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LENOVO UNSOLD INVENTORY
World's largest PC maker Lenovo posts 24% drop in Q1 revenue, hit by poor demandThe pace of the recovery remains weak and many retailers still grapple with unsold inventory, forcing PC makers and their suppliers includi...- Brands jump on to Black Friday bandwagon, extend sale periodElectronic goods and smartphone makers, ecommerce platforms, grocery stores, fashion brands, restaurants and cafes, multiplexes, hotels and...
- Covid-19 Impact: Handset cos cut store handsHandset companies in India have started reducing their retail store workforce, or in-store promoters, in the absence of sales during the on...
- Want discounts on smartphones? Here's why you should wait till January-endBrands such as Asus, Lenovo, Realme and Huawei will look to get rid of inventory as the ecommerce FDI policy restricts exclusive deals, pla...
- Realme, OnePlus seek clarity on tweaks in FDI in e-commerce policyLast month, the government tightened the FDI rules in the ecommerce space that bar online marketplaces from inking exclusive deals for prod...
- Lenovo’s FY18 India phone sales at Rs 6,881 croreLenovo’s profit last fiscal was Rs 95 crore as compared with Rs 105 crore in FY17, reflecting the profitability of the PC business.
- Lenovo Q2 net loss $714 million; India helps boost revenue by 16%
- Computers, smartphones to get dearer as Rupee depreciates and component prices go up"The rupee having depreciated against the dollar from Rs 53 to Rs 58 in less than a month, prices will definitely go up by month end", says...
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