Flash ReportLenovo Happy Investors, Despite Lenovo’s First Loss in Six Years Coresight Research November 20, 2015 Executive Summary On November 12, Lenovo reported a net loss of US$714 million in its second-quarter results for fiscal year 2016. The loss was the first in six years, but the results were better than analysts had anticipated. Lenovo faces declining PC sales and growing competition in smartphones in China. One-off costs impacted profits, but a restructuring is expected to improve the company’s competitiveness. Please Login to read the full report. Not a member? To access this content for free, register for a free account. This document was generated for Other research you may be interested in: Weekly UK Store Openings and Closures Tracker 2025, Week 49: Claire’s Closes 150 Stores; Oliver Bonas To Open 20 StoresUS Forecast To See Multibillion-Dollar Hit from Falling International Visitor Spend: Another Retail HeadwindConsumer Sentiment Falls Further After Stock-Market Sell-Off: Weekly US Consumer Sentiment, Week 12, 2025—InfographicHoliday Shopping Starts in the Summer: Tariffs Trigger Ultra-Early Holiday Shopping in 2025—Data Graphic
