0504 GMT - Both Lenovo's smart devices and infrastructure service segments risk being hurt by surging memory prices, according to Citi analysts. The world's largest PC maker will prioritize the supply of memory chips for its smart device business, but it won't sacrifice profitability, the analysts say in a note after attending the company's investor meeting. Meanwhile, its infrastructure service business may have more room than expected to increase server margins, given the memory supply shortage, they say, citing management. The analysts note that the PC maker currently expects a limited, temporary impact from the Middle East conflict, as revenue from the region accounts for a low-single-digit share of overall revenue. Shares are 2.85% higher at HK$9.73. (sherry.qin@wsj.com)

(END) Dow Jones Newswires

March 11, 2026 01:04 ET (05:04 GMT)

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