Lenovo shares tumble on first loss in nearly 2 years

Rising component and sales costs squeeze China PC maker's margins

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Lenovo's logo and products displayed in an electronics shop in Beijing (Photo by Akira Kodaka)

JOYCE HO, Nikkei staff writer

HONG KONG -- Lenovo Group's share price fell 4.2% to 4.52 Hong Kong dollars in Friday morning trade here breaching a year low, after the Chinese PC maker reported its first quarterly loss since September 2015.

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