Lenovo, together with its subsidiaries (‘the Group’), today announced third quarter results reporting Group revenue increasing 3% year-on-year to US$15.7 billion, and Group profitability improving quarter-to-quarter for the second time in a row. Net income was US$357 million on a non-Hong Kong Financial Reporting Standards (non-HKFRS) basis, with net income margin up 0.4% quarter-to-quarter to […]
Lenovo announced third quarter results, achieveing year-on-year growth and seizing AI opportunities.
Lenovo has been honored with a Gold Award in the annual Best Corporate Governance and ESG Awards by the Hong Kong Institute of Certified Public Accountants.
Lenovo (United States) Inc., part of the global technology corporation, Lenovo Group, filed a patent infringement action on November 15th with the United States International Trade Commission (ITC) against ASUSTeK Computer Inc. and ASUS Computer International (ASUS) for infringement of a variety of Lenovo’s patents related to software, hardware, and connectivity across multiple ASUS products. T
Lenovo, together with its subsidiaries (‘the Group”), today announced second quarter results. Gross profit margin improved year-on-year to 17.5%, a record high for a second quarter. The Group’s diversified growth engines continued to deliver strong performance, with revenue from the non-PC businesses accounted for 40% of Group revenue, up three points year-on-year. The Group is […]
Lenovo announced second quarter results, delivering quarter-on-quarter performance improvements and further accelerating AI leadership.
Let me start by saying that Lenovo is a pioneer of foldable technology. The first ThinkPad X1 Fold was the world’s first Foldable PC and launched in 2020, and Motorola continues to demonstrate leadership with the Razr smartphone series. Lenovo is widely recognized as a leading innovator in form factor design and in pushing the […]
S&P Global Ratings has upgraded the long-term issuer and issue credit ratings on Lenovo to ‘BBB’ with a stable outlook.
Lenovo announced the appointment of Mr. John Thornton as an independent non-executive director and a member of the Nomination and Governance Committee of the company.
Lenovo today announced first quarter results for the Group. Revenue from the non-PC businesses accounted for 41% of Group revenue, with the service-led business achieving strong growth and sustained profitability – further demonstrating the effectiveness of Lenovo’s intelligent transformation strategy. The Group remains committed to doubling investment in innovation in the mid-term, including an additional […]
Lenovo announced first quarter results, reporting the increasing revenue from non-PC businesses; and showing commitment to innovation investment.
Lenovo has ranked #217 on FORTUNE’s annual Global 500 List and in the top 20 (#16) of all Technology sector companies cited in the List.
Lenovo today announced full-year results, reporting Group revenue of US$62 billion and net income of US$1.6 billion, or US$1.9 billion on a non-Hong Kong Financial Reporting Standards (HKFRS) basis. Profitability was stable with gross margin and operating margin both delivering 18-year highs and non-HKFRS net margin flat year-to-year. While Group revenue was impacted due to […]
Lenovo announced full-year results (FY2022/23), reporting stable profitability in year of accelerating transformation.
Lenovo today won Digital Disruptor category at the Blue Yonder ICONic Customer Award 2023. This award honors companies who are pushing boundaries and driving change across their organization. By using digital planning solutions, Lenovo has achieved end-to-end transformation and digital disruption. As a result, Lenovo has driven quantifiable impact, challenged traditional norms, and created new and innovative ways of doing business that better meet the needs of Lenovo’s customers and business.