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Lenovo Net Rises 25% on PC, Smartphone Market Share Gains

Lenovo Group Ltd., the world’s largest maker of personal computers, reported a 25 percent jump in fourth-quarter profit as its desktop models and mobile devices gained global market share.

Net income climbed to $158.3 million in the three months ended March from $126.9 million a year earlier, the company reported today. That compared with the $163.6 million average of nine analysts’ estimates compiled by Bloomberg.