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August 29, 2016 Lenovo Reports Strong PC Sales Amid Tepid Smartphone Demand
China’s Lenovo Group Ltd, the world’s biggest personal computer (PC) maker, said on Thursday its first-quarter net profit rose 64 percent, beating estimates as solid PC sales offset tepid smartphone demand. Beijing-based Lenovo said in a filing that net profit grew to $173 million (roughly Rs. 1,155 crores) for the quarter ended June from $105 […]
