Lenovo posts biggest loss since 2009, high costs overshadow revenue growth
The company, which lost the world`s largest PC maker crown to HP Inc in 2017, has seen its core PC business suffer from a shrinking market globally, while its smartphone business struggles to stay ahead of fierce competition.
May 24, 2018, 13:27 PM IST
Lenovo Q2 net loss $714 mn; India helps boost revenue by 16%
The company had registered a net profit of USD 262 million in the year-ago period.
Nov 12, 2015, 15:18 PM IST
Lenovo`s annual revenue up 20% but profits miss target
China`s Lenovo said Thursday revenue rose 20 percent in its past fiscal year, helped by its purchase of Motorola last year as the PC maker diversifies into the smartphone market, but net profit growth slowed to just one percent.
May 21, 2015, 12:13 PM IST
