By Daniel Hunter

Lenovo, the world's largest computer manufacturer, has reported a 20% in revenues.

Revenues for the year to the end of March were up to $46.3 billion. However, profits were below expectations rising 1% to $829m.

The Chinese firm said revenues from its mobile business reached $9.14bn. Lenovo last year bought Motorola, which made it the world's third largest smartphone manufacturer.

The tech giant said it was "another record year for Lenovo with a more diversified business", but the slow profit growth was due to increased operating costs.