The group released the first quarter results of fiscal year 2020 / 2021. According to the financial report, Lenovo Group’s revenue in the first quarter was $13.348 billion, a year-on-year increase of 7%, and a net profit of $213 million, a year-on-year increase of 31%. < / P > < p > the smart device business group consists of personal computer and intelligent device business and mobile business. The group’s revenue grew 5.2% year-on-year to $11.736 billion, a new record in the first quarter. Its profit before tax increased by 17.2% year-on-year to $620 million. < p > < p > among them, the revenue of personal computer and intelligent equipment business increased by 10.1% year-on-year, reaching US $10.603 billion, accounting for 80% of the group’s total revenue. < p > < p > the pre tax profit margin of the PC and smart device business increased by 0.9 percentage points to 6.3%. As a result, the profit before tax increased by $6.7 billion over the period. < / P > < p > mobile recorded quarterly revenue of $1093 million, down 27% from the same period last year, due to a sharp drop in demand in Latin America. < / P > < p > in the first quarter, the data center business group was able to cope with strong cloud demand, and its revenue increased by 18.9% year-on-year to $1.612 billion, accounting for 12% of the group’s total sales. < / P > < p > data center business group business losses decreased by $17 million on a quarterly basis, but increased by $7 million to $58 million year-on-year. The year-on-year decline was mainly affected by increased costs caused by the outbreak and increased investment to further strengthen the group’s long-term growth prospects in regional markets, including China. < p > < p > in the quarter under review, Lenovo’s revenue in China and EMEA increased by 16.6% and 28.3% year-on-year, respectively. In the Asia Pacific region, group revenue increased slightly by 0.7% year-on-year. Sales in the Americas fell 9.1% year on year. The decline in demand for smartphones in Latin America is the main reason for this slowdown. In addition, the group faced a shortage of parts in chromebook this quarter, which prevented the PC business in North America from growing at full speed.