Lenovo Group, the parent of IBM’s former Personal Computing Division, reported a quarterly profit of some $45 million on Monday.

That’s some $10 million more than in the same quarter a year ago as Lenovo incorporates the IBM group into its international operations.

Lenovo announced last week plans to build a new $84 million headquarters for the PC group in Morrisville, NC.

Lenovo: www.lenovo.com