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Media: Lenovo strengthens its smartphone business with ASUS personnel

Taiwanese company “Asustek” is considered the market leader in gaming smartphones. However “DigiTimes“, citing industry sources, warns of an increasing threat from “Lenovo”.

According to insiders. – In recent years, “Lenovo” has hired several top managers from the “Asustek ROG Phone”. Business units developing gaming smartphones. Sources also note that “Lenovo” has significantly expanded its research capabilities. Exatly in the field of gaming devices.[/vc_column_text][vc_raw_html]JTNDc2NyaXB0JTIwYXN5bmMlMjBzcmMlM0QlMjJodHRwcyUzQSUyRiUyRnBhZ2VhZDIuZ29vZ2xlc3luZGljYXRpb24uY29tJTJGcGFnZWFkJTJGanMlMkZhZHNieWdvb2dsZS5qcyUyMiUzRSUzQyUyRnNjcmlwdCUzRSUwQSUzQyUyMS0tJTIwNzI4JTJBMTIwJTIwLS0lM0UlMEElM0NpbnMlMjBjbGFzcyUzRCUyMmFkc2J5Z29vZ2xlJTIyJTBBJTIwJTIwJTIwJTIwJTIwc3R5bGUlM0QlMjJkaXNwbGF5JTNBaW5saW5lLWJsb2NrJTNCd2lkdGglM0E3MjhweCUzQmhlaWdodCUzQTEyMHB4JTIyJTBBJTIwJTIwJTIwJTIwJTIwZGF0YS1hZC1jbGllbnQlM0QlMjJjYS1wdWItNTExMzgyNjg4NTA4ODUzOCUyMiUwQSUyMCUyMCUyMCUyMCUyMGRhdGEtYWQtc2xvdCUzRCUyMjkxMTc3ODc3MTElMjIlM0UlM0MlMkZpbnMlM0UlMEElM0NzY3JpcHQlM0UlMEElMjAlMjAlMjAlMjAlMjAlMjhhZHNieWdvb2dsZSUyMCUzRCUyMHdpbmRvdy5hZHNieWdvb2dsZSUyMCU3QyU3QyUyMCU1QiU1RCUyOS5wdXNoJTI4JTdCJTdEJTI5JTNCJTBBJTNDJTJGc2NyaXB0JTNF[/vc_raw_html][vc_column_text]

Earlier, “DigiTimes” interlocutors from the supply chain of smartphone components reported next.

Lenovo’s plans to introduce a Legion Gaming Phone gaming smartphone with a Qualcomm Snapdragon 865 processor and a powerful battery. That could undermine the position of the ROG Phone in the gaming smartphone market. Now, insiders say that Lenovo will release new items in May.

ASUS retains its smartphone business, despite the losses. According to the Chinese portal Gizmochina:
in 2019 the company lost about 10 billion Taiwan dollars or about 334 million US dollars in this direction.[/vc_column_text][vc_column_text]On Wednesday, May 13, “Asustek” is due to release its first quarter financial report for 2020. So far, it is known that the company’s consolidated revenue for January-March amounted to 70.85 billion Taiwan dollars (2.36 billion US dollars). This is 17.55% less than a year ago. In a full report, “ASUS” will present data on net and operating income.

According to figures on the company’s website (where a Taiwanese vendor publishes sales information every month) showed next.

In April “ASUS” consolidated revenue in monthly terms decreased by 14% and amounted to 22.73 billion Taiwan dollars (760 million US dollars). However, compared with April 2019, sales increased by 14%.

In total, four months from the beginning of 2020, the company earned 93.58 billion Taiwan dollars (3.13 billion US dollars). This is approximately 12% less than the turnover received over the same period last year.

As the PC business remains “Asustek’s” main source of revenue. The decline may indicate problems in the computer sector. Earlier, from a Gartner report on the situation in the global PC market, it became known that in the first quarter of 2020, “ASUS” supplies sank more than 26% year on year. With a result of just over 2.6 million PC devices, the company took sixth place in the ranking of the world’s largest PC manufacturers. “ASUS market” share in the indicated period decreased from 6% to 5%.

Asus Lenovo

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