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The world's largest PC maker Lenovo posts earnings after a strong year of sales and despite slowing demand for PCs globally. Tara Joseph reports.
Brings you the most prominent business and financial thought leaders from around the world.
PCs may be a lot less cool than they were ten years ago, but for Chinese tech titan Lenovo, they're a major money spinner.
The company posting another strong year of earnings thanks to healthy sales of its core PC division at home and around the world.
Lenovo has about 20 percent of the global market and when it comes to new trends, tech analysts IDC say it's right on the mark.
(SOUNDBITE) (English) VICE PRESIDENT, CLIENT DEVICES, IDC ASIA/PACIFIC, BRYAN MA, SAYING:
"There's a few things that the industry of course is trying to drive right now to try to reinvigorate the PC market, if you will. One of these is what's commonly known in the industry as 'two-in-ones' basically a tablet and the PC together. Microsoft Surface is a great example of that, or in Lenovo's case it's the Lenovo Yoga. Basically you can have a notebook and a tablet at the same time - either the keyboard detaches or it folds unto itself or whatever it might be. The idea is that it's supposed to be the best of both worlds."
The PC world is also prepping for Microsoft's new Windows 10 which could breathe some new life into the market.
That could give Lenovo's competitors a leg up too - Hewlett-Packard nipping at its heels with strong sales and new products.
But the Chinese giant has its sights set on more than just computers.
Lenovo has made some bold buys, including Motorola.
It's now looking to conquer the mobile market - eyeing up its own smartwatch range that could take on the real heavy hitters like Apple.