The company's CEO said that it will have to bring prices up because of the RAM crunch, even though a few months ago another executive said the company has enough for 2026.
Lenovo has begun raising PC prices in some markets as memory shortages drive up costs, warning that the crunch could last longer than expected and continue to pressure both shipments and pricing.
The company earlier reported a 21% decline in net income over the December quarter, pushing its shares down 4.7% and ...
Lenovo speaks up about the ongoing memory shortage, urging customers and partners to buy products "as soon as you can," as pricing and availability gets worse.
The new parts aren't in mass production yet, but they'll likely replace most consumer RAM in the coming years.
It looks like 2028 at the earliest before demand subsides and costs come down from the AI boom.
A prolonged global memory chip shortage, driven largely by AI demand, is pushing up costs and reshaping how PC makers price laptops and desktops.
The boom in AI data center building has caused a shortage of memory chips which are also crucial for electronics like ...
Lenovo reported that its PC market share reached 25.2% in the third quarter, which is the only time any company has surpassed 25% global PC market share.
Lenovo’s upcoming 8.8-inch gaming tablet is said to pack up to 24GB RAM, a smooth 165Hz display, and fast charging capabilities.