A man uses his laptop next to Lenovo's logos during the Mobile World Congress in Barcelona, Spain February 25, 2016.
PHOTO: REUTERS
The adjustment to be reflected in the financial results is of a non-cash nature, and the company does not expect it to have any material effect on its operation or cash-flow position, the PC maker said in a filing to the Hong Kong bourse.
Which voice in your fridge? Makers pick virtual assistants
Lenovo, a unit of Legend Holdings, said US corporate tax cuts would “positively impact” future earnings of its US operations in the long-term.
Lenovo will announce third-quarter results on February 1.
Tax reforms signed into law in December lower the income tax rate for US companies to 21 per cent from 35 per cent.
1736847365-0/fizza-(22)1736847365-0-165x106.webp "article")
1736844171-0/Untitled-design-(71)1736844171-0-165x106.webp "article")
1736753547-0/sidra--(80)1736753547-0-270x192.webp "apple board opposes proposal to end diversity equity and inclusion efforts")
1732012115-0/Untitled-design-(14)1732012115-0-270x192.webp "punjab cm maryam nawaz launches free 3 marla plot scheme")
1736765990-0/fizza-(14)1736765990-0-270x192.webp "taylor swift gives 100 000 bonus and hand written note to eras tour crew members after u s leg")
COMMENTS
Comments are moderated and generally will be posted if they are on-topic and not abusive.
For more information, please see our Comments FAQ