Lenovo, the world's fourth-largest PC maker, yesterday revealed a second consecutive quarter of profit as the group saw its recovery broaden beyond China to other emerging markets.
The Chinese group, which just a year ago reported its first loss in three years, yesterday reported net profit for its fiscal third quarter to December of US$80m, significantly ahead of expectations, compared with a US$97m net loss for the same quarter a year earlier.
The accelerating improvement signals that changes made by Lenovo's founders, who returned to the helm a year ago, are taking hold. Lenovo is also becoming a force in the consumer PC segment.
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