Autodesk SeeControl enables the future of connected products with new Internet of Things cloud service

 

DUBAI, February 07, 2016 — Autodesk, a global leader in 3D design, engineering and entertainment software, has announced the launch of its new service, Autodesk SeeControl, a comprehensive new platform powering the Internet of Things (IoT) that allows customers to capture, analyze and use data from remote products. The new SeeControl, which was acquired by Autodesk in September, is expected to help manufacturers gain competitive advantage by optimizing their existing products and capturing the intelligence required to offer their customers innovative new services.

“The future of making products in the machinery and specialty vehicles industries is changing quickly and the expectations for online services have increased,” said Brian Roepke, Senior Director of Product Lifecycle Management and IoT, Autodesk. “The addition of SeeControl to the Autodesk line of IoT services will help businesses gain competitive advantage by optimizing existing products and capturing the necessary intelligence to offer their customers new services.”

According to Autodesk Senior Executives, IoT refers to the growing ecosystem of physical things embedded with electronics, software and sensors that are connected to the Internet and to each other. When these things are products sold to end customers, manufacturers can gather and stream data about how they are being used to offer valuable insights, allowing them to respond to the needs of their markets and individual customers. Connected products also create new insights for the people who design and make them, helping companies better understand their use and improve them over time.

For several years, manufacturers have been developing, manufacturing and bringing connected products to market using Autodesk cloud services like Fusion 360 and PLM 360. Now, with the addition of Autodesk SeeControl, the company has bolstered its cloud-based Product Innovation Platform with analytics that will enable its customers to achieve smarter, more predictive monitoring and achieve greater competitive separation.

Autodesk SeeControl allows manufacturers to monitor how their product performs in the real world and use live data to optimize future versions. They can keep products running at peak levels, identify potential for failure before it happens and schedule maintenance downtime when it is least disruptive. Ultimately, manufacturers can bring their customers a level of enhanced services based on information about real world product performance and consumption.

SeeControl is different from other products of its kind because;

• It’s a true multi-tenant cloud solution, which allows companies to get up and running in minutes.
• It’s device and communication protocol agnostic, meaning companies are not tied to a single standard.
• It’s easy to use, with no-coding and drag-and-drop tools for device communications, data analytics, visualization and business.

Roepke added, "Since the acquisition, Autodesk has moved aggressively to further develop SeeControl by connecting it with core Autodesk services such as 3D visualization. Bringing the live data from SeeControl into our engineering tools will better inform the next generation of designs and empower SeeControl customers in ways that weren’t previously possible before."

Meanwhile, David Keeley, Engineering Manager, TSM Control Systems, has shared their confidence in the newly offered service, “We’re excited about adopting Autodesk SeeControl because of the many ways it can help us grow our business and provide unparalleled service to our customers. In just a matter of days, we were able to connect to SeeControl and begin extracting value from live data collected from one of our products. We’re looking forward to what SeeControl will help us accomplish in the future.”

Autodesk SeeControl is available now. More information can be found at www.autodeskseecontrol.com.

"أوتوديسك" تطلق منصة "سي كونترول" لدعم مستقبل المنتجات المترابطة بخدمة سحابية جديدة لإنترنت الأشياء

7 فبراير 2015

أعلنت "أوتوديسك"، إحدى الشركات العالمية الرائدة في مجال إنتاج برامج التصميم ثلاثي الأبعاد والهندسة وصناعات الترفيه، عن إطلاق خدمتها "أوتوديسك سي كونترول"، وهي منصة جديدة وشاملة تدعم إنترنت الأشياء وتتيح للعملاء جمع وتحليل واستخدام البيانات من المنتجات عن بعد. ويتوقع أن تساعد منصة "سي كونترول" الجديدة، التي استحوذت عليها "أوتوديسك" وعملت على تطويرها، المصنعين على اكتساب ميزة تنافسية عن طريق تحسين منتجاتهم الحالية وجمع المعلومات اللازمة من أجل تزويد عملائهم بخدمات جديدة ومبتكرة.

