Lenovo’s annual revenue up 20% but profits miss target


MIXED BAG: The world

HONG KONG: China’s Lenovo said revenue rose 20% in its past fiscal year, helped by its purchase of Motorola last year as the PC maker diversifies into the smartphone market, but net profit growth slowed to just 1%. 

The world’s biggest personal computer maker said revenue reached US$46.30bil (RM166.87bil) for the year ending March 31. 

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