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AI PCs Drive Lenovo’s Revenue Growth to USD 17.9 Billion


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Summary


  • Lenovo’s quarterly profit surged 44% year-over-year, driven by strong sales of AI-related products.

  • AI PCs accounted for 14% of Lenovo’s notebook shipments in China last quarter, showing rapid growth.

  • The company’s revenue rose 24% to USD 17.9 billion, with non-PC revenue nearing 50% of the total.

 

Lenovo Group reported a 44% increase in net profit for the second fiscal quarter, amounting to USD 359 million. The profit boost was largely attributed to a surge in sales of artificial intelligence-related products, including AI-powered personal computers (PCs). Total revenue grew by 24% year-over-year to USD 17.9 billion, marking a significant recovery for the world’s largest PC maker.

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