وقال بريان رويبك، مدير أول قسم إدارة دورة حياة المنتجات وإنترنت الأشياء لدى "أوتوديسك": "يشهد مستقبل صُنع المنتجات في قطاعات تصنيع الآلات والمركبات الخاصة تغيّراً متسارعاً، حيث تتزايد التوقعات بشأن الإستعانة بالخدمات عبر الإنترنت. وإن إضافة "سي كونترول" إلى خط خدمات إنترنت الأشياء في "أوتوديسك" سوف يساعد الشركات على إكتساب ميزة تنافسية عن طريق الاستفادة من المنتجات الحالية وجمع المعلومات الضرورية من أجل تزويد عملائها بخدمات جديدة".

ووفقاً لكبار المسؤولين التنفيذيين في شركة "أوتوديسك" فإن مفهوم إنترنت الأشياء يشير إلى تنامي منظومة الأشياء المادية المدمجة بالإلكترونيات، والبرامج وأجهزة الإستشعار المرتبطة التي تتصل بالإنترنت ومع بعضها البعض. وعندما يتم بيع هذه الأشياء كمنتجات للعميل النهائي، يمكن للمستخدمين حينها جمع واستخلاص البيانات وكيفية استخدامها لتوفير أفكار ذات قيمة، ما يتيح لهم تلبية احتياجات الأسواق والعملاء من الأفراد. كما تسهم المنتجات المترابطة في خلق أفكار جديدة للناس الذين يقومون بتصميم وصناعة هذه المنتجات، ما يساعد الشركات على الحصول على فهم أفضل لاستخدامات هذه المنتجات وتحسينها مع مرور الوقت.

ويقوم المصنعون منذ سنين بتطوير وتصنيع وطرح المنتجات المترابطة في السوق باستخدام خدمات "أوتوديسك" السحابية مثل "فيوجن 360". واليوم، ومع إضافة "أوتوديسك سي كونترول"، تعزز شركة "أوتوديسك" من منصة إبتكار المنتجات القائمة على التقنية السحابية مع توفير تحليلات ستتيح لعملائها تحقيق مراقبة أذكى وأكثر قدرة على التنبؤ، بالإضافة إلى إكتساب ميزة تنافسية أكبر.

وتتيح "أوتوديسك سي كونترول" للمصنعين مراقبة أداء منصات الإنتاج على أرض الواقع واستخدام البيانات الحية لتحسين الإصدارات المستقبلية. كما يمكن للمصنعين الإبقاء على تشغيل المنتجات في مستويات الذروة، وتحديد إمكانية الفشل قبل حدوثه وجدولة زمن التوقف لإجراء الصيانة عندما يكون تأثيرها أقل ضرراً على سير العمل. ويمكن للشركات أيضاً تزويد عملائها بخدمات محسّنة تستند إلى معلومات حول أداء واستهلاك المنتجات في العالم الواقعي.

وتتميز "سي كونترول" عن المنتجات الأخرى المماثلة لكونها:

• حلّ سحابي حقيقي متعدد المستخدمين يتيح للشركات الاستعداد وبدء عملية التشغيل في غضون دقائق.
• عبارة عن جهاز ولا تعتمد على بروتوكول إتصال، ما يعني أن الشركات ليست مرتبطة بمعيار واحد.
• سهلة الاستخدام مع عدم وجود تشفير وأدوات سحب وإفلات لاتصالات الجهاز وتحليلات البيانات والتصور والأعمال.

وأضاف رويبك: "تحركنا منذ عملية الإستحواذ بقوة لمواصلة تطوير "سي كونترول" من خلال ربطها بخدماتنا الأساسية مثل التصور ثلاثي الأبعاد. ومن شأن جلب البيانات الحية من "سي كونترول" إلى أدواتنا الهندسية أن يطلعنا بشكل أفضل على الجيل الجديد من التصاميم وتزويد عملاء "سي كونترول" بأساليب لم تكن ممكنة من قبل".

