LENOVO GROUP(HK:00992) Zhi Tong Cai Jing·2025-08-10 06:06Core Insights - The international smartphone market, excluding China, generated total revenue of $91.3 billion, reflecting a year-on-year growth of 9.2%, significantly surpassing the previous growth forecast of 1.2% [1] - Lenovo's mobile business performed exceptionally well in overseas markets, achieving a remarkable revenue growth of 14.6% year-on-year, solidifying its position as the fourth largest globally with a market share of 5.4% [1] - Motorola's global revenue share increased to 3.0%, ranking eighth, showcasing strong performance compared to competitors [1] Group 1: Market Performance - Lenovo's mobile business in the Asia-Pacific emerging markets saw a revenue increase of 66%, with India alone experiencing a growth rate of 44% [2] - In North America, Lenovo's revenue reached $1.07 billion, marking an 18.2% year-on-year increase, with a market share of 5.3%, moving up to third place [2] - Lenovo Motorola's revenue in the Chinese market surged by 52% year-on-year, with a shipment increase of 32%, indicating robust growth despite a declining local market [2] Group 2: Financial Highlights - In the fiscal year 2024-25, Motorola's revenue reached 62.6 billion yuan, a 27% increase, achieving the highest revenue since Lenovo's acquisition [3] - The smartphone shipment volume increased by 75% compared to 2020, reflecting strong market performance [3] - Lenovo Motorola's revenue share in global markets, excluding China, surpassed OPPO, Transsion, and Google, moving from fifth to fourth place [3] Group 3: Future Outlook - The global smartphone market is expected to continue its trend towards high-end products, with revenue growth anticipated to outpace shipment growth in 2025 [3] - The rising interest in generative AI smartphones and foldable devices presents significant growth opportunities for Lenovo Motorola, leveraging its strengths in personal smart devices and foldable technology [3]