When the Lenovo group announced record revenues on Thursday, it was not only a rare moment of good news for the Chinese technology sector, but also a lesson in strategy.

Aside from announcing record quarterly revenue of $14.1bn (about R213bn) for its third quarter, to the end of December 2019, it also reported its 10th consecutive year-on-year quarter of growth.

BL Premium

This article is reserved for our subscribers.

A subscription helps you enjoy the best of our business content every day along with benefits such as exclusive Financial Times articles, ProfileData financial data, and digital access to the Sunday Times and Times Select.

Already subscribed? Simply sign in below.

Questions or problems? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now