China's Lenovo swings to Q2 profit on property sale


Lenovo's laptop PCs are displayed at an electronic shop in Tokyo September 5, 2012. REUTERS/Kim Kyung-Hoon/Files

HONG KONG: China's Lenovo Group Ltd, the world's largest personal computer (PC) manufacturer by shipments, said it returned to profit in its second fiscal quarter, beating analyst estimates, due primarily to gains from an asset sale. 

Growth in the consumer PC market in particular has been sluggish in recent years as tablet computers and increasingly capable smartphones become widespread. 

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