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Lenovo growth flatlines as PC demand slows

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2 個月前

STORY: The world’s biggest PC maker just saw its worst growth in over two years.

Lenovo said Wednesday (August 10) that revenue stood at almost $17 billion for the April-June quarter.

That was up just 0.2% on a year earlier.

Lenovo has seen PC demand cool after a lockdown-driven surge.

Its shipments of the devices were down almost 13% according to researchers at Counterpoint.

However, it held onto top spot among PC makers, with almost a quarter share of the market.

The cooling demand for new devices has sparked warnings from firms including Intel and Samsung.

Makers have also faced headaches as a result of fresh lockdowns in China, which disrupted production.

However, Lenovo is enjoying a boom in demand for gadgets besides PCs.

Its revenue from smartphone sales was up by more than a fifth on the year.

The firm has also been targeting servers and information-technology services.

Lenovo’s Hong Kong-traded shares closed the day down around 2%.

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