Lenovo announced group revenue in the first quarter reached US$12.5 billion, the eighth consecutive quarter of growth. Pre-tax income more than doubled year-on-year, growing by US$127 million to reach US$240 million. Net income also more than doubled, up US$85 million to US$162 million.
The value of Bitcoins and NFTs might be dwindling, but a different approach to cryptocurrency is growing in popularity around the world while showcasing a different face of the blockchain.
Since the start of the pandemic, chip shortages have majorly impacted the automotive, information technology, and consumer electronics sectors, partly due to disruptions in production processes and supply chains amid increased demand.