In the first quarter of fiscal 2025/2026, Lenovo reported net income of $505 million, up 108% year-over-year, and revenue of $18.8 billion, up 22%. Growth was supported by investments in artificial intelligence, an increase in R&D spending and an effective operational strategy. The Intelligent Devices Group division had revenue of $13.5 billion, and the PC segment grew 19%. AI infrastructure revenue also more than doubled, and Lenovo strengthened its leadership in the PC segment with 31% market share.
Sources
Latest News
17:02
17-year-old adolescent caught riding an unregistered motorcycle in Bucharest. After a chase, the young man hit a police vehicle and was injured.
16:51
Volodymyr Zelensky requests the European Union for 30 billion euros in aid to finance Ukraine's defense.
16:27
George Simion, at a Romanian church in Chicago: "The union has already been made: Romania with Moldova"
16:05
The West Nile virus reported in 12 European countries. Romania ranks third after the number of affected areas.
15:45
USR deputy criticizes the bill regarding political parties, proposed by AEP: "Welcome to the Grindeanu-Zăbăuianu Republic"
See more news