The PC maker’s chief executive said Chinese startup DeepSeek’s breakthrough is “very positive” for the industry and in particular for Lenovo.

BEIJING (Reuters) -Chinese technology company Lenovo reported a 20% rise in third-quarter revenue on Thursday, as the global personal computer industry showed modest signs of recovery. Lenovo, the world's largest PC maker,

Lenovo Group Ltd. posted a faster-than-anticipated 20% jump in quarterly revenue thanks to demand for AI computing infrastructure, which helped offset a persistent funk clouding the global PC market.

The world’s largest PC maker reported better-than-expected quarterly earnings boosted by its bet on the fast-growing use of artificial intelligence.

Lenovo on Thursday reported a 20% rise in third-quarter revenue as the global personal computer industry showed signs of recovery. Julian Satterthwaite reports.

Chinese PC company Lenovo Group Ltd (OTC: LNVGY) reported fiscal third-quarter revenue growth of 20% year-on-year to $18.796 billion, beating the analyst consensus estimate of $15.58 billion. This marked the highest quarterly sales in the past three years and the second highest in the Group’s history.

Chinese technology giant Lenovo (0992.HK) reported a 20% year-on-year increase in third-quarter revenue, highlighting a rebound in global PC demand following a prolonged industry slump. The world’s largest PC manufacturer posted $18.