China's Lenovo warns of PC shipment pressure from memory shortage

SelfRugger · 2026-03-04T03:27:32+00:00

Lenovo warns of PC shipment challenges due to a worsening memory-chip shortage, impacting margins and production. Despite a revenue increase, net profit fell due to restructuring costs aimed at focusing on AI inference.

SelfRugger

2026-03-04 03:27:32

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China’s Lenovo warns of PC shipment pressure from memory shortage

World Internet Conference in Wuzhen · Reuters

Reuters

Thu, February 12, 2026 at 4:28 PM GMT+9 1 min read

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BEIJING, Feb 12 (Reuters) - China’s Lenovo Group warned on Thursday about ‌mounting pressure on PC shipments ‌as a worsening memory-chip shortage grips the industry.

Chief Executive Yang Yuanqing told Reuters after the company released third-quarter results the world’s largest PC maker ‌has raised prices ⁠to offset surging memory costs, while accelerating its push ⁠into the fast-growing AI inference market.

The comments underscore the strain on PC manufacturers as memory-chip shortages, driven by ‌AI demand, squeeze margins and threaten production targets.

Lenovo’s third-quarter revenue rose 18% to $22.2 billion, beating expectations of $20.6 billion, but net profit fell 21% ‌to $546 million, weighed down by a $285 million restructuring charge.

The restructuring aims to sharpen the ‌company’s focus on the AI inference market and will cut costs by up to $200 million over three ‌years, CEO Yang said.

(Reporting by Che Pan and Brenda Goh; Editing by Muralikumar Anantharaman)

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