back to article Battery-hungry cars roll over Lenovo's FY 16/17 bottom line

Lenovo has returned to growth, posting a pleasing set of fourth quarter numbers, but apparently has plenty of work to do in the mobile and data centre markets. The table below, taken from the firm's end of FY16/17 earnings presentation (PDF) illustrates the company's status neatly: the PC, mobile device and data centre …

  1. Anonymous Coward
    Anonymous Coward

    Excuses, excuses

    cars are consuming more batteries and making them hard to come by

    I can see that it would make lithium costs go up, but there's no real shortage. A tight market, yes, but nobody else is crying into their beer, and Platts even expect demand to exceed supply by next year. Whether they're right or not is not important, the point is that supply and demand are fairly well balanced.

    Even if Lenovo had to absorb a lithium price rise, so does every competitor. Even then, the battery is a tiny part of the BoM for any halfway decent phone, and a small part for a computer, and of that battery cost half is the production, packaging and connectors of the cells, not the commodity lithium.

    Can we have a better quality excuse next quarter?

    1. Anonymous Blowhard

      Re: Excuses, excuses

      "Can we have a better quality excuse next quarter?"

      Other companies already took those too...

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