The world’s largest computer maker Lenovo reported strong sales and profit growth for the second quarter, gaining US market share even as the threat of sanctions on Chinese companies operating in the country grows.
While many others including ByteDance, Tencent and Huawei have fallen foul of escalating restrictions from Washington, Lenovo is a rare success story in the US, maintaining its business in the country while equipping the world for the work-from-home era.
The group grew its US laptop and desktop computer market share to 16 per cent in the first half of the year, trailing only HP and Dell, according to IDC. Customers including the US Air Force bought its laptops to help staff work from home.