كما عبّر ديفيد كيلي، مدير قسم الهندسة لدى "تي. أس. أم. كونترول سيستمز" عن ثقة الشركة بالخدمة الجديدة، حيث قال: "نحن سعداء بتبني خدمة "أوتوديسك سي كونترول" نظراً للطرق العديدة التي تتيحها لنا لتنمية أعمالنا وتوفير خدمات لا مثيل لها لعملائنا. واستطعنا في غضون عدة أيام فقط أن نتصل بمنصة "سي كونترول" والبدء باستخلاص القيمة من البيانات الحية التي تم جمعها من إحدى منتجاتنا. ونتطلع قدماً إلى ما ستساعدنا "سي كونترول" على تحقيقه في المستقبل".

وتتوفر منصة "أوتوديسك سي كونترول" للاستخدام حالياً. كما ويمكنكم الحصول على مزيد من المعلومات من خلال الموقع www.autodeskseecontrol.com.

  

Elaf Group throws spotlight on India’s culinary tradition during Indian Food Festival 2016 in Jeddah

 

February 07, 2016 – Elaf Group has organized the Indian Food Festival 2016 which was held recently at the Elaf Jeddah Hotel Red Sea Mall. The festival was inaugurated by B. S. Mubarak, Consul General of India in Jeddah, Saudi Arabia, Abdullah Bakri VP Hotels and Mohammed Bin Mahfouz VP Travel & Tourism for Elaf Group. Launched as “A food festival that brings you the best of Indian cuisine from diverse regions,” the event featured the celebrated Chef Gaurav Malhotra and his team to showcase a variety of unique and distinctive dishes in the celebration of the country’s refined culinary tradition.

Abdullah Bakri VP Hotels, Elaf Group, said: “We are proud to be part this year’s edition of the Indian Food Festival. We have always expressed our unwavering commitment to promote different international cuisines in line with our steadfast efforts to provide our customers with a truly unforgettable experience. This event not only celebrates the exotic flavors of India, but also highlights the sector’s strong tourism potential and its growing popularity in Saudi Arabia and the region.”

The event was organized in cooperation with the Indian Consulate and complements recent studies ranking the Indian food and grocery market as the sixth largest in the world. Indian cuisine’s complexity and sophistication is borne from its 5,000-year-old history.  According to the India Equity Brand Foundation, the sector is set to expand at the rate of 104 per cent and touch USD 482 billion by 2020.

 

"مجموعة إيلاف" تستعرض أبرز ملامح المطبخ الهندي التقليدي خلال "مهرجان المأكولات الهندية 2016" في جدّة

 

07 فبراير 2016 – نظمت "مجموعة إيلاف" فعاليات "مهرجان المأكولات الهندية 2016" الذي عقد مؤخراً في فندق "إيلاف جدّة - رد سي مول"، تحت شعار "مهرجان المأكولات الذي يأتيكم بأفضل ما يقدّمه المطبخ الهندي من مختلف المناطق". وتميّز الحدث، الذي حضر افتتاحه كل من سعادة ب. س. مبارك، القنصل العام الهندي في جدة، وعبدالله بكري، نائب رئيس "مجموعة إيلاف للفنادق" ومحمد  بن محفوظ، نائب رئيس "مجموعة إيلاف للسياحة والسفر"، بمشاركة لافتة للشيف جوراف مالهوترا وفريق عمله الذي قدّم تشكيلةً واسعةً من أشهى الأطباق الهندية المستوحاة من فن الطهي الهندي التقليدي.

 

وقال عبدالله بكري، نائب رئيس مجموعة "إيلاف للفنادق، نحن فخورون كوننا عضوا في دورة العام من "مهرجان المأكولات الهندية"، مضيفاً: "نحرص دوماً على إستعراض ملامح أبرز المطابخ العالمية، تماشياً مع التزامنا الوثيق بتقديم تجربة لا تنسى للعملاء. ولا يقتصر هذا الحدث الرائد على الإحتفاء بالنكهات الفريدة للمطبخ الهندي فحسب، بل يهدف أيضاً إلى تسليط الضوء على المقومات السياحية القوية لهذا القطاع والنمو الكبير الذي يشهده في المملكة العربية السعودية وسائر أنحاء المنطقة".

