Lenovo warns of price hikes to absorb U.S. tariffs, shares slide

Lenovo warns of price hikes to absorb U.S. tariffs, shares slide

5 years ago
Anonymous $ZuTig1gZkQ

https://www.reuters.com/article/us-lenovo-results/lenovo-warns-of-price-hikes-to-absorb-u-s-tariffs-shares-slide-idUSKCN1V42E6

China's Lenovo Group, the world's largest PC maker, warned it will have to raise product prices if U.S. tariffs increase, sending its shares tumbling 6.5% to two-month lows.