Lenovo Q1 revenue jumps 20%, beats estimates as PC market recovers

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Quarterly Revenue News

Lenovo Group,Casey Hall,Sonali Paul

China's Lenovo Group reported a 20% rise in its quarterly revenue on Thursday, as the global personal computer market showed signs of recovery after a two...

BEIJING - China's Lenovo Group reported a 20% rise in its quarterly revenue on Thursday, as the global personal computer market showed signs of recovery after a two-year slump.

For the three months ending in June, the company's revenue rose to $15.4 billion, above the average estimate of $14.1 billion expected by analysts polled by LSEG.Wizz Air was named the worst airline for UK flight delays for the third year in a row in June.Japan marked the anniversary on Thursday of its defeat in World War Two with visits by at least three cabinet ministers to the controversial Yasukuni shrine that other Asian nations see as a symbol of the country's wartime aggression.

Shifting away from China for critical minerals would increase costs and delay the energy transition, warns Wood Mackenzie China role in the copper supply chain, 2023 China role in the copper supply chain, 2023 Growth in global copper smelter capacity is dominated by China Growth in global copper smelter capacity is dominated by China Shifting away from China for critical minerals would increase costs and delay the energy transition, warns Wood Mackenzie Replacing Chinese copper supply chains requires US$85 billion for new smelting and refining SINGAPORE/LONDON/HOUSTON/ 15 August 2024 – As major global economies...

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