 

وجاء إطلاق "مهرجان المأكولات الهندية 2016"، الذي تم تنظيمه بالتعاون مع القنصلية الهندية، بالتزامن مع نتائج الدراسات الأخيرة إلى تصنيف سوق المأكولات والخضروات الهندي كسادس أكبر سوق في العالم، وذلك بالإستناد إلى التاريخ العريق للمطبخ الهندي والذي يمتد لأكثر من 5000 عام. ووفقاً لـ "المؤسّسة الهندية لحقوق العلامة التجارية"، من المتوقّع أن يحقّق القطاع نمواً هائلا بنسبة 104 بالمائة ليصل إلى 482 مليار دولار أمريكي بحلول 2020.

 

 

 

Product Placement – Vatika Night Repair Hair Cream

 

Dubai, UAE, 7 February, 2016 – Are you losing sleep because of your hair problems? Not anymore! With Vatika Night Repair Hair Cream, you can just sleep your hair troubles away. An intensive formulation from the House of Vatika, the easy-to-use overnight cream penetrates deep to offer a comprehensive solution for damaged, brittle and split hair. Its non-sticky, quick-absorbing, and leave-in formula does not leave any residue on hair or stains on pillows. So, you wake up with beautiful, healthy and smooth hair every morning.

Research has also confirmed that the scalp absorbs active ingredients better at night than during the day while hair cells regenerate faster at night as well. Therefore, a night hair cream keeps scalp nourished, restores hair’s protective protein – keratin, and repairs hair from damages caused by environment and styling treatments. Vatika Night Repair Hair Cream provides eight hours of continuous nourishment and helps to restore hair cuticles to their original bounce, shine, and strength while you are asleep.

Vatika Night Repair Hair Cream is enriched with vital nutrients and damage-mending actives found in ingredients such as egg proteins, castor oil, honey and sweet almond. Egg protein helps in intensive repair; castor oil provides nourishment; honey nectar moisturizes and conditions hair; and sweet almond provides lost shine and strength.  It is slowly massaged on to hair using fingertips from roots down to tips, especially on damaged parts, before going to bed. It should be left overnight to effectively work in reviving dry, damaged and brittle hair.  

Vatika Night Repair Hair Cream is widely available in all leading supermarkets and malls in the region in sizes of 140 ml, and 210 ml.

 

ترويج منتج - كريم فاتيكا الليلي لإصلاح الشعر

 

دبي، الإمارات العربية المتّحدة، 7 فبراير 2016 - هل تعانين من مشاكل الشعر المتعدّدة وترغبين بالحصول على شعر صحي ومتألّق؟ يعد "كريم فاتيكا الليلي لإصلاح الشعر" الحل المثالي للقضاء على مختلف مشاكل الشعر الأكثر شيوعاً، وذلك بفضل تركيبته الغنيّة وسهلة الإستخدام التي تتغلغل بعمق إلى داخل فروة الرأس لتوفير العناية الكاملة للشعر التالف والضعيف والمتقصّف. وتتميّز هذه التركيبة الثورية بأنها سريعة الإمتصاص وغير لزجة بحيث يمكن وضعها على الشعر طوال الليل ولا تترك أي بقايا على الشعر أو الوسادة؛ والنتيجة هي الحصول على شعر صحي وناعم ومتألّق في كل صباح.

 

وتشير الدراسات الحديثة إلى أن فروة الرأس تمتص المكوّنات النشطة بشكل أفضل في فترات المساء وذلك لأن بصيلات الشعر تنمو بشكل أسرع في الليل. ولذلك يعد الكريم الليلي من أهم المستحضرات التي تساعد على تغذية فروة الرأس والحفاظ على مستويات البروتين والكيراتين اللازمة لحماية الشعر ومعالجة التلف الناتج عن الظروف البيئية وأساليب التصفيف المتعدّدة. وتم تطوير "كريم فاتيكا الليلي لإصلاح الشعر" خصيصاً لمنح الشعر التغذية الكاملة في ثماني ساعات فقط وإستعادة حيوية الشعر ولمعانه وقوّته أثناء النوم.

