Lenovo Group announced results for its second fiscal quarter ended September 30, 2018. For the third straight quarter, Lenovo achieved strong double-digit growth in revenue year-over-year. Group revenue reached US$13.4 billion, up 14% year-over-year (18% YOY excluding currency impact) - reporting its highest quarterly revenue for nearly four years. The company also reported its second consecutive quarter of strong, pre-tax income of US$213 million, six times as much as the previous year (+US$178 million) as all businesses reported 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.
We have three business groups at Lenovo. The Intelligent Devices Group (IDG) encompasses the PC and Smart Devices Business Group (PCSD), including PCs, tablets, augmented and virtual reality (AR/VR), and smart devices, and the Mobile Business Group (MBG) for smartphones. The second group is the Data Center Business Group (DCG), which includes servers, storage, networking, software and services, and thirdly the Lenovo Capital and Incubator Group (LCIG) which drives innovation through investments in startups
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 54,000 employees globally.