Lenovo hit by global slump in PC demand following pandemic frenzy

Lenovo hit by global slump in PC demand following pandemic frenzy

City A.M.

Published

Chinese computer maker Lenovo has reported a near quarter fall in revenues as global PC sales struggle to recover from a post-pandemic slowdown. Lenovo revenue shrank 24 per cent between April and June to $12.9bn (£10.1bn), below average Refinitiv forecasts of $13.8bn (10.9bn), as computer sales declined. Shares dipped over three per cent on Thursday [...]

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