Why Lenovo has logged its first loss since 2015

Josh Budd
clock • 2 min read

Chinese hardware goliath raked in a $291m profit in its PC business in its Q1, so why did it tumble into the red?

Lenovo has posted its first quarterly loss since its fiscal Q2 of 2015 as a result of shelling out more on marketing costs to support new product launches. For its first financial quarter ending...

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