The mobile business is climbing steadily, and Lenovo Motorola continues to lead in growth

Zhitong
2024.11.06 01:23

According to the latest report from TechInsights, global smartphone shipments in the third quarter of 2024 increased by 3.8% year-on-year, reaching 307.7 million units. Lenovo - Motorola led the market with a year-on-year growth rate of 26%, rising to seventh place globally. The company performed exceptionally well in the Japanese market, with shipments nearing 700,000 units, making it into the top four for the first time. In North America, market share increased to 12%, setting a new historical high. Motorola's sales grew by nearly 30%, achieving the highest market share and quarterly sales in a decade

According to the latest report from TechInsights, a global leader in market research and technical analysis, global smartphone shipments in the third quarter of 2024 increased by 3.8% year-on-year, reaching 307.7 million units, marking a continuous recovery for four consecutive quarters. Lenovo-Motorola led the market with the highest year-on-year growth rate of 26%, rising to seventh place globally.

TechInsights stated that the recovery of the smartphone market is largely driven by a surge in demand from emerging markets. The Middle East and Africa, Latin America, and the Asia-Pacific region have achieved significant results, becoming the main drivers of recovery.

Lenovo-Motorola has shown healthy growth in most regions worldwide. This quarter, the acquisition of Fujitsu by Lenovo-Motorola began to show results. TechInsights estimates that the combined shipments of Lenovo-Motorola and Fujitsu (Arrows) brand smartphones in Japan reached nearly 700,000 units, allowing the company to enter the top four in the Japanese market for the first time (behind only Apple, Google, and Sharp). In North America, Lenovo-Motorola maintained its third position, with market share increasing to 12%, setting a historical high for the third quarter, thanks to its solid product lineup in the prepaid market. This quarter, Lenovo-Motorola also continued its strong momentum in India, with shipments more than doubling.

Data from multiple institutions corroborate Lenovo-Motorola's strong global growth. According to Counterpoint's 2024 Q3 market data, global smartphone sales increased by 2% year-on-year, marking the first year-on-year growth for the season since Q3 2018. Among them, Motorola's sales grew by nearly 30%, the fastest growth rate among the top ten manufacturers. With the continuous expansion of brand influence, Motorola also achieved its highest market share in a decade and set a record for the highest quarterly sales ever.

In the segmented smartphone market, according to IDC's global smartphone data for Q2 2024, Lenovo-Motorola became the global market leader in vertical folding screen smartphones with a market share of 30.8%.

In the era of artificial intelligence, Lenovo-Motorola's innovations have ushered in a new world full of possibilities. At the Lenovo Tech World 2024 conference, Lenovo-Motorola once again showcased its extreme exploration in artificial intelligence and user experience. Among them, the possibility of combining Large Action Models (LAM) with moto ai is being explored. With this proof-of-concept software, Lenovo-Motorola's LAM can understand your environment, learn from your behavior, provide personalized responses, translate natural language into actions, and execute them seamlessly for you, becoming a context-aware personal assistant that offers human-like interactions through natural language Since the beginning of this year, Lenovo has developed various forms of AI terminal products, including the AI PC, which was first launched in the Chinese market in April this year, as well as AI smartphones, AI tablets, and AI headphones. In the future, Lenovo's personal intelligent agents will be able to exist across devices and platforms, providing users with a seamless connection and secure experience of "one body, multiple ends." This personal intelligent agent, which transcends devices and ecosystems, will understand you more and more, ultimately becoming the user's "artificial intelligence twin."