Tony Sagami - Veteran investment advisor and a leading expert on Asian markets.

Lenova profits jump by 65%

by Tony Sagami on August 7, 2008

in General

Lenovo, the Chinese PC maker, reported a 65% increase in quarterly profits and now has 7.9% of the global PC market.

You’re going to hear a lot about Lenovo during the Olympics as it is one of the 12 primary Olympic sponsors.

I don’t any PC companies because I think their business has changed from a whiz-bang-amazing-technological-miracle to alow profit margin commodity. But if I did own a PC company…it would be Lenovo.

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