HONG KONG (Nikkei Markets) -- Lenovo Group, the world's largest personal-computer maker, reported quarterly profit that exceeded expectations as demand for its products held despite the downturn in the global economy. However, the Chinese company warned that a shortage of components that has hobbled its growth could persist into the first half of next year.
Nikkei Markets
Lenovo beats profit estimates, warns of parts shortage
Company keeps leading position in PCs as sales rise 7.1% by volume
The U.S.-China trade war and the specter of higher tariffs have pushed PC makers to increase shipments of desktops and laptops.
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