The Chinese multinational publishes its Q4 and annual results, with global growth of 11% and 5%, respectively. It will integrate the PC division with the Mobility division.

 

Lenovo Group has just announced the results of both its last fiscal and annual quarters. In global terms, it has closed the year with a 5% growth to reach 45.3 billion dollars. The division of PC and Smart Devices (PCSD) is still the one with the highest turnover (71% of total revenues), with an annual growth of 8%.

For its part, the division for Data Center (DCG) has reported annual revenues of 4,400 million euros, which is also 8% more than the previous year. The growth of 44% harvested during Q4 with respect to the same period of 2017 is remarkable. This has been possible thanks in large part to its strategy of Software Defined Infrastructure .

Finally, the Mobile Business Group (MBG) division, where Motorola is framed, has generated a turnover of 7.2 billion dollars, although it has not transcended the behavior with respect to the year previous. They do highlight the consolidation of the Latin American market with a growth of 13% year-on-year. Lenovo’s goal is to improve its results after the commitment to maintain the Moto brand.

Likewise, it is worth mentioning the company’s recent announcement to integrate the PCSD and MBG divisions, which will result in the Intelligent Devices Group (IDG) business area. Its objective is to improve efficiency in operations and face ambitious growth across the spectrum of smart devices.