which caused Lenovo’s Mobile Business Group (MBG) sales to decline 47 percent year over year with a pre-tax loss of $60 million in the fourth quarter. The closure also caused revenue in Lenovo ...

The group’s revenue fell from $71 billion in 2022 to $61 billion this year amid a continued declining PC market Lenovo’s revenues suffered a heavy hit in its 2023 full-year earnings as a ...