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Tag: Lenovo

Lenovo sees strong AI growth, welcomes US–China tariff pause
News

Lenovo sees strong AI growth, welcomes US–China tariff pause

China’s Lenovo said a temporary pause in tariff hikes between Washington and Beijing is a positive development, as the world’s largest PC maker reported stronger-than-expected quarterly earnings driven by surging demand for artificial intelligence products. “The truce is a positive situation,” CEO Yang Yuanqing told Reuters on Thursday after the company released its fiscal first-quarter […]

Lenovo, Ericsson settle global patent dispute
Tech

Lenovo, Ericsson settle global patent dispute

Lenovo and Ericsson have reached a global patent cross-licensing agreement, bringing an end to a wide-ranging legal battle over wireless technology patents, the companies announced on Thursday. The settlement resolves multiple lawsuits filed in jurisdictions around the world, including the UK, Brazil, Colombia, and the United States. The dispute centred on disagreements over fair, reasonable, […]

Lenovo sees strong AI growth, welcomes US–China tariff pause
News

Lenovo’s revenue hits $13.8bn, beats expectations

The world’s leading PC maker, Lenovo Group, has unveiled impressive fourth-quarter figures, showcasing a 9% surge in revenue to $13.8 billion. This remarkable growth signals a departure from the pandemic-induced slump, marking a second consecutive quarter of revenue expansion after enduring five consecutive quarters of decline in the post-COVID landscape. Remarkably, Lenovo’s quarterly revenue exceeded […]

China's Lenovo reports $15.72bn Q3 revenue growth
Business

China’s Lenovo reports $15.72bn Q3 revenue growth

The world’s largest manufacturer of personal computers, Lenovo Group (0992.HK), based in China, announced on Thursday that its revenue for the October-December quarter was $15.72 billion, a 3% increase over the same period last year. Reuters reported that the outcome was contrasted with the $15.25 billion mean of eight analyst projections aggregated by LSEG. Following […]

Features of new Lenovo handheld PC
News Tech

Features of new Lenovo handheld PC

Lenovo has announced Legion Go, the company’s first portable Windows gaming device, as well as a special new pair of Legion Glasses with a micro-OLED for immersive gaming. “As we scan the gaming landscape, we see that gamers are a versatile and varied group, and Lenovo Legion likewise endeavors to provide gamers with solutions that […]

Lenovo's revenue drops 24% over low PC demand
Tech

Lenovo’s revenue drops 24% over low PC demand

China’s prominent tech company, Lenovo Group, has unveiled a disappointing 24% decrease in revenue for the April-June quarter, indicating a persistent global decline in the demand for personal computers. This marks the fourth consecutive quarter of diminishing sales for the world’s largest PC manufacturer. This setback follows a 14% reduction in annual profit for the […]

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