lenovo group ltd reported results for its fiscal third quarter on wednesday heres what you need to know net profit the worlds largest personal computer maker posted a record net profit of 640 million in the octobertodecember period up 62 on year that beat market expectations of 564 million according to factsets poll of analysts revenue revenue also beat expectations rising 17 to a record 2013 billion a factset poll of analysts had predicted 1937 billion  pc business while lenovos shipment volume fell 65 in the december quarter according to canalys its revenue figure continued to grow expanding sales for premiumpriced products offset the downturn in overall sales volume sales of workstation laptops which typically carry higher price tags jumped 40  chip shortage electronics and hardware makers globally were confronted by a shortage of semiconductors in 2021 lenovo said it has seen signs of easing in the issue even though tightness in supply remains