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
15:12
The Vice President of Salvamont Romania raises an alarm about the personnel crisis: "8 out of 10 positions are unfilled. We have only 350 rescuers in the whole country."
15:07
Chancellor Friedrich Merz: Germany is facing "real threats" after the discovery of the third drone near the airport in Leipzig.
14:57
Russia considers possible space cooperation with the USA after the closure of the International Space Station.
14:49
Mihai Badea is set to take Claudiu Năsui's place in Parliament, after he accepted to become a minister in the Republic of Moldova.
14:40
At least 40 people have been killed following an attack by criminal gangs in Haiti
See more news