Lenovo tablet shipments up 326% to 3.4 million in third quarter

Lenovo said its tablet shipments grew 326 percent year-over-year to 3.4 million units in the third fiscal quarter of 2013-14. Tablet growth was driven by the launch of the Yoga Tablet.

The company claims that it has 4.3 percent market share. In the third quarter, Lenovo introduced Yoga Tablet, Miix2 8-inch tablet, etc.

Lenovo’s combined shipments of smartphones and tablets – 17.3 million devices – surpassed the 15.3 million PCs it sold. Lenovo’s Mobile Internet and Digital Home (MIDH) products revenue — including smartphones and tablets – rose 73 percent to $1.7 billion. This business contributes 16 percent revenue to Lenovo.

Lenovo Tablet

The company said it is the fourth largest smartphone vendor with 4.8 percent share, growing shipments 47 percent year-over-year. After buying Motorola Mobility, Lenovo becomes a strong number three smartphone maker.

Comparing with Apple or Samsung, Lenovo is still a very small vendor in both smartphone and tablet market.

In China, Lenovo was number two in smartphones and number three in tablets.

In the Asia Pacific geography, Lenovo reached a milestone of selling 1 million smartphones.

Lenovo said its tablet shipments grew nearly 450 percent year-over-year in the Europe/Middle East/Africa (EMEA) geography.

Anand B
editor@gizmolead.com

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