 

ويحتوي "كريم فاتيكا الليلي لإصلاح الشعر" على تركيبة غنيّة بالمواد المغذّية والحيوية التي تساعد على إصلاح تلف الشعر، بما فيها البروتين المستخلص من البيض وزيت الخروع والعسل واللوز الحلو. ولكل من هذه المكوّنات الطبيعية دور هام في معالجة الشعر، حيث يساعد بروتين البيض على إصلاح الشعر بالكامل، ويعمل زيت الخروع على تغذيته، في حين يوفّر العسل الترطيب اللازم للشعر، وأخيراً يساعد اللوز الحلو على منحه المزيد من اللمعان والقوّة. ويُنصح بتدليك الشعر برؤوس الأصابع بإستخدام "كريم فاتيكا الليلي لإصلاح الشعر" قبل الخلود إلى النوم، وذلك إبتداءً من الجذور ووصولاً إلى الأطراف مع التركيز بشكل خاص على الأطراف المتقصّفة. ويُترك الكريم على الشعر طوال الليل للعمل بفعالية على إعادة الحيوية والصحّة للشعر الجاف والتالف وباهت اللون.

 

ويتوفّر "كريم فاتيكا الليلي لإصلاح الشعر" في جميع المحلات والمراكز التجارية في المنطقة. وهو يأتي في عبوات بسعة 140 مل و210 مل.

 

 

 

LENOVO DELIVERS STRONG Q3 PROFIT

 

Innovative products, operational efficiency and realignment actions drove Lenovo’s strong performance in Q3, despite economic and industry headwinds

• Return to profitability in Q3 – with pre-tax income (excluding non-cash, M&A-related accounting charges) of US$397million, reported pre-tax income of US$320 million, up 17% year-over-year, and net income of US$300 million – after the restructuring and one-time charges that drove a loss in Q2
• Revenue was US$12.9 billion, down 8% year-over-year or down 2% in constant currency
• Lenovo swiftly concluded its restructuring plan and is on track to deliver savings of US$650 million in the second half of the year and US$1.35 billion annually
• Lenovo achieved its stated goals of achieving breakeven in its mobile business 4-6 quarters after the close of the Motorola deal, and remains on track to reach US$5 billion in Enterprise revenue, on a constant currency basis
• Lenovo grew its PC market share and achieved a record high 21.6% share*
• Basic EPS of 2.71 US cents, or 21.01 HK cents

February 3, 2016 – Lenovo Group (HKSE: 992) (ADR: LNVGY) today announced results for its third fiscal quarter ended December 31, 2015. Quarterly revenue was US$12.9 billion, an 8 percent year-over-year decrease, or 2 percent year-over-year in constant currency. Third quarter pre-tax income, excluding non-cash, M&A related accounting charges of US$77 million, was US$397 million, while reported pre-tax income was US$320 million, up 17 percent, exceeding analyst’s estimates. Net income was US$300 million, up 19 percent, also exceeding analyst’s estimates.

The decisive realignment actions that Lenovo announced in August 2015 are on track to realize US$1.35 billion in full year run-rate savings. These savings are giving Lenovo a cost structure that is significantly lower than its peers. Combined with its solid execution and innovation pipeline, Lenovo is transforming its business model, processes and organization, positioning itself to maintain a healthy business even in the current environment.

"Last quarter, although we were impacted by the global macro-economic slowdown, currency fluctuations in key markets, and PC market decline, Lenovo still achieved record high profit and delivered on our commitment to turn around the Mobile business," says Yuanqing Yang, chairman and CEO of Lenovo. "Next, in PCs, we will leverage the consolidation trend, commercial PC replacement, and opportunities in innovative product categories to drive growth. In Mobile, we will build scale and efficiency to accelerate our growth in emerging markets, breakthrough in mature markets with innovative products and premium brands, and expand in the open market in China with a stronger product portfolio. And finally, in Enterprise, we will leverage leading technologies and strategic partnerships to drive profitable growth."

The Company’s gross profit for the third fiscal quarter decreased 10 percent year-over-year to US$1.9 billion, while gross margin stood at 14.6 percent. Operating profit for the quarter was US$379 million. Basic earnings per share for the third fiscal quarter was 2.71 US cents, or 21.01 HK cents. Net debt reserves as of December 31, 2015, totaled US$49 million.

