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China's Lenovo Q1 revenue jumps 20%

BEIJING —China's Lenovo Group reported a 20-percent rise in its quarterly revenue on Thursday, as the global personal computer market showed signs of recovery after a two-year slump.

For the three months ended in June, the company's revenue rose to $15.4 billion, above the average estimate of $14.1 billion expected by analysts polled by LSEG.