Lenovo warns of price hikes to absorb U.S. tariffs, shares slide
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(Reuters) - 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.Lenovo's warning amid mounting business uncertainty due to the U.S.-China trade war cast doubt on its sales outlook and took the shine off forecast-beating quarterly results where robust PC sales helped the company more than double its profit.U.S. President Donald Trump said this week that he would postpone..