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China's Lenovo posts 43% jump in Q1 revenue

BANGALORE/BEIJING: China’s Lenovo Group reported a 43% jump in quarterly revenue on Thursday, as the world’s largest computer maker rides an AI hardware boom and reaps the benefits of a global memory chip shortage. Lenovo’s revenue rose to $26.94 billion in the three months ending June 30, beating analyst expectations of $22.3 billion, as the consumer electronics hardware giant benefited from…

China's Lenovo posts 43% jump in Q1 revenue

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Horizons Middle East & Africa 8/13/2026

Horizons Middle East & Africa is your daily spotlight on one of the world's fastest-growing regions. Live from Dubai, we bring you the latest global markets and analysis, plus news-making interviews…

UK economy weathers Iran war shocks but slowdown incoming

The UK economy grew 0.4 per cent between April and June, official data has revealed, in a sign that businesses and consumers have so far weathered the worst shocks of the war in Iran. The growth figure from the Office for National Statistics was in line with analysts’ expectations but came alongside a surprise boost [...]

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