HONG KONG: China's Lenovo Group on Thursday posted a worse-than-expected 24% fall in revenue for the April-June quarter, hit by a prolonged slump in global demand for personal computers.
It marks the four consecutive quarters that the world’s largest PC maker has experienced a sales decline and comes after Lenovo reported a 14% drop in annual profit for the year ended in March, its first annual decline since 2019.
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