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ITNewspapersThe Economic Times

Lenovo Q1 revenue jumps 20%, beats estimates as PC market recovers

Biju Kumar
By Biju KumarAugust 16, 2024

BEIJING: China’s Lenovo Group reported a 20% rise in quarterly revenue on Thursday, as the global personal computer market showed signs of recovery after a two-year slump.

For the three months ending in June, the company’s revenue rose to $15.4 billion, above the average estimate of $14.1 billion expected by analysts polled by LSEG.

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