News Articles

Lenovo and NetApp Form Global Strategic Partnership to Accelerate Customers’ Digital Transformation NEW YORK -Saturday 15 September 2018

(BUSINESS WIRE)-- Today at Lenovo’s Transform 2.0 conference, Lenovo (HKSE: 992) (ADR: LNVGY), a Global Fortune 500 company and a technology leader in Intelligent Transformation, and NetApp (NASDAQ: NTAP), a Fortune 500 company and the data authority for hybrid cloud, announced a global...

Lenovo and Pivot3 Optimize Smart City Security -Friday 31 August 2018

(BUSINESS WIRE)-- Lenovo (HKSE: 992) (ADR: LNVGY), a Fortune Global 500 company and global technology leader in driving Intelligent Transformation, and Pivot3, a leading provider of hyperconverged infrastructure solutions (HCI), today announced a global strategic partnership to develop, market...

Lenovo Accelerates Turnaround with Back-to-Back, Double-Digit Quarterly Revenue Growth -Thursday 16 August 2018

Quarterly performance continues to validate Lenovo’s strategy with Q1 revenue up 19% YOY to US$11.91 billion; second consecutive, double-digit quarterly growth and profitability improvement across all business units Q1 PTI continues strong momentum, growing to US$113 million, up US$182...

Lenovo Leaps Forward with Next-Generation ThinkAgile Composable Cloud Platform -Wednesday 18 July 2018

(BUSINESS WIRE)-- Lenovo Data Center Group (HKSE: 992) (ADR: LNVGY), one of the fastest growing hyperconverged infrastructure (HCI) vendors according to IDC, – with HCI revenue growing at almost twice the market growth rate in Q1 2018 (149.1% compared to 76.3%)—is further expanding its...

Lenovo Attains Status as Largest Global Provider of TOP500 Supercomputers -Monday 25 June 2018

(BUSINESS WIRE) -- Today, at the International Supercomputing Conference (ISC) in Frankfurt, Lenovo Data Center Group (HKSE: 992) (ADR: LNVGY) continued its global momentum, becoming the world’s largest TOP500 supercomputing provider measured by the number of systems ranked on the TOP500...

NAF and Lenovo Announce Winners in Mobile App Competition -Wednesday 30 May 2018  

(BUSINESS WIRE) -- Lenovo, a leading global technology company, together with NAF, a nonprofit organization focused on high school education, today announced the winners from NAF academies participating in the fourth annual Lenovo Scholar Network National Mobile App Development...

Lenovo Drives Strong Fourth Quarter and FY2017/2018 Results; Innovation and Efficiencies Power Continued FY2018/2019... -Thursday 24 May 2018

(BUSINESS WIRE)-- Lenovo Group (HKSE: 0992) (PINK SHEETS: LNVGY) today announced results for its fourth fiscal quarter and full fiscal year ended March 31, 2018. For its fourth fiscal quarter FY2017/18, Lenovo reported US$10.6 billion in revenue, up 11% year-on-year - the first double digit...

Lenovo™ Sees Intelligence Transforming Everything at MWC 2018, From Devices to Data Center -Wednesday 28 February 2018  

(BUSINESS WIRE) -- Today, at MWC 2018, Lenovo reinforced its 2018 vision for technology innovations, moving its core strategy to Augmented Intelligence. With its roots in the PC space, Lenovo has created one of the most complete collections of smart AI devices, giving it a unique advantage...

Lenovo’s Three-Wave Strategy Delivers Strong Revenue and Earnings in Third Quarter FY2017/18 -Thursday 1 February 2018

(BUSINESS WIRE) -- Lenovo Group (HKSE: 0992) (PINK SHEETS: LNVGY) today announced results for its third fiscal quarter ended December 31, 2017. Revenue was US$12.9 billion, a 6.3 percent increase year-over-year, and 10 percent increase over the second fiscal quarter of FY2017/18. Lenovo...

