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Lenovo Q2 Earnings: Cloud Momentum, AI PCs, And Smartphone Growth Drive Revenue Beat
On Thursday, Chinese PC company Lenovo Group Ltd (OTC: LNVGY) reported a fiscal second-quarter revenue growth of 24% year-on-year to $17.85 billion, beating the analyst consensus estimate of $16.34 billion.
Lenovo Q2 revenue jumps 24% on premium PC sales, AI push
Lenovo posted a 24 per cent revenue rise in its fiscal second quarter from a year earlier, spurred partly by sales growth for computers that can handle artificial intelligence workloads as the global personal computer industry showed signs of recovery.
Lenovo Builds on AI Momentum With Earnings Beat
The PC maker’s earnings grew faster than expected, as Lenovo began to reap benefits from its bets on artificial intelligence.
PC maker Lenovo posts 24% revenue jump, tops estimates
Lenovo Group Ltd posted a 24% rise in revenue in its fiscal second quarter from a year earlier, as the global personal computer industry showed signs of recovery. The Chinese technology company reported revenue of $17.
14h
Lenovo China clones the ThinkPad X1 Carbon with an old, slow, local x86
The Zhaoxin KX-6000G chip powering the laptop offers just four cores and runs four threads. While Lenovo has apparently ...
15h
on MSN
Lenovo plans global factory expansion as Q2 results beat; eyes AI growth
Lenovo Group Ltd posted a 22% rise in revenue in its fiscal second quarter from a year earlier, as the global personal ...
4h
Lenovo to expand global factory footprint as AI lifts sales in second quarter
The world’s largest PC maker is planning more plants outside China amid threats from US president-elect Trump to impose 60 ...
Gulfbusiness.com on MSN
5h
Lenovo, world’s largest PC maker, to launch factory in Saudi Arabia
The company plans to open facilities in Saudi Arabia following a major investment deal with the kingdom's Public Investment ...
1h
Lenovo Revenues Surge, PC Sales Expected to Grow Faster
Lenovo reported that PC sales grew only 3 percent in the most recent quarter, but the company now sees double-digit growth in ...
18h
Lenovo Group: Second Quarter Financial Results 2024/25
Lenovo Group Limited (HKSE: 992) (ADR: LNVGY), together with its subsidiaries (‘the Group’), today announced Q2 results for ...
11h
Lenovo Sees AI-Enabled PCs Dominating Its Stable -- Interview
Lenovo Group, the world's largest maker of personal computers, aims to have AI-enabled PCs account for about three-quarters of its shipments within three years, a target it hopes will consolidate its ...
Forbes India
12h
Tech5: Hyundai's first non-Korean CEO, Lenovo's expansion outside China, Infosys Prize and more
Munoz will succeed Jaehoon Chang, who is being promoted to vice chairman of the auto group, Hyundai said in a press release ...
10h
on MSN
Lenovo plans global factory expansion as Q2 results beat expectations
To further diversify its supply chain and plans to open more manufacturing facilities outside China amid global geopolitical ...
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