From the financial report announced recently, it can be seen that the corporation shipped 14 million smartphones in fiscal second quarter. The number of Lenovo smartphone sold rises 25% compared to the Q1.

Lenovo: current situation

According to the company’s financial results, they shipped 14 million phones in the quarter, resulting in a 25% increase sales from the first one. Specifically, the sales from smartphones contributed to $2 billion, which rose 20% compared with the first quarter. There are some goods smartphones in this year including Lenovo Zuk Z2 Pro, Lenovo Phab 2 Pro and so on. Such impressive appearances and decent specs make the brand more popular in the smartphone market.

The Motorola shipment also contributed to this noticeable rise. They are reported to increase the shipment up to 40%. Since the Motorola G4 and Motorola Moto Z started shipping, the sales figures rose remarkably. It seems that Motorola seems to become a formidable opponent against Apple in terms of market shares. Specifically, with those high-end devices, Motorola controls 52.5% market shares, while Apple 39.4%.

Recently, it is reported that Lenovo will change their name to Moto brand. This means there will be just Moto smartphones in the future. On the 8th November event, the company will launch their two new Lenovo P2 and Moto M. This P2 might be the last phone will come with the Lenovo brand name. However, there’s still no official information from them towards this piece of news. Before any confirmation, we should keep an open mind!

Lenovo: future plan

Since the debut, the Moto Z series were sold over 1 million units. And the corporation is trying to push sales to reach 3 million in the first 12 months. About the Moto Z, they plans to expand the Moto Mod range of magnetic add-ons. In order to implement this plan, the company has cooperated with crowdfunding site Indiegogo to raise money for this project.