Flash Report 6 minutesRegister for Free AccessLenovo 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? Register for a free user account. This document was generated for Other research you may be interested in: Mapping the US’s Reciprocal Import Tariffs: Which Nations Are Affected?Financial Optimism Falls to Lowest Recorded Level: China Consumer Survey InsightsNavigating TikTok’s Uncertainty: Analyzing Challenges and Emerging User Migration TrendsWeekly US Store Openings and Closures Tracker 2025, Week 19: Rite Aid Files for Bankruptcy—Again
