Yes
Lenovo Group Limited is the world’s number 3 PC brand. It has gained the operating margins at the perfect levels. Lenovo has attained this steady growth and it expects to maintain or improve its gross margin in China operations now and in the future.
Yes, Lenovo margins expected to be stable in the China operations.
Further explanation:
Lenovo group is a multinational company having headquarter in Hong Kong, China. Lenovo produces most of the technology products like laptop, desktop, mobile, tablets, PCs etc. China is a country which is always advance in technology. The net margin of Lenovo in China is stable and having aim to gain more profit in future. One of the biggest markets of Lenovo is China itself. China itself provide a profitable gain to Lenovo. In last few years, Lenovo has been investing large amount to expand their smartphone business.
Lenovo is world’s no. 3 PC company and expect to become no. 1 in near future. According, to the recent report, the net gain profit margin’s compared to first quarter is 12.5 percent.
Thus, in the long term Lenovo margins expected to be stable in the China operations.
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Answer details:
Grade: College Engineering
Subject: Computer Science
Chapter: Computers and Technology
Keyword:
Lenovo, China, Hong Kong, gain, margin, smart phone, PC, Tablets, large, quarterly, percent, profit, products, operations, laptop, report, company
