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Lenovo's Q1 profit grows 25 percent on PC, smartphone gains

2014-05-21 16:03:14| InfoWorld: Top News

Lenovo's net profit grew 25 percent year-over-year in the first quarter as the Chinese company continued to make gains in the PC and smartphone markets. During the period ended March 31, Lenovo's net profit reached $158 million, up from $127 million a year earlier. The company's revenue also increased, by 19 percent to $9.4 billion.

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