![Lenovo profits are down a staggering 75% in the 'new normal' PC market](https://www.techspot.com/images2/news/ts3_thumbs/2023/05/2023-05-26-ts3_thumbs-51f.jpg)
The current PC market is melting Lenovo's profits. The Chinese manufacturer recently published its financial results for the fourth quarter of fiscal year 2022/23, choosing to highlight the positive results in ancillary business divisions while the PC group is experiencing a substantial downsizing.
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