From Pocket to PC to Home: Lenovo’s CES 2018 Lineup Makes Reality Better -Wednesday 10 January 2018  

(BUSINESS WIRE)- Today, at CES 2018, Lenovo outlined its 2018 vision for technology innovations – this new portfolio of intelligent devices will make reality better, from the pocket to the PC to the home. Virtual reality (VR) gets even better with a new take on VR consumption and creation....

Lenovo Delivers Solid Revenue Growth in Second Quarter FY 2017/18 -Friday 3 November 2017

Revenue was US$11.8 billion, up 5 percent year-over year, up 18 percent quarter-to-quarter Pre-tax income improved US$104 million quarter-to-quarter to US$35 million Market conditions remain challenging and Lenovo is strongly executing its 3-wave strategy Lenovo finalized its joint...

Lenovo™ Connects Consumers with Powerful Reality of Today’s New Smart Devices -Friday 1 September 2017  

(BUSINESS WIRE)-- Lenovo announced five new smart devices that unlock the power and potential of intelligent technology today – using artificial intelligence (AI), unleashing smart features and deploying augmented (AR) and virtual reality (VR). With their affordable prices, these devices make...

Lenovo Continues to Gain Momentum in First Quarter FY 2017/18 -Friday 18 August 2017

(BUSINESS WIRE)-- Behind the strength of its 3-wave strategy, Lenovo’s business transformation continued to gain traction during the first quarter, delivering solid profitability in its core PC and smart devices business, and revenue and profit improvements in targeted growth areas, including...

Lenovo Announces Fourth Quarter and Full Year 2016/17 Results  -Friday 26 May 2017

Good progress with new three-wave strategy in a year of transformation New end-to-end ownership model to help manage each business differently Fourth-Quarter revenue was US$9.6 billion; Full-Year revenue was US$43 billion Fourth-Quarter net income was US$107 million; Full-Year net...

Lenovo Sets Stage for New Mobility with Smart, Connected Devices & Services -Monday 27 February 2017  

(BUSINESS WIRE): Lenovo today announced an ecosystem of devices and services that support the new era of mobility and represent how today’s users are demanding solutions that bridge connectivity, hardware and user-centric design. Lenovo is introducing a new device portfolio at Mobile World...

Lenovo’s Third Quarter FY 2016/17 Results Led by Growth In PC Business -Friday 17 February 2017

Revenue was US$12.2 billion Pre-tax income was US$101 million Net income was US$98 million Lenovo’s PC business outperformed the industry with revenue growth at two percent year-over-year Record PC market share of 22.4 percent worldwide Basic EPS of 0.90 US cents or 6.98 HK...

 Lenovo Shows How “Different Innovates Better” at CES 2017  -Tuesday 3 January 2017    

Premium work and play experience with latest ThinkPad X1 family and Miix 720 detachable New gaming sub-brand Lenovo Legion and two laptops: Lenovo Legion Y720 Laptop and Lenovo Legion Y520 Laptop Living smarter with Lenovo Smart Assistant with Amazon® Alexa®, Lenovo Smart Storage and...

 Lenovo Delivers Profitable Second Quarter FY 2016/17 Results  -Thursday 3 November 2016

Revenue was US$11.2 billion, down eight percent year-over-year; up 12 percent quarter-over-quarter Pre-tax income was US$168 million, compared to US$842 million loss in second quarter last year Net income was US$157 million, compared to US$714 million loss in second quarter last...

Lenovo Reveals the Yoga™ Book – the 2-in-1 tablet for Productivity and Creativity -Thursday 1 September 2016  

The Yoga Book harnesses the best of the tablet while introducing new productivity and creative hardware and software, with halo keyboard feature, real-pen accessory and Book UI. The Yoga Book’s halo keyboard feature weaves software and hardware into one interface, allowing for a typing...

Solid Lenovo 1st Quarter FY16-17 in Face of Industry & Currency Headwinds -Friday 19 August 2016

Revenue was US$10.1 billion, down 6% (down 4% excluding foreign exchange impacts) YoY Pre-tax income of US$206 million, up 297% YoY Net income of US$173 million, up 64% YoY Positive developments across every business show transformation strategy’s traction Disruptive innovation...

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