CHINA TOPIX

Lenovo 3rd Quarter Revenue Beats Expectations

Dino Lirios   |

Feb 05, 2015 04:20 AM EST

Lenovo Group Ltd announced that its third-quarter revenue soared 31% to $14.1 billion, astonishing investors. This is attributed mainly to its mobile arm's sales surging 109% to $3.39 billion, with over $10 million coming from its Motorola handsets. The doubling of the mobile division's sales represent a quarter of the company's total sales.