Lenovo is accustomed to good financial news, but even it's not immune to the tepid smartphone market. The company's mobile division lost $112 million as sales took a 23 percent nosedive, including both Moto and Lenovo handsets. Not long ago, Lenovo was the number one smartphone maker in China, with mobile sales (including tablets) actually besting PCs. Now, however, it's well behind arch-foes Oppo, Huawei and Vivo.
Via: Reuters
Source: Lenovo
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