Business Group Overview**

In the PC Group, or PCG, which includes PCs and Windows tablets, Lenovo’s quarterly sales were US$8 billion, down 12 percent, with pre-tax income of US$405 million, down 18 percent year-over-year. Greater than expected slowdown in the PC market and foreign exchange fluctuations hurt the PC group’s results. Pre-tax income margin of 5 percent, was comparatively stable, declining 0.4 points year-over-year, showing Lenovo’s operational strengths.

Lenovo remained #1 for the 11th straight quarter. It achieved a record high 21.6 percent market share, widening its lead over the #2 vendor. It shipped 15.4 million PCs in the quarter, with a 6.7 point premium to the overall market decline of 10.9 percent. In the worldwide consumer segment, Lenovo had record 19.7 percent market share. In China, Lenovo’s market share grew 1.7 points allowing it to break the 40 percent market share threshold for the first time ever. Lenovo will leverage industry consolidation, a strong commercial refresh driven by Windows 10, and dazzling new convertible and detachable products to grow market share and achieve its goal of 30 percent worldwide PC market share, while maintaining strong profitability.

In the Mobile Business Group, or MBG, which includes products from Motorola, Lenovo-branded mobile phones, Android tablets and smart TVs, Lenovo met its commitment to breakeven 4-6 quarters after acquiring Motorola, with successful restructuring and a strong performance in Emerging Markets outside China. The unit’s quarterly sales were US$3.2 billion, down 4 percent from Q3 FY 2014-15, which included two months of Motorola’s results. Motorola contributed US$2 billion to Lenovo’s MBG revenues. MBG’s total pre-tax loss was US$30 million, with a pre-tax loss margin of 0.9 percent, up 7.2 points quarter-to-quarter.

Total smartphone volume declined 18.1 percent year-over-year with 20.2 million units sold. Outside of China, Lenovo saw a 15 percent growth rate year-over-year, driven by Emerging Markets outside of China. Lenovo saw hypergrowth in smartphone shipments in India and Indonesia, which were up 206 and 318 percent, respectively. Last quarter, 75 percent of volume was outside China; this quarter it increased to 83 percent. Also, Motorola saw shipments jump 25 percent quarter-to-quarter, showing further stabilization.  In China, Lenovo’s restructuring has begun to pay off. And a new solid dual-brand strategy – with two main brands Lenovo Moto and Lenovo Vibe -- is set driving consistency and efficiencies for the smartphone business.  

In the Enterprise Business Group, or EBG, which includes servers, storage, software and services sold under both the ThinkServer and System x brands, sales were US$1.3 billion, up 8 percent year-over-year and 12 percent quarter-to-quarter. System x had approximately US$1 billion in sales. Reported PTI – which included non-cash, M&A-related accounting charges – was negative US$14 million, improving both annually and sequentially. EBG was operationally profitable in the quarter. Moreover, it has delivered improving revenues and operational pre-tax income each quarter since System x was acquired.

This performance was driven by hyperscale wins in China. EBG stabilized its traditional data center-focused business, while attacking fast growing cloud, hyperscale and hyperconverged opportunities. On the partnership front, promising new partnerships with software and hyper converged players – Nutanix, Red Hat and, just recently, SAP – differentiate Lenovo’s offerings and strengthen its competitiveness.  Lenovo remains on track to achieve its US$5 billion target for the Enterprise business in the 2015-16 fiscal year, on a constant currency basis.

Geographic Overview

In China, consolidated sales in the third fiscal quarter, declined 14 percent year-over-year to US$3.5 billion, accounting for 27 percent of the Company’s worldwide sales. Pre-tax income margin fell 1 point to 4.7 percent year-over-year.

In PCs, China saw record 40 percent market share. In Mobile, actions were taken to improve channel performance. With the new dual-brand strategy and a better product portfolio, mobile performance is improving. Enterprise revenue grew 30 percent from strong ThinkServer shipments to hyperscale customers Baidu, Alibaba and Tencent, allowing Lenovo to maintain its number one position in the China x86 server market.

