Lenovo, the world's fourth-largest personal computer maker, swung to an annual loss in its 2008-09 fiscal year and predicted more pain for the current year.
The weak results and bearish outlook underline that the company's founders, who came back to run it in February, have no quick fix for its problems amid the global economic downturn.
Lenovo's net loss widened to $264m in the three months ended March 31, from $96.7m in the preceding quarter.
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