured in China. And the "All American" Chevy Camaro was built in Canada until only recently.

Capitalism (which our country was founded on) dictates where the profits go so I'm not sure why you're getting all hell bent. This is the essence of Globalization in business so whatever "American" company you're thinking about most likely has operations and/or resources from a non-US entity.


RE: Nice...
By retrospooty on 5/21/2014 11:44:40 AM , Rating: 2
Uh... What exactly is a PC or laptop built here? I think some Dells are assembled here, but the low end stuff is garbage and the high end stuff is good, but overprived and still not not as good as Lenovo.


RE: Nice...
By danbob999 on 5/21/2014 11:45:00 AM , Rating: 1
Why should I care if it's a US or Chinese company?


RE: Nice...
By Samus on 5/21/2014 2:26:28 PM , Rating: 2
While I still prefer HP's elitedesk workstations over Lenovo's Thinkcentre S-series, there is no ignoring that Lenovo's are substantially less expensive, and that can only be due to the fact they are a Chinese company with less overhead, pensions, etc, that HP.

HP is still quite ahead at being #1 in PC sales, but Lenovo is obviously eroding their marketshare at the high end, and I prefer Lenovo servers because of their less proprietary nature.

HP has for years required you purchase hard disks in order to get OEM trays for SAS backplanes, and recently introduced HP SmartMemory which is whitelisted memory in the BIOS. This brings hardware whitelisting (usually delegated to just expansion modules such as WLAN) to a whole new level. Ironically, HP has been removing whitelists from BIOSes on their elitebook laptops recently.

The real killer for HP's future server business is they will no longer issue free BIOS updates for servers out of warranty. This is borderline criminal because nobody has more BIOS bugs than HP (and Dell.)


RE: Nice...
By retrospooty on 5/21/2014 7:18:14 PM , Rating: 2
"HP has for years required you purchase hard disks in order to get OEM trays for SAS backplanes"

Dell does that too, so aggravating. On top of it they wont sell it to you. YOu literally have to go elsewhere. At least with memory I get it. They want to make sure it's certified, memory is important on a server. The hard drive tray is not.


RE: Nice...
By Manch on 5/22/2014 3:40:35 AM , Rating: 3
Would a 3D printer help in this case or does the tray have some proprietary interface for the hdd?

I know Dell used to change the pin out on their MB so you "had" to buy their proprietary PSU at double the cost of a similar one. They did this on their desktops! We figured out it was just a couple wires that needed to be switched and saved ourselves a lot of money that way. This was awhile back though. I would have troops plugging in PC's that just arrived from the states without switching the voltage on the back and poof! Thank God auto switching PSU's are the norm for the most part.


RE: Nice...
By retrospooty on 5/22/2014 8:22:53 AM , Rating: 2
There are no special parts, just plastic. A 3d printer would do the trick, but it's defeating the purpose for a $5 piece of plastic. Better off buying 3rd party, unless... you already have a 3d printer.


RE: Nice...
By Manch on 5/23/2014 6:20:24 AM , Rating: 2
True. I didnt know if you could get them 3rd party or not. There are websites that will print parts for you if need be. They may cost more than $5 though. If you have a requirement to do a lot of custom fabrication then they are nice.


RE: Nice...
By mrwassman on 5/21/2014 1:23:12 PM , Rating: 1
Your suggestion is nearly impossible. Compounding this problem is the fact Americans want either the cheapest and/or coolest technologies, both of which are going to be made in China. When was the last time a "US company" ever did anything for Americans that was more than just a marketing idea? When was the last time Apple/Microsoft/etc. handed out free tablets to kids with cancer who are dying in a hospital? Maybe they have been and keep it a secret? Debatable...

American business is about making a few people rich through slave labor and consequently fucking over anything resembling middle class (and I'm not just talking about social standing). For instance, the medium in tools, Craftsman, are now worse than harbor freight. Our ignorance is taking us out, big surprise.


RE: Nice...
By Manch on 5/22/2014 3:43:21 AM , Rating: 2
Put down the kool-aid and step away.

Harbor Freight better than Craftsman? bwahahahahahahahaaaa!!

Lastly learn what ignorance means...


