Still investors, worried that the conflict was morphing into a technology cold war, dumped shares of Asian tech companies, with Lenovo’s stock price falling as much as 6.3% to its lowest in nearly four months.
Dual-headquartered in China and the United States, the world’s largest PC maker on Thursday said it is “well poised to navigate the turbulence in the geopolitical and macro-economic environment”.
The United States has sought to address what it believes is imbalanced trade with China, unleashing waves of tit-for-tat import tariffs on billions of dollars worth of goods.
