The pandemic gave Lenovo, the grande dame of China’s information-technology sector, an sudden carry. As that enhance fades, the world’s largest personal-computer maker must discover a new supply for development.
The Chinese language PC maker on Wednesday reported that income for the quarter ending in June was flat in contrast with a yr earlier, down from 7% development within the first three months of 2022 and 18% within the final fiscal yr. After two years of strong demand from college students and staff marooned at house, a slowdown within the PC market was inevitable. World PC shipments fell 15% yr on yr within the second quarter after a 5.1% decline within the first quarter, in accordance with trade tracker Worldwide Information Corp.
