
Chinese technology company Lenovo reported a 20 per cent rise in third-quarter revenue on Thursday, as the global personal computer industry showed modest signs of recovery.
Lenovo, the world’s largest PC maker, reported revenue of $18.8 billion for the quarter ended December 31. That exceeded analysts’ expectations of $17.82 billion, LSEG data showed.
The company’s net profit came in at $693 million, against analysts’ estimate of $367.7 million.
The global