Lenovo caught off guard by tariffs even as AI PCs deliver strong annual revenue

May 22, 2025

Lenovo Group, the world’s largest personal computer maker, said it is grappling with an unexpected blow from the latest US-China tariffs, even as robust demand for artificial intelligence (AI) products helped the company deliver strong annual results for the last financial year. The Beijing-based company reported on Thursday that revenue for the year ended March 31 climbed 21 per cent to US$69.1 billion, with net income rising 37 per cent to US$1.4 billion – results that are among the best...

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