In the Asia Pacific region, Lenovo achieved sales across the region of nearly US$2 billion or 15 percent of Lenovo’s worldwide sales, while operating margins were down 4.4 points to 1.0 percent year-over-year, mainly due to the contraction in the Japan PC market and impacts from currency fluctuation.

In PCs, Lenovo kept its #1 position with 18.9 percent market share, up 2.8 points year-over-year. This performance was driven by India which grew 55 percent year-over-year. Mobile saw strong smartphone shipment growth of 123 percent across the region, driven by strong momentum in India, and Indonesia, which grew by 206 percent and 318 percent, respectively. Finally, the Enterprise business grew share and improved profitability.  

Lenovo in Europe, Middle East & Africa had consolidated sales in the third quarter of US$3.5 billion, a year-over-year decrease of 15 percent, hit by foreign exchange moves and a soft PC market. EMEA accounted for 27 percent of Lenovo’s total worldwide sales. Pre-tax income margin was 1.7 percent, a 1.3 point decrease year-over-year.

Lenovo maintained its #2 position in the PC market regionally, with 19.4 percent share. In consumer PCs, it was #1 for the eighth straight quarter.  In Mobile, Lenovo had a record 4.7 million shipments, up 48 percent year-over-year. In Enterprise, Lenovo invested resources to continue to stabilize the top line.

In the Americas, Lenovo saw consolidated sales fall 7 percent year-over-year to approximately US$3.9 billion in the third quarter. This represented 31 percent of Lenovo’s total worldwide sales. Operating profit in the region was US$76 million, versus a loss of US$22 million recorded in the same period last year. Operating profit margin was 1.9 percent. The improved performance was a result of recent overall business realignment and restructuring actions in Brazil and Latin America.

Regionally, PC market share increased by 1.9 percentage points from a year ago to 13.1 percent, according to preliminary industry estimates. The solid performance was driven by the strong growth in the critical US PC market, where shipments grew by 21 percent year-over-year against a market decline of 4 percent. This brought Lenovo’s U.S. market share to 12.5 percent, up 2.6 percentage points year-over-year. In mobile, new Motorola phones drove a strong 52 percent increase in quarter-to-quarter shipments in North America, while some hyperscale opportunities generated good results for Enterprise.

* see IDC data 4Q 2015

** The Company provided financial breakdowns by product through the FY14/15 Q2 results announcement. After the Motorola and System x investments closed during Lenovo’s FY14/15 Q3, Lenovo began reporting by business group in order to aid understanding of the performance of these businesses.

About Lenovo

Lenovo (HKSE: 992) (ADR: LNVGY) is a $46 billion global Fortune 500 company and a leader in providing innovative consumer, commercial, and enterprise technology. Our portfolio of high-quality, secure products and services covers PCs (including the legendary Think and multimode YOGA brands), workstations, servers, storage, smart TVs and a family of mobile products like smartphones (including the Motorola brand), tablets and apps. Join us on LinkedIn, follow us on Facebook or Twitter (@Lenovo) or visit us at www.lenovo.com.

 

 

 

 

 

 

LENOVO GROUP

FINANCIAL SUMMARY

For the fiscal quarter ended December 31, 2015

(in US$ millions, except per share data)

		Q3 15/16	Q3 14/15	Y/Y CHG
Revenue		12,913	14,092	-8%
Gross profit		1,885	2,097	-10%
Gross profit margin		14.6%	14.9%	-0.3 pts
Operating expenses		(1,506)	(1,772)	-15%
Expenses-to-revenue ratio		11.7%	12.6%	-0.9 pts
Operating profit		379	325	17%
Other non-operating expenses		(59)	(51)	16%
Reported pre-tax income		320	274	17%
Pre-tax income (*excluding non-cash M&A related accounting charges)		397	348	14%
Taxation		(26)	(17)	50%
Net profit for the period		294	257	14%
Non-controlling interests		6	(4)	N/A
Profit attributable to equity holders		300	253	19%
Earnings Per Share (US cents) Basic Diluted		2.71 2.70	2.32 2.30	0.39 0.40

* Non-cash M&A related accounting charges of US$77 million were excluded from this metric (FY14/15 Q3: US$74 million).