Record Revenue and Profit Growth
Lenovo's group revenue grew by 20% year-on-year to $18.8 billion, marking a three-year record, with net income surging by 106% year-on-year.
Intelligent Devices Group (IDG) Success
The IDG achieved double-digit revenue growth year-on-year, with the PC segment strengthening its market leadership and smartphone revenue continuing its double-digit growth.
Infrastructure Solutions Group (ISG) Turnaround
ISG delivered almost 60% year-on-year growth in revenue and achieved a break-even, driven by CSP business reaching a historical high.
Solutions and Services Group (SSG) Growth
SSG achieved double-digit revenue growth to a record high, with an operating margin of 20%, and its AI solution business is building lighthouse cases for top customers.
Strategic Investments and Innovations
Lenovo increased R&D investment by 14% year-on-year, focusing on AI, and launched a series of innovative products, including the world's first rollable AI laptop.