Lenovo’s net income up 65% in June quarter as ‘intelligent devices’ see strong growth
Lenovo Group, the world’s largest personal computer (PC) maker, reported a 20 per cent year-on-year increase in revenue for the June quarter, a sign of continuing recovery in the computer market after two years of weak demand.
The Beijing-based company achieved better-than-expected revenue of US$15.4 billion in the quarter ending June, exceeding the estimated US$14.1 billion number expected by analysts.
Source: REUTER