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: US Store Openings and Closures Midyear 2025 Review and Outlook: Where Does Retail Real Estate Stand in a Year of Disruption? InfographicHigh-Income Consumers Turn Optimistic About Economy; Plus, Inflation Awareness Declines: US Consumer Survey InsightsAldi vs. Lidl US Store Openings: Mapping Retail Real Estate Changes with the Store Intelligence PlatformWeekly UK Store Openings and Closures Tracker 2025, Week 20: Asda Opens New Format; Skims Plans to Step into the UK in 2026
