China’s Lenovo posts Q3 revenue growth.

Lenovo, the world's largest PC maker, has reported a 3% increase in revenue to $15.7 billion for Q3, marking the first quarterly revenue growth since Q4 2022. Although net income slipped 23% to $337 million, PC shipments grew by 3.9% in Q3, maintaining Lenovo's lead over competitors HP Inc. and Dell Technologies Inc. This comes after a series of five quarterly revenue declines that began in 2022, as the PC demand dropped following the COVID-19 boom.

February 22, 2024
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