China's Lenovo posts 64% slump in quarterly profit, but tops estimates
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HONG KONG (Reuters) - China's Lenovo Group , the world's biggest maker of personal computers (PCs), posted a better-than-expected quarterly profit on Wednesday and said it could benefit from the "new normal" of working from home."This trend is not only leading to a growth in PCs and smart devices, but also in the supporting data centres and infrastructure to power faster networks and digital consumption," said Lenovo in a statement.Lenovo reported a 64% slump in net profit for its fourth..