RE: Nice...
By Spuke on 5/21/2014 1:37:02 PM , Rating: 2
quote:
Stop sending china your money. Just because everything is made in China doesn't mean buying from a Chinese company doesn't send the profits there as well.
You sound like some old stupid f&*k that is clueless about where things are made. I challenge you to name one thing in your household that is ENTIRELY US designed and manufactured. Do you realize the computer or mobile device you used to type that ignorant statement was manufactured in China?


RE: Nice...
By GulWestfale on 5/21/2014 2:26:58 PM , Rating: 2
archie bunker has a DT account!


RE: Nice...
By tayb on 5/21/2014 3:45:27 PM , Rating: 2
It's amazing the kind of response you get from a simple suggestion to buy American. American companies might manufacture in China but the profits stay in the US. Chinese companies manufacture in China and keep their profits there as well.

China shamelessly rips off American intellectual property and then promotes protectionism by urging citizens to buy from inside their own borders. It's great for their economy because they don't have to spend the capital for research and development and all profits stay in their borders.

When you buy from a Chinese company you are transferring 100% of the purchase price from the US economy to the Chinese economy. When you buy American you are transferring maybe 1-5%.

Buy American, boost America's economy. Simple as that. That is certainly what China is doing. I don't know why people react so negatively when it is suggested that they buy American.


RE: Nice...
By Reclaimer77 on 5/21/2014 3:54:50 PM , Rating: 1
quote:
American companies might manufacture in China but the profits stay in offshore tax shelters and other holdings


Fixed that for you :)

quote:
When you buy from a Chinese company you are transferring 100% of the purchase price from the US economy to the Chinese economy.


lmao what hyperbole! 100%??

Please think about that, and get back to me.

quote:
I don't know why people react so negatively when it is suggested that they buy American


Probably because in this case, there IS no American alternative. So attacking someone for daring to buy from China is ignorant and offensive.

quote:
Buy American, boost America's economy. Simple as that.


No it's not really that simple actually. In some ways, buying from China helps the American consumer far more.

If I can buy the same product from China, for a third or half of what I could an "American" alternative, I now have MORE of my money leftover to invest in the economy.

Translation: Chinese goods allow the American consumer to leverage more buying power, because their dollar goes further.

In the end, we did it to ourselves you know. There's no body to blame but our Government for the mess we're in.


RE: Nice...
By tayb on 5/21/2014 5:18:39 PM , Rating: 2
I don't even know how this stuff makes sense in your own head. Transferring money out of the American economy to China is good because the money saved can then be spent inside the American economy??

American laptop - $400
Chinese laptop - $200

I buy the Chinese laptop and I have $200 left over to spend elsewhere to boost the US economy. Benefit to US economy is potentially $200, benefit to China is $200. That is assuming you take the leftover $200 and buy American instead of saving it. More likely is you'll spend the remaining $200 on another Chinese gadget or just save it. The real net benefit here to the US economy will be closer to $0.

I buy the American laptop and have $0 left over. Benefit to US economy is $390, benefit to China is $10.

How did this make sense in your head? You somehow managed to convince yourself that buying from China is a benefit to the US economy. Astounding.


RE: Nice...
By StevoLincolnite on 5/21/2014 5:50:45 PM , Rating: 2
I don't live in the USA or China.
So whoever gives me the best price for what I need, wins.


RE: Nice...
By Reclaimer77 on 5/21/14, Rating: 0
RE: Nice...
By Apone on 5/22/2014 1:10:39 PM , Rating: 1
quote:
You're a fucktard, you know that?


LOL!


RE: Nice...
By Apone on 5/21/2014 5:11:19 PM , Rating: 2
quote:
It's amazing the kind of response you get from a simple suggestion to buy American.


It's amazing the amount of ignorance there is from people who don't know business fundamentals or supply chain logistics considering the power of the Internet at your fingertips.

quote:
American companies might manufacture in China but the profits stay in the US.


So you've seen American companies' books and confirmed that?

quote:
Buy American, boost America's economy. Simple as that.


It's not that simple. Exactly what classifies a company as "American"? Is Toyota un-American because it's a Japanese company with a Japanese name even though it has production plants in the midwest and employs thousands of Americans? (lest we forget that Toyota is also a household name in the United States)

Is GM un-American because its Buick Regal is built in Germany?

Reclaimer77 is correct; we leverage more buying power since our dollar goes further.


