, Columnist
Lenovo’s Sharp Knife Is Behind Those Meaty Profits
Cost savings are welcome. They’re also hard to repeat.
At a Shanghai show: a better look.
Photographer: Qilai Shen/BloombergThis article is for subscribers only.
Congratulations to the team at Lenovo Group Ltd. for turning things around and producing positive operating profit for the June quarter after a loss the year before.
Investors should be looking hard at where the $186 million turnaround came from, however.