Lenovo held a new fiscal year oath meeting, Latin America's market share exceeded 20%.
CTOnews.com April 21 news, Lenovo Group's new fiscal year oath meeting for the first time in South America, Lenovo Group Senior Vice President and Motorola President Sergio Buniac opened the curtain of the 2023x24 fiscal year oath meeting in S ã o Paulo.
CTOnews.com with Lenovo report card:
In terms of personal computers (PC): Lenovo Group has maintained the first market share in Latin America for two years in a row, with revenue growing for five consecutive years. The market share of computers and smart devices (PCSD) in Latin America has grown from 16% in 2017 to more than 20% today.
In terms of mobile business (Mobile): Lenovo has been second in Latin America for the past eight years, doubling its market share in the past six years, with about 30 per cent and 40 per cent share in Brazil and Argentina, respectively.
In terms of infrastructure solutions business (ISG), Lenovo ranks third in Latin America and second in Brazil, a key market.
In the programme services business (SSG): bookings and revenue in Latin America increased significantly, and Lenovo's market penetration increased by more than 50 per cent.
Buniac said Lenovo will achieve annual revenue of more than $10 billion in the Latin American market in the new fiscal year.