Home » As signs of cooling demand appear, Lenovo CEO is still optimistic about PC sales prospects-Wall Street Journal

As signs of cooling demand appear, Lenovo CEO is still optimistic about PC sales prospects-Wall Street Journal

by admin

Lenovo Group Ltd. (Lenovo Group Ltd., 0992.HK, abbreviated as: Lenovo Group) is still optimistic about its personal computer (PC) sales prospects, although analysts have warned that there are preliminary signs that the global demand boom caused by the new crown epidemic is cooling.

Lenovo CEO Yang Yuanqing told The Wall Street Journal on Wednesday that although the performance of the consumer sector may not be as strong as before, business demand is recovering. Based on this, he is still optimistic about the PC market. manner.

Thanks to the popularity of the global computer industry, the world‘s largest PC manufacturer’s quarterly profit reached a record level. At the peak of the new crown epidemic, consumers trapped at home have increased demand for PCs and tablets. Lenovo Group’s first-quarter net profit more than doubled year-on-year, setting a record high. Previously, the group recorded profits for the fiscal year ending March.

However, analysts have noticed that since July, new orders for electronic products have slowed down, and the growth rate of global PC shipments has also slowed in recent months.

.

See also  China's GDP Growth in 2023 Reaches 5.5%: Factors and Implications

You may also like

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More

Privacy & Cookies Policy