Lenovo believes its smartphone business will improve by mid 2017. A user demonstrates a virtual pet on the Phab2 Pro phone at the Lenovo Tech World event on June 9, 2016 in San Francisco. Photo: AP

Lenovo reports quarterly profit of US$157m, sees smartphone unit on pace for turnaround in 2017

Lenovo chairman cautions of ‘challenging’ conditions, attributes quarterly result to buoyant personal computer, tablet and smartphone sales

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Lenovo believes its smartphone business will improve by mid 2017. A user demonstrates a virtual pet on the Phab2 Pro phone at the Lenovo Tech World event on June 9, 2016 in San Francisco. Photo: AP
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