Lenovo's Memory Costs Likely to Be Less Favorable Than Expected -- Market Talk

Dow Jones

11 hours ago

0329 GMT - Lenovo's upcoming memory costs are likely to be less favorable than expected, Morningstar analyst Jing Jie Yu says in a research note. The PC maker may have to hike prices further to reduce the impact of memory costs on margins, the analyst says. Morningstar sees little relief in PC memory costs and prices in the next two years, which would weigh on PC shipments. Meanwhile, despite guiding for a turnaround as soon as the first(?) fiscal quarter, the analyst thinks it's unlikely for Lenovo's infrastructure business to be accretive to Lneovo's profits in the long run. The company assemblies externally sourced server and storage components, giving it limited pricing power, she notes. Shares are last 0.5% lower at HK$9.21. (sherry.qin@wsj.com)

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February 15, 2026 22:29 ET (03:29 GMT)

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The PC maker may have to hike prices further to reduce the impact of memory costs on margins, the analyst says. Morningstar sees little relief in PC memory costs and prices in the next two years, which would weigh on PC shipments. Meanwhile, despite guiding for a turnaround as soon as the first(?) fiscal quarter, the analyst thinks it's unlikely for Lenovo's infrastructure business to be accretive to Lneovo's profits in the long run. The company assemblies externally sourced server and storage components, giving it limited pricing power, she notes. Shares are last 0.5% lower at HK$9.21. (sherry.qin@wsj.com) \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  February 15, 2026 22:29 ET (03:29 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Lenovo's Memory Costs Likely to Be Less Favorable Than Expected -- Market Talk</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nLenovo's Memory Costs Likely to Be Less Favorable Than Expected -- Market Talk\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2026-02-16 11:29</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     0329 GMT - Lenovo's upcoming memory costs are likely to be less favorable than expected, Morningstar analyst Jing Jie Yu says in a research note. The PC maker may have to hike prices further to reduce the impact of memory costs on margins, the analyst says. Morningstar sees little relief in PC memory costs and prices in the next two years, which would weigh on PC shipments. Meanwhile, despite guiding for a turnaround as soon as the first(?) fiscal quarter, the analyst thinks it's unlikely for Lenovo's infrastructure business to be accretive to Lneovo's profits in the long run. The company assemblies externally sourced server and storage components, giving it limited pricing power, she notes. Shares are last 0.5% lower at HK$9.21. (sherry.qin@wsj.com) \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  February 15, 2026 22:29 ET (03:29 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU0128525689.USD","symbol_name":"TEMPLETON GLOBAL BALANCED \"A\"(USD) ACC","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2611717022","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2611717022","pubTimestamp":1771212540,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"0329 GMT - Lenovo's upcoming memory costs are likely to be less favorable than expected, Morningstar analyst Jing Jie Yu says in a research note. The PC maker may have to hike prices further to reduce the impact of memory costs on margins, the analyst says. Morningstar sees little relief in PC memory costs and prices in the next two years, which would weigh on PC shipments. Meanwhile, despite guiding for a turnaround as soon as the first(?) fiscal quarter, the analyst thinks it's unlikely for Lenovo's infrastructure business to be accretive to Lneovo's profits in the long run. The company assemblies externally sourced server and storage components, giving it limited pricing power, she notes. Shares are last 0.5% lower at HK$9.21. 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The PC maker may have to hike prices further to reduce the impact of memory costs on margins, the analyst says. Morningstar sees little relief in PC memory costs and prices in the next two years, which would weigh on PC shipments. Meanwhile, despite guiding for a turnaround as soon as the first(?) fiscal quarter, the analyst thinks it's unlikely for Lenovo's infrastructure business to be accretive to Lneovo's profits in the long run. The company assemblies externally sourced server and storage components, giving it limited pricing power, she notes. Shares are last 0.5% lower at HK$9.21. (sherry.qin@wsj.com) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  February 15, 2026 22:29 ET (03:29 GMT)\n\n\n  Copyright (c) 2026 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}