Lenovo Group announced results for its third fiscal quarter ended December 31, 2018. Lenovo posted its highest group revenue in four years of US$14 billion, up 8.5% YOY (12.8% YOY excluding currency impact). The company reported strong pre-tax income of US$350 million (up 133% / +US$200 million over the previous year) - an all-time record for the company as all businesses continued to report profit improvements.
Lenovo is a US$45 billion Fortune Global 500 company and a global technology leader in driving Intelligent Transformation through smart devices and infrastructure that create the best user experience.
The Intelligent Devices Group (IDG) encompasses the PC and Smart Devices business, including PCs, tablets, augmented and virtual reality (AR/VR), smart devices, software and services, and the Mobile business for smartphones. The second group is the Data Center Business Group (DCG), which includes servers, storage, networking, software and services. The company is supported by the Lenovo Capital and Incubator Group (LCIG) which drives innovation through investments and incubation in startups that align to the company’s Intelligent Transformation strategy.
Lenovo manufactures one of the world's widest portfolio of connected products, including smartphones (Motorola), tablets, PCs (ThinkPad, Yoga, Lenovo Legion) and workstations as well as AR/VR devices and smart home/office solutions. Lenovo's data center solutions (ThinkSystem, ThinkAgile) are creating the capacity and computing power for the connections that are changing business and society.
Lenovo's corporate headquarters is located in Hong Kong, with key operations centers in Beijing and Morrisville, North Carolina. We have over 57,000 employees globally.