Lenovo today announced Group revenue in the third quarter reached a record high of US$14.1 billion, and the tenth consecutive year-on-year quarter of growth. Pre-tax income grew 11% compared to the same quarter a year earlier, to US$390 million and net income also increased 11% year-on-year to US$258 million.
Lenovo is a US$50 billion Fortune Global 500 company, with 57,000 employees and serving customers in 180 markets around the world.
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.