Skip to main content

Lenovo Turns to Phones With Novel Technology for Growth

Lenovo Group Ltd. is adding experimental technologies to its smartphones in a bid to grow its business, trying to overcome declining personal computer shipments and a competitive mobile market.
The Beijing-based company said Thursday it will introduce a phone that uses a Google sensory technology named Tango, and announced two new Motorola handsets that can be augmented with additional equipment via 16 “magic dots” in their backs. At an event in San Francisco, the company also announced a partnership with networking vendor Juniper Networks to extend its data center unit.
“Over the past two years Lenovo has been transforming, making major acquisitions in mobile and infrastructure to expand beyond our core PC business,” said Yuanqing Yang, the company’s chairman and chief executive officer. “I was told we’d better launch something pretty exciting.”
Lenovo is looking to phones for growth to offset a struggling PC market. Lenovo was the largest single vendor of PC shipments in the first quarter of 2016, according to IDC, but shipments declined 8.5 percent on a year earlier. The company acquired the Motorola smartphone business for $2.8 billion in 2014 to help it hedge against this weakness, but turning those phones into major sales has proven to be a challenge.
Competitive Market
Lenovo faces an uphill battle trying to regain its share of the mobile phone market against renewed competition from local rivals like Huawei Technologies Co. Its smartphone sales in China fell 85 percent compared to a year earlier, Jenny Lai, an analyst at HSBC, wrote in a note to clients following Lenovo’s fourth-quarter results in May. Lenovo reported a full-year loss of $128 million compared with net income of $829 million a year earlier.
“Lenovo will step up its mobile investments in order to achieve targets,” she said. “Financial year 2017 will be a transitional year for Lenovo with flat shipments and continued operating losses in mobile business.”

For more information


Popular posts from this blog

Sprinklr launches major push into customer experience

Sprinklr, the unicorn startup with a valuation of $1.8 billion, reported a noteworthy refresh today, which moves the organization's concentration from an unadulterated social signs stage to client encounter administration. While despite everything it utilizes social as a focal preparing point, the thought is to bring a common arrangement of advertising undertakings under a solitary umbrella they are calling the Experience Cloud.

In the event that that sounds natural, this is on account of Adobe discharged an item with a similar name fourteen days back. Sprinklr is adopting a comparative strategy with a brought together stage, yet with the objective of having the capacity to deal with the client through what you think about them from a social point of view.

For CEO Ragy Thomas, it's about discovering more inventive approaches to utilize the social data they have been gathering for as far back as 7.5 years the organization has been around.

The recently extended stage includes f…

Here is the upcoming updates for Google Assistant announced in Google I/O 2017

Google Assistant is an intelligent personal assistant developed by Google.  It becomes immense popular all around the world.

Since the Google intelligent assistant was announced a year ago, here coming more Assistant updates this year.

In Google I/O 2017 - stated upcoming Google Assistant updates are

Google Assistant launches App DirectoryGoogle Assistant app for iPhoneGoogle Home phone calls and push notificationsAdd events to calendar and type messages to Google AssistantVisual responses from Google Assistant on TV with Chrome castGoogle Lens for computer vision in the worldGoogle Assistant actions for Android and iPhoneNative payments for Google Assistant actionsSoftware development kit partnersSmart home control for LG and GE appliances

Samsung promises to fix red Galaxy S8 screen issue

Awesome news, Samsung fans — you won't not need to manage red-tinted telephone screens until the end of time.
Because of grumblings from early Galaxy S8 proprietors who guaranteed their gadget screens looked red in shading, Samsung arrangements to take out the issue with a product update.
"Since there are a few protests about the red-tinted screens, we chose to update the product one week from now for all Galaxy S8 customers," a Samsung representative disclosed to The Korea Herald on Friday.
ZDNet detailed the show issue not long ago after a few clients who pre-requested the telephones in South Korea started presenting photos and objections via web-based networking media locales.
After "World S8 Red Screen" started slanting on the district's biggest web crawler, Naver, Samsung discharged an announcement to ZDNet, guaranteeing the issue could be physically settled utilizing the accompanying grouping of activities: Settings > Display > Screen Mode &…