Chinese PC maker Lenovo said on Thursday that net profit in its fiscal first quarter ended June 30 grew by 30 percent year-over-year, as the company inched closer toward surpassing HP to become the top vendor in the market.
Lenovo's net profit reached $141 million in the quarter, up from $108 million in the same period a year ago. The company's revenue in the quarter was at $8 billion, a year-over-year increase of 35 percent.
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