China's Lenovo warns of PC shipment pressure from memory shortage
Reuters
Feb 12
China's Lenovo warns of PC shipment pressure from memory shortage
BEIJING, Feb 12 (Reuters) - China's Lenovo Group 0992.HK warned on Thursday of mounting pressure on PC shipments as a worsening memory-chip shortage grips the industry.
Chief Executive Yang Yuanqing told Reuters after the company released third-quarter results the world's largest PC maker has raised prices to offset surging memory costs, while accelerating its push into the fast-growing AI inference market.
The comments underscore the strain on PC manufacturers as memory-chip shortages, driven by AI demand, squeeze margins and threaten production targets.
(Reporting by Che Pan and Brenda Goh; Editing by Muralikumar Anantharaman)
((Che.Pan@thomsonreuters.com;))
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