{"id":933341,"date":"2025-05-23T09:34:16","date_gmt":"2025-05-23T04:04:16","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=933341"},"modified":"2025-05-23T09:55:06","modified_gmt":"2025-05-23T04:25:06","slug":"lenovo-s-shares-sink-after-pc-ai-hardware-rivals-squeeze-profit","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2025\/05\/23\/lenovo-s-shares-sink-after-pc-ai-hardware-rivals-squeeze-profit\/","title":{"rendered":"Lenovo \u2019 s Shares Sink After PC, AI Hardware Rivals Squeeze Profit"},"content":{"rendered":"<p>(Bloomberg) &#8212; Lenovo Group Ltd.\u2019s shares fell their most in more than a month after reporting a worse-than-expected 64% drop in earnings, reflecting competitive pressures in the AI server and PC markets. <\/p>\n<p>The Chinese company reported net income of $90 million for the March quarter versus projections for more than $200 million, reflecting a loss on derivatives and pricing pressures in a stagnant PC market. Its stock slid as much as 5.4% in Hong Kong, despite a faster-than-anticipated 23% rise in sales to about $17 billion.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Bloomberg) &#8212; Lenovo Group Ltd.\u2019s shares fell their most in more than a month after reporting a worse-than-expected 64% drop in earnings, reflecting competitive pressures in the AI server and PC markets. The Chinese company reported net income of $90 million for the March quarter versus projections for more than $200 million, reflecting a loss on derivatives and pricing pressures in a stagnant PC market. Its stock slid as much as 5.4% in Hong Kong, despite a faster-than-anticipated 23% rise in sales to about $17 billion.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[55,13,4],"tags":[],"class_list":["post-933341","post","type-post","status-publish","format-standard","hentry","category-it-2-live-mint","category-live-mint","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/933341","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=933341"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/933341\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=933341"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=933341"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=933341"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}