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Lenovo, the new owner of Motorola, has just posted their financial results for Q4, 2014 where it revealed that its newest acquisition managed to sold 10 million smartphones in the last quarter of 2014.
This is a staggering 118 percent increase in shipments on a YoY basis. However, Lenovo did not report the individual units of Moto G, Moto E, Moto X and the Nexus 6 that Motorola managed to ship.
Nevertheless, it should be a given that the Moto G and Moto E make up a majority of those 10 million, especially looking at how they are dominating the low to mid-range Android smartphone market in developing countries. With the company all set to enter China from later this month, it is more than likely that its sales will continue to rise.
Despite a strong performance from Motorola, Lenovo’s mobile division posted a loss of US$89 million on a revenue of US$3.4 billion.
In its press release, Lenovo noted that Motorola’s acquisition has helped it in becoming the third largest smartphone vendor in the world and will help making it a global smartphone player. Additionally, the Chinese company sees Motorola returning to profitability in the next 4-6 quarters.
[Via Lenovo]