RE: Nice...
By Xplorer4x4 on 5/27/2014 1:52:16 AM , Rating: 2
Interesting to note that I have family in logistics at Toyota. He claims a Toyota Camary has more American made parts in it then a Ford Crown Victoria(and I assume that's going for it's relatives in the Lincoln and Mercury line as well). The Crown Vic was pretty much the standard for every police department in the US as they were the reliable work horse cars they need unlike the old Impala's from a several years back. Our local PD dept has almost entirely phased out the Impala for Crown Vic which is now be phased out slowly for the Dodge Charger..but I am getting OT here..


RE: Nice...
By w8gaming on 5/22/2014 11:39:00 AM , Rating: 2
Actually the problem is more complicated than that, no? If you meant boost America's economy means the company will have put cash within America borders then a lot of companies actually does have cash in America and in some ways boosting the economy. However, the government is not getting a lot of tax out of this due to creative tax evasion tactics. Whether the America or even foreign companies are boosting America's economy depends on how they are using their fund and whether they put them in circulation within America to create more jobs etc. In some ways even Lenovo is creating lots of retailing jobs.

http://www.americanprogress.org/issues/tax-reform/...


RE: Nice...
By inperfectdarkness on 5/21/2014 4:17:47 PM , Rating: 1
Ok. I'm just going to CONTINUE to buy MSI and send my money to TAIWAN...where 99% of all laptops ARE MADE ANYHOW.

P.S.
F-Apple. The only thing that surprises me is that HP and Dell are still on top. I would have expected Asus, Lenovo and possibly even Toshiba to have booted them a while ago. Why buy HP/Dell? If I want a Clevo chassis, I'll just go to AVADirect.


RE: Nice...
By retrospooty on 5/21/2014 4:39:49 PM , Rating: 2
"Why buy HP/Dell?"

Corporations buy them and buy them is high volume. The higher end more expensive ones are actually really good. Dell also gets a boost because its lower end ones are cheaper than dirt and many consumers get them... They are cheap and fall apart, but they sell well.


RE: Nice...
By Manch on 5/22/2014 3:27:03 AM , Rating: 2
I buy American if and when I can but stop being a troll. Most parts are sourced from China and "Assembled in America"

If all things being equal, one is actually made in America and the other elsewhere, Ill pay a slight premium for the American product but Im not going to waste my money on a huge premium.


RE: Nice...
By xti on 5/22/2014 3:06:25 PM , Rating: 2
so i should just take a dump in a box and slap a "GO USA GO" sticker on it and make millions?

consumers vote with their wallets based on value. nothing more, nothing less.


RE: Nice...
By daar on 5/21/2014 11:00:53 AM , Rating: 2
I bought a Thinkpad 2 years after the acquisition, the screen started forming large bubbles after a few months and the chassis itself was loose. Quality definitely went down, and while they could have ironed out the problems by now, I think most laptops these days are pretty solid.


RE: Nice...
By retrospooty on 5/21/2014 11:46:14 AM , Rating: 2
One laptop vs millions of laptops is not a trend. The RLA (Reverse Logistic Association) tracks actual warranty repairs and Lenovo beats all every year consistently.


RE: Nice...
By DanNeely on 5/21/2014 11:05:49 AM , Rating: 2
I thought they initially tried cheaping out on Thinkpads but were forced to back track to the traditional high quality levels by a mass revolt on the part of the businesses who were their main customers.


RE: Nice...
By PorreKaj on 5/21/2014 1:17:30 PM , Rating: 2
T540p, and even the W540, is constructed in the cheapest, most discusting plastic i have ever met in a laptop.

Listen to it: (W540)
https://onedrive.live.com/redir?resid=582E08D8001B...


RE: Nice...
By retrospooty on 5/21/2014 1:32:14 PM , Rating: 1
Very scientific. /s


RE: Nice...
By flyingpants1 on 5/22/2014 12:00:28 AM , Rating: 2
Are you insane? This is now my favourite video.


"My sex life is pretty good" -- Steve Jobs' random musings during the 2010 D8 conference














botimage
Copyright 2014 DailyTech LLC. - RSS Feed | Advertise | About Us | Ethics | FAQ | Terms, Conditions & Privacy Information | Kristopher Kubicki