News Articles

Lenovo Kick-Starts FY19/20 With Industry Leading Growth, Doubling Year-on-Year Income Through Strong Customer Focus and... HONG KONG -Friday 16 August 2019

Group revenue grew year-on-year for eight consecutive quarters, reaching US$12.5B in Q1 FY19/20 PTI more than doubled to US$240M year-on-year, up US$127M Net income was US$162M, up US$85M year-on-year, also more than doubling One in every four PCs built worldwide is a Lenovo PC, thanks...

Lenovo Introduces Single-socket Servers, Designed Specifically for Edge and Data-intensive Workloads -Saturday 10 August 2019

Lenovo’s new ThinkSystem SR635 and SR655 single-socket server platforms are specifically built to harness the full potential of AMD EPYC™ 7002 Series processors Enhance video security and other critical applications for edge and virtualized environments with greater storage, processing...

Lenovo Achieves Record Revenue for FY18/19 Driven by Success of Intelligent Transformation Strategy and Strong... -Friday 24 May 2019

Lenovo posts record fiscal year results with revenue reaching all time high of US$51 billion, up 12.5% year-on-year Intelligent Transformation strategy drives PTI jump to US$856 million – up more than four times at 459% YOY Net income is US$597 million, an increase of US$786 million...

Lenovo Announces Data Center Portfolio Refresh – Featuring New Intel® Processors, Persistent Memory and... -Thursday 4 April 2019

(BUSINESS WIRE)-- Lenovo (HKSE: 992) (ADR: LNVGY), a Fortune Global 500 company and a technology leader in Intelligent Transformation, today announced a series of upgrades to its ThinkSystem and ThinkAgile data center infrastructure portfolios, aligned with Intel’s launch of the 2nd Generation...

Lenovo Data Center Group Delivers Broad Edge Computing Portfolio, Expands Investments in IoT -Saturday 23 February 2019

Lenovo unveils its ThinkSystem SE350 edge server, the first of a family of edge servers to come from the firm Lenovo highlights new IoT solutions in video security and surveillance through its partnership with Pivot3 and Future-Ready Retail Store Infrastructure through its partnership with...

Lenovo Delivers Strong Performance with Highest Quarterly Revenue in Four Years and Record Pre-Tax Income -Friday 22 February 2019

Highest quarterly revenue for four years (since Q3 FY14/15) – US$14 billion, up 8.5% year-on-year (YOY) and 6th consecutive quarter of YOY revenue growth All-time record high PTI of US$350 million - jumped 133% YOY Recorded net income of US$233 million for the fiscal quarter,...

Lenovo Announces Lenovo TruScale™ Infrastructure Services – a Consumption-Based, as-a-Service Offering -Thursday 14 February 2019  

New infrastructure subscription service provides customers with more flexible, agile and efficient solutions IT organizations can deploy and refresh data center hardware, software solutions and services without capital investment Customers pay for what they use with a flexible,...

Clear Mission, Strategy and Execution Power Lenovo to Third Straight Double-Digit Quarterly Revenue Growth and... -Friday 9 November 2018

Q2 revenue up 14% to US$13.4 billion, the highest quarterly revenue in nearly four years; and third consecutive YOY double-digit quarterly growth Q2 PTI of US$213 million jumped 89% sequentially; up more than 503% (+US$178 million) YOY, with all businesses reporting profit...

Lenovo and Scale Computing Collaborate to Solve Edge Infrastructure Challenges for Retailers -Thursday 18 October 2018

(BUSINESS WIRE)-- Lenovo (HKSE: 992) (ADR: LNVGY), a Global Fortune 500 company and a technology leader in Intelligent Transformation, and Scale Computing, a market leader in intelligent edge solutions, today announced a global partnership and a new joint product providing a solution for edge...

Lenovo and NetApp Form Global Strategic Partnership to Accelerate Customers’ Digital Transformation -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...

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