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Lenovo more than doubles quarterly profit on demand for premium PCs

2021-08-11 08:58:00| Telecompaper Headlines

(Telecompaper) Lenovo more than doubled its net profit in the fiscal first quarter to June, to a record USD 466 million from USD 213 million a year earlier...

Tags: premium demand profit quarterly

 

Lenovo revenues, profit rise in Q2 on demand for PCs, recovering mobile ops

2020-11-03 09:57:00| Telecompaper Headlines

(Telecompaper) Lenovo reported a higher set of results for the second quarter, buoyed by continued demand for PCs amid home working and learning, and a recovering mobile business group amid the continuing covid-19 pandemic. Revenues for the quarter to end September increased 7 percent from the year before to USD 14.52 billion with the profit attributable to shareholders jumping 53 percent to USD 310 million.

Tags: mobile rise demand profit

 
 

Lenovo Expands Linux-Ready Computer Line

2020-09-23 19:45:31| TechNewsWorld

As the next step in its Linux expansion program, Lenovo has launched Linux-ready ThinkPad and ThinkStation PCs pre-installed with Canonical's Ubuntu technology. The company also now brings Linux certification to its ThinkPad and ThinkStation Workstation portfolio, along with easing deployment for developers and data scientists, as it moves to certify the full workstation portfolio for top Linux distributions from both Ubuntu and Red Hat.

Tags: line computer lenovo expands

 

Lenovo results recover in Q1 as home working boom drives computer demand

2020-08-13 08:56:00| Telecompaper Headlines

(Telecompaper) Lenovo reported a strong recovery in results for its fiscal first quarter. After overcoming the supply chain problems earlier in calendar 2020, the company grew revenue almost 7 percent year-on-year to USD 13.3 billion in the three months to June, supported by the strong demand for computers for home working and learning. Net profit rose 31 percent to USD 213 million. 

Tags: home results computer working

 

Lenovo announces operator partnerships to sell first 5G laptop

2020-06-16 16:33:00| Telecompaper Headlines

(Telecompaper) Lenovo has launched its new lightweight 5G laptop, first announced at CES in January. It will sell the device with mobile operators around the world. The first to carry the computer will be Verizon in the US, followed by China Mobile, Sunrise in Switzerland and the UK's EE later this year. 

Tags: sell partnerships operator laptop

 

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