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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. 

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