AI And TechnologyAI PCs and AI servers, the key sales and profitability drivers, are expected to start contributing meaningfully by the December quarter.
Financial PerformanceLenovo’s 4QFY24 results are solid, with a slight beat across all segments on both revenue and profitability, driven by better revenue and gross margins.
Strategic PartnershipLenovo announced a strategic partnership with Alat, involving a US$2b Convertible Bond issuance and the establishment of a regional supply chain in Saudi Arabia for the MEA market.