Personal Tech
Switch to premium devices pays off as PC giant post record record, just don't ask about cheap laptops
PC buyers may be wincing at memory price hikes, but Lenovo isn't. The China-based tech biz says it sidestepped much of the industry pain by switching to premium devices and the numbers back it up. For Q4 of its fiscal 2026 ended March 31, Lenovo's Intelligent Devices Group posted revenue of $14.6 billion, up from $11.9 billion a year earlier. It reported operating profit - net profit was not disclosed - of just over $1 billion, up 20.7 percent. PC and smart devices revenues, specifically, grew 26 percent. “Last quarter, despite the supply shortages and rising
component costs, we committed to sustaining growth and improving profitability,
leveraging our operational excellence,” CEO Yang Yuanqing said on an earnings call.
