Lenovo's Profits Rise for Second Straight Quarter

Emerging from Industry Downturn

Lenovo, the world's largest PC maker, has reported a rise in profits for the second consecutive quarter. This signals the company's recovery from a yearslong industry downturn.

Positive Financial Results

In its first quarter financial results for 2024-25, Lenovo reported:

• Better-than-expected quarterly profit
• Increased sales in personal computers and artificial intelligence (AI) products
• A positive outlook for the future

Reasons for Recovery

Lenovo attributes its recovery to several factors:

• Increased demand for PCs and AI products
• Improved supply chain management
• Effective cost control measures

Industry Outlook

Analysts believe the PC market is entering a new refresh cycle, with increased demand for AI-powered devices. This bodes well for Lenovo and other PC makers.

Lenovo's strong financial performance and positive industry outlook indicate a gradual recovery for the computing industry.