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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...