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November 12, 2015 07:43 am -05
Lenovo had a nice run of profits thanks to its PC business, but like many others, it's finding smartphones to be a tougher go. Thanks to charges related to its Motorola acquisition and $300 million worth of unsold phones, the company incurred a hef...
Original Link: http://www.engadget.com/2015/11/12/lenovo-blames-smartphones-for-its-first-losses-in-six-years/
Lenovo blames smartphones for its first loss in six years
Lenovo had a nice run of profits thanks to its PC business, but like many others, it's finding smartphones to be a tougher go. Thanks to charges related to its Motorola acquisition and $300 million worth of unsold phones, the company incurred a hef...Original Link: http://www.engadget.com/2015/11/12/lenovo-blames-smartphones-for-its-first-losses-in-six-years/
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Engadget
Engadget is a web magazine with obsessive daily coverage of everything new in gadgets and consumer electronics. Engadget was launched in March of 2004 in partnership with the Weblogs, Inc. Network (WIMore About this Source Visit Engadget