Global PC shipments returned to growth in the first quarter after two years of decline.
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Global shipments of PCs fell by 29% in the first quarter of 2023 due to weak demand, with Apple the worst performer.
Lenovo Southern Africa head Yugen Naidoo joins the TechCentral Show to talk about the company’s new products and to unpack the state of the industry.
Lenovo Group reported a 24% revenue decline for the third quarter, its largest revenue fall in 14 years.
The global PC market saw its steepest decline on record as economic uncertainty and a glut of unsold inventory dented shipments, Gartner said.
China has blocked the social media accounts of a nationalistic blogger who waged a campaign against a major Chinese tech firm.
China’s Lenovo Group, the world’s biggest maker of PCs, on Wednesday posted a better-than-expected jump in first-quarter profit as Covid-19 curbs continued to spur work-from-home demand.
PC sales are booming, and despite the industry’s cyclical past, investors and the major PC makers believe strong computer demand will last for a long time to come. Not so fast!
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Global shipments of PCs rose at their fastest pace in two decades in the first quarter of 2021 as people bought computers to help them work and study remotely during the Covid-19 crisis.