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General

Lenovo posts quarterly loss as mobile business remains in red

Thursday 1 February 2018 | 08:53 CET | News
Lenovo moved to a net loss of USD 289 million for its fiscal third quarter to December, from a profit of USD 98 million a year earlier. The result was hurt by a writedown of USD 400 million on its US tax assets and continued losses at its mobile phone business. 

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Categories: General
Companies: Lenovo
Countries: World
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