The world's largest PC manufacturer Lenovo is seeing an easing of the component shortage that has lasted for more than a year. There are still some bottlenecks, for example in integrated circuits, but the worst in now over and the supply is improving, Lenovo’s managing director in the DACH region, Mirco Krebs, told dpa. This means that even entry-level laptops at prices below 400 euros will be more readily available in stores again.
At the same time, however, there is upward pressure on prices, among other things due to the continuing high logistics costs and unfavorable exchange rates. Demand remains high, while availability is improving, Krebs added.
The German PC market grew by 16 percent in the last quarter to around four million units. Growth was driven by the corporate business, with sales to companies increasing by 30 percent. Lenovo increased its quarterly sales in Germany year-on-year from 1.08 billion dollars to 1.25 billion dollars. The Chinese company has a 37 percent share of the enterprise market and about one-fifth of the consumer market in Germany.
Globally, Lenovo saw sales increase by 17 percent to just over 20 billion dollars in the third fiscal quarter, which ended on December 31, 2021. The company's profits grew 62 percent to 640 million dollars.
Notice: No person, organization and/or company shall disseminate or broadcast the above article on Xinhua Silk Road website without prior permission by Xinhua Silk Road.
A single purchase
