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Summary
Companies Revenue declines for fourth straight quarter
Lenovo sees PC demand recovering in late-2023
Shares fall as much as 6%
HONG KONG, Aug 17 (Reuters) – China's Lenovo Group (0992.HK) on Thursday posted a worse-than-expected 24% fall in revenue for the April-June quarter, hit by a prolonged slump in global demand for personal computers.
Lenovo Q1 revenue misses forecasts, hit by poor PC demand comes via ChinaTechNews.com.