On Thursday, Chinese PC company Lenovo Group Ltd (OTC: LNVGY) reported a fiscal second-quarter revenue growth of 24% year-on-year to $17.85 billion, beating the analyst consensus estimate of $16.34 billion.

Lenovo will further diversify its supply chain and plans to open more manufacturing facilities outside China amid global geopolitical uncertainty, Chairman Yang Yuanqing said. Lenovo, the world's largest PC maker,

Lenovo posted a 24 per cent revenue rise in its fiscal second quarter from a year earlier, spurred partly by sales growth for computers that can handle artificial intelligence workloads as the global personal computer industry showed signs of recovery.