Flash ReportLenovo Happy Investors, Despite Lenovo’s First Loss in Six Years Coresight Research November 20, 2015 Executive Summary On November 12, Lenovo reported a net loss of US$714 million in its second-quarter results for fiscal year 2016. The loss was the first in six years, but the results were better than analysts had anticipated. Lenovo faces declining PC sales and growing competition in smartphones in China. One-off costs impacted profits, but a restructuring is expected to improve the company’s competitiveness. Please Login to read the full report. Not a member? To access this content for free, register for a free account. This document was generated for Other research you may be interested in: Economic Sentiment Turns Positive Ahead of Tariff Deadline; Plus, Department Store Shopping in Focus: US Consumer Survey InsightsWeekly US Store Openings and Closures Tracker 2025, Week 37: YTD Retail Bankruptcies Hit 25Mapping the US’s Reciprocal Import Tariffs: Which Nations Are Affected?US CPG Sales Tracker: E-Commerce Sustains Double-Digit Growth Rate; In-Store Sales Expansion Slows
