Hong Kong (dpa) – Lenovo, the world’s largest computer maker, is benefiting from the changes in the world of work that were triggered by the Corona crisis.
The trend to allow employees to work more from the home office caused group sales in the second financial quarter to rise 7 percent year-on-year to $ 14.5 billion. Net profit rose 53 percent year-on-year to $ 310 million, the company said in Hong Kong on Tuesday.
The future prospects are also optimistic: the group sees “significant growth opportunities that far exceed analysts’ forecasts,” the company said.
Lenovo not only operates under its own brand in Germany, but also produces PCs and laptops for Aldi’s supplier Medion, among other things. In the mobile communications sector, the Chinese group also appears with the established US brand Motorola, which was acquired by Google in 2014.
In addition to the boom in business customers, Lenovo in Germany also saw a significant increase in private customers who bought computers for gaming or laptops for their children’s distance learning, said Lenovo manager Mirko Krebs from the news agency German.
Overall, the private consumer market segment grew 23 percent in the first nine months of the year. “We haven’t had that in ten years.” Krebs sees the need to catch up with the school market. While schools in several neighboring European countries have ordered laptops on a large scale, there is hardly a greater demand from school authorities in Germany.
Meanwhile, in Germany, Lenovo celebrated a stage victory in the bitter patent dispute with Nokia. The Munich Higher Regional Court suspended on Monday a sale of Lenovo products that the Finnish technology company had previously obtained from the Munich Regional Court. The dispute concerns Nokia’s patents related to the H.264 video technical standard. Since this code is permanently installed on Lenovo laptop chips, the company was no longer able to sell laptops in Germany for ten days in October.
Krebs emphasized that Lenovo is basically willing to pay license fees for intellectual property. However, since Nokia’s claims refer to a general standard for video compression, fair terms (FRAND) should be offered. This is not the case with the previous Nokia application.
Renowned patent expert Florian Müller interpreted the OLG ruling as a sign that patent disputes in Germany could be negotiated more fairly in the future. “The district court has obviously made a wrong judgment here. The fact that this was so quickly recognized by the appeals court fundamentally questions the position of the Munich I Regional Court in lawsuits involving standard essential patents, ”Müller wrote on his blog“ FOSS Patents ”.
The meaning of the sentence could also be relevant to Daimler. Currently, the automaker must also defend itself against patent lawsuits from Nokia and Conversant.