Home / Business / Technology

BRICS nations spur Lenovo sales

By Ma Si | | Updated: 2017-09-04 11:21

BRICS nations spur Lenovo sales

Tong Fuyao, senior vice president at Lenovo, introduces the ThinkPad X1 Carbon 2017 on April 18, 2017 in Beijing.[Photo provided to]

Lenovo is seeing impressive growth in BRICS nations, as the Chinese tech giant steps up efforts to tap into the smartphone and personal computer market.

Lenovo Chairman Yang Yuanqing said revenue generated from BRICS nations accounts for 45 percent of the company's total revenue.

"In the past fiscal year, we recorded $6 billion in combined revenue from Brazil, Russia, India, and South Africa, marking a 10-fold jump from the number 10 years ago," Yang said.

In addition to occupying the top spot in Russia's personal computer market, Lenovo is also the second largest smartphone vendor there, with a market share of 9 percent.

In India, a Lenovo smartphone is sold every three seconds. According to the Beijing-based company, it will ramp up resources to tap into local consumers' growing demand for quality consumer electronics.



Most Viewed in 24 Hours
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349