Lenovo rebounds to profit by snapping up struggling rivals

President Lanci discusses future steps as Motorola finally dials profit

20190221 Lenovo

Lenovo reported a net profit of $233 million for October-December. © Reuters

SHUNSUKE TABETA, Nikkei staff writer

BEIJING -- Lenovo Group celebrated a return to black ink for the quarter through December, earnings out on Feb. 21 showed, enjoying the fruits of a leading PC market share amassed by acquiring flagging players.

Mobile phone operations also turned a profit for the first time since the Chinese company purchased the Motorola brand from Google in 2014.

Sponsored Content

About Sponsored ContentThis content was commissioned by Nikkei's Global Business Bureau.