Lenovo's mobile business loses ₹752 crore as sales drop 23%
Technology firm Lenovo's mobile division lost $112 million (₹752 crore) as sales plunged 23%, including Moto and Lenovo handsets. However, the company's computer sales rose mildly by 2%. "Mobile should be our core business as well (as PCs)," CEO Yang Yuanqing said, adding Lenovo is rebuilding its team and hopes to break even within a year.