 |
Before finding out which company is larger let us first look at both the company's data as data will make it all clear.
Infinix Mobile is based in Hong Kong and is a smartphone company founded in the year 2013. The brand came into existence after the French mobile manufacturer Sagem Wireless was acquired in the year 2011. The company has research and development centres all along between France and Korea and designs its phones in France. Infinix mobile phones are primarily manufactured in France, Bangladesh, Korea, Hong Kong, China, India and Pakistan and are available to consumers in Asia and in about 30 countries in the Middle East and Africa, some of which are Morocco, Bangladesh, Kenya, Nigeria, Egypt, Iraq, Pakistan and Algeria.
Its last available revenue from online sources is $277 Million
Lenovo Group Limited, in short Lenovo that we all know is a Chinese multinational technology company or MNC. It was incorporated in Hong Kong, with its global headquarters being Beijing, China, with operational headquarters being Morrisville, North Carolina, US, and it also has an operational center in Singapore. The company is known for designing, developing, manufacturing, and selling personal computers, tablet computers, smartphones, workstations, servers, supercomputers, electronic storage devices, IT management software, and smart televisions, and has the distinction of being the world's largest personal computer vendor by unit sales as of January 2021. It also markets the ThinkPad and ThinkBook business lines of laptop computers, IdeaPad, Yoga, and Legion consumer lines of laptop computers; and the IdeaCentre and ThinkCentre lines being its desktop computers.
Its revenue as per the online sources are US$50.71 billion (2020)
Operating income: US$1.438 billion (2020)
Net income: US$804 million (2020)
Total assets: US$32.12 billion (2020)
Total equity: US$4.059 billion (2020)
So we can clearly see that Lenovo is bigger than Infinix. Let us see how. Firstly look at the revenue. Lenovo has a revenue of US$50.71 billion whereas Infinix has a revenue of $277 Million. So revenue wise Lenovo is a giant. Secondly, Infinix has international consumers but Lenovo has comparatively more global consumers. Thirdly, Lenovo has more electronics product variety when compared with Infinix.
Having said that Infinix is growing at a good pace which might change the equation in the future that might follow.
More