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Lenovo quarterly profit up 53% on record PC sales, improving mobile margins

Wednesday 3 February 2021 | 10:20 CET | News
Lenovo reported net profit for its fiscal third quarter to December up 53 percent year-on-year to USD 395 million, driven by demand for computers for home working and entertainment and improving results from its mobile phone and server businesses. Revenues rose 22 percent to USD 17.2 billion, and operating profit was up 44 percent to USD 701 million. 

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Categories: IT / Mobile & Wireless
Companies: Lenovo
Countries: World
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