Corporate News

May

30

Lenovo ranks Eighth in the Gartner Supply Chain Top 25 for 2023

Lenovo has once again been named in the Gartner Supply Chain Top 25 for 2023, ranking eighth in this list of global companies with supply chains.

May

24

Lenovo Delivers Stable Profitability in Year of Accelerating Transformation

Lenovo Group (HKSE: 992) (ADR: LNVGY) today announced full-year results, reporting Group revenue of US$62 billion and net income of US$1.6 billion. Profitability was stable with gross margin and operating margin both delivering 18-year highs. Solutions and Services Group (SSG) and Infrastructure Solutions Group (ISG) growing revenue to record highs of US$6.7 billion and US$9.8 billion respectively, up 22% and 37% year-on-year.

Feb

17

Lenovo Delivers Solid Results as Diversified Growth Engines and Operational Excellence Drive Profitability

Lenovo Group (HKSE: 992) (ADR: LNVGY) announced third quarter results, reporting Group revenue of US$15.3 billion and net income of US$437 million. Group revenue from non PC businesses reached a high of 41% and profitability remained solid as Lenovo’s diversified growth engines of Solutions and Services Group (SSG) and Infrastructure Solutions Group (ISG) grew revenue to record highs of US$1.8 billion and US$2.9 billion respectively, up 23% and 48% year-on-year.