Friday, February 17, 2023

Lenovo posts its worst revenue fall in 14 years with Q3 revenue of $15.3B, down 24% YoY, and net income of $437M, down 32% YoY, and warns of job cuts (Josh Ye/Reuters)

Josh Ye / Reuters:
Lenovo posts its worst revenue fall in 14 years with Q3 revenue of $15.3B, down 24% YoY, and net income of $437M, down 32% YoY, and warns of job cuts  —  China's Lenovo Group Ltd (0992.HK) reported a 24% revenue decline for the third quarter, its largest revenue fall in 14 years as global demand …



No comments:

Post a Comment

Sources: Samsung raises prices for advanced 4nm and 5nm chipmaking services by up to 15% for new orders in July, driven by AI demand and TSMC's tight capacity (Reuters)

Reuters : Sources: Samsung raises prices for advanced 4nm and 5nm chipmaking services by up to 15% for new orders in July, driven by AI d...