/>
X
Business

Upbeat Lenovo enjoys surge in PC shipments

The Chinese firm expressed optimism in the PC industry as its shipments rose 35 percent year-on-year in the second quarter
Written by Larry Dignan, Contributor on

Lenovo rode a strong PC upgrade cycle in its fiscal second quarter as sales surged more than 35 percent from a year ago.

The company's diversification into mobile devices is also starting to pay off as Lenovo became the number two tablet maker in China. On Wednesday the company reported a second-quarter profit of $145m (£91m) on revenue of $7.78bn, up 35.2 percent from a year ago. Lenovo's PC shipments were up 35.8 percent from a year ago.

Yang Yuanqing, Lenovo's chief executive, said the integration of NEC and Medion went well and noted that the company is "very optimistic about the future of the PC industry". Nevertheless, Lenovo is expanding into mobile devices.

For more on this ZDNet UK-selected story, see Lenovo delivers strong second quarter; 'Optimistic' about PC industry on ZDNet.com.


Get the latest technology news and analysis, blogs and reviews delivered directly to your inbox with ZDNet UK's newsletters.
Editorial standards

Related

The 16 best Cyber Monday deals under $30 still available
Amazon Fire TV Stick 4K

The 16 best Cyber Monday deals under $30 still available

Epson is going to stop selling laser printers. Here's why
piles-of-paper.jpg

Epson is going to stop selling laser printers. Here's why

Don't waste your money on these Apple products: December 2022 edition
Waiting in line for the Apple Store

Don't waste your money on these Apple products: December 2022 edition