Lenovo Profit Rises 30% as It Closes in on Hewlett-Packard

Lenovo Profit Rises 30% as It Closes in on Hewlett-Packard

Daniel Acker/Bloomberg

Lenovo shares surged as much as 5 percent as the results reflect efforts by chief executive officer Yang Yuanqing to meet his goal of making Lenovo the world’s largest PC producer.