Tag Archives: Lenovo Posts Profit Gain

Lenovo Posts Profit Gain Despite Slowing PC Sales, Smartphone Growth

Chinese technology giant Lenovo on Wednesday posted a surprise gain in net profit for the third quarter, despite slowing growth in the smartphone market and declining PC sales in the face of ailing global markets. Lenovo said net profit for the three months ended December 31 was $300 million (roughly Rs. 2,045 crores), a 19 percent increase year-on-year and higher ... Read More »