Chinese PC maker Lenovo Group reported a more than two-fold jump in first-quarte...
- Chinese PC maker Lenovo Group reported a more than two-fold jump in first-quarter profit on Thursday, beating analysts’ estimates thanks to robust sales of personal computers.
“There is a complexity of macro risks arising from ongoing trade negotiations, import tariff changes implemented by countries and challenges alongside geopolitical uncertainties,” Lenovo, dual-headquartered in China and the United States, said in a statement. Lenovo emerged as the biggest winner of the global PC market’s surprise rebound in the second quarter. Citing industry data, the company said it had a record 25.1% market share in the quarter.
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