China's Lenovo posts third-quarter loss due to U.S. tax reform

HONG KONG (Reuters) - Chinese personal computer maker Lenovo Group reported a quarterly loss of $289 million on Thursday against a $98 million profit a year earlier, due mainly to a one-off charge of $400 million resulting from U.S. tax reform.


from Reuters: Technology News http://ift.tt/2FyBGP9

No comments:

Post a Comment

Trump Moves to Stop States From Regulating AI With a New Executive Order

The order would create one federal regulatory framework for artificial intelligence, President Trump told reporters in the Oval Office. Font...