Lenovo Group Ltd

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Lenovo Group Ltd. is an investment holding company, which engages in the development, manufacture and marketing of technology products and services. It operates through the following segments: Solutions and Services Group, Intelligent Devices Group, and Infrastructure Solutions Group. Its products include personal computers, workstations, servers, storage, smart televisions, and mobile products such as smartphones, tablets, and applications. The company was founded in 1984 and is headquartered in Hong Kong.

VMware

LAS VEGAS--(BUSINESS WIRE)-- #HPC--Lenovo and VMware joint innovation labs deliver ready-to-go, hybrid multi-cloud solutions to commercial mid-market and enterprise.

Lenovo and VMware Expand Partnership to Bring New NVIDIA-Powered Turnkey Generative AI and Multi-Cloud Solutions to Every Business

Lenovo Group Limited (OTCPK:LNVGY) Q1 2024 Earnings Conference Call August 17, 2023 3:00 AM ET Company Participants Jenny Lai - Vice President of Investor Relations Yang Yuanqing - Chairman and Chief Executive Officer Wai Ming Wong - Executive Vice President and Chief Financial Officer Luca Rossi - Executive Vice President and President of Intelligent Devices Group Kirk Skaugen - Executive Vice President and President of Infrastructure Solutions Group Ken Wong - Executive Vice President and President of Solutions and Services Group Jenny Lai Good morning, good afternoon and good evening. Welcome to Lenovo's Investor Earnings Webcast.

Lenovo Group Limited (LNVGY) Q1 2024 Earnings Call Transcript

Lenovo Group, the Chinese multinational technology giant, reported a significant 24% drop in revenue in the last quarter, reflecting the ongoing post-Covid slump in global personal computer sales. This marks the fourth consecutive quarter of declining sales for the world's largest PC manufacturer.

Lenovo posts dismal revenues and profit margins in first quarter

HONG KONG--(BUSINESS WIRE)--Lenovo Group (HKSE: 992) (ADR: LNVGY) today announced first quarter results, reporting Group revenue of US$12.9 billion and net income of US$191 million on a non-Hong Kong Financial Reporting Standards (HKFRS)[1] basis. Revenue from the non-PC businesses accounted for 41% of Group revenue, with the service-led business achieving strong growth and sustained profitability – further demonstrating the effectiveness of Lenovo's intelligent transformation strategy. The Gro.

Lenovo Group: First Quarter Results 2023/24

PORTLAND, Ore.--(BUSINESS WIRE)-- #firmware--Eclypsium launches ThinkShield Firmware Defense with Lenovo to support digital supply chain security.

Eclypsium Collaborates with Lenovo on Digital Supply Chain Assurance

RESEARCH TRIANGLE PARK, N.C.--(BUSINESS WIRE)--During Lenovo's Back to School Sale, customers can shop for the top technology products at low prices. Students and educators need the best tech as they return to school, and beginning on July 31 and running through August 20, Lenovo is offering doorbuster deals, and huge discounts on laptops, tablets, monitors, and accessories, exclusively at lenovo.com. The sale will feature My Lenovo Rewards member deals, deep discounts on Legion products, and T.

Lenovo's Back to School Sale – Big Savings, No Matter How You Tech

RESEARCH TRIANGLE PARK, N.C.--(BUSINESS WIRE)-- #HPC--Lenovo announces next wave of data management innovation with new ThinkSystem Enterprise Storage Arrays.

Lenovo Unveils New Data Management Solutions to Enable AI Workloads

LONDON--(BUSINESS WIRE)--Lenovo today announced that the UK High Court has declared Lenovo undoubtedly the overall winner in ongoing litigation with InterDigital regarding license rates for 3G, 4G, and 5G patents. The Court is requiring InterDigital to pay the bulk of Lenovo's legal costs for the FRAND (Fair, Reasonable and Non-discriminatory) case. Today's judgment further reinforces Lenovo's continued commitment as a willing licensee and validates the license rate Lenovo advocated for in liti.

Lenovo Declared "Overall Winner" in InterDigital FRAND Case

RESEARCH TRIANGLE PARK, N.C.--(BUSINESS WIRE)--Today, Lenovo (HKSE: 992) (ADR: LNVGY) published its 17th annual Environmental, Social and Governance (ESG) Report, further demonstrating its commitment to being a responsible corporation around the world with a focus on building a sustainable planet, promoting inclusion, and closing the digital divide. In the new report, the global technology powerhouse reported its increased investment in solar energy, tripling generation since FY 2018/19 driven.

Lenovo Announces FY 2022/23 ESG Report: 3X Generation of Solar Energy and 16M+ lives benefitted through philanthropy

RALEIGH, N.C.--(BUSINESS WIRE)--Lenovo today announced the North American edition of Work For Humankind, a bold initiative that uses technology for volunteers to make a positive, long-lasting difference while working from remote, tech-enabled locations. The Work for Humankind Research Report found that nearly 90% of U.S. respondents find giving back to the community vital when “Working from Anywhere.” Work For Humankind North America extends the legacy started on Robinson Crusoe Island, allowin.

Work For Humankind North America: Lenovo Brings its Global Service Project to North America in Partnership with Conservation Group BirdLife International

BUDAPEST, Hungary--(BUSINESS WIRE)--Lenovo (HKSE: 992) (ADR: LNVGY) has reached the milestone of manufacturing and shipping one million workstations and servers from its first purpose built in-house manufacturing facility in Europe, just over one year after it opened its doors in Budapest, Hungary. After 10 months of construction during the pandemic, the facility opened in June 2022 to support customers throughout Europe, the Middle East, and Africa (EMEA) with their requirements for server inf.

Lenovo Ships One Million Units from Its First European In-House Manufacturing Facility in Hungary

RESEARCH TRIANGLE PARK, N.C.--(BUSINESS WIRE)-- #HPC--Expanded AI-ready portfolio includes new Lenovo ThinkEdge and ThinkSystem platforms purpose-built for enabling AI workloads.

Lenovo Grows AI Infrastructure Revenue to Over US$2 Billion and Brings AI to the Data with Industry's Most Comprehensive Portfolio

HONG KONG--(BUSINESS WIRE)--A global annual survey of Chief Information Officers (CIOs) by Lenovo reveals that despite economic headwinds and IT budget challenges, the world's CIOs are bullish about the power of technology to deliver value for their organizations. Despite their optimism, the risks are real, as 83% are concerned that there will be insufficient budgets to properly invest in innovation and digital transformation, and almost half (48%) say they are “extremely” or “very” concerned.

Innovation at Any Cost? Lenovo Study Reveals CIO Commitment and Concerns Around Technology Innovation

RALEIGH, N.C.--(BUSINESS WIRE)--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. The Gartner Supply Chain Top 25 identifies, celebrates and profiles supply chain excellence on a global scale, and by target region and industry. Now in its 19th year, the global ranking is a peer benchmark for chief supply chain officers (CSCO) and their teams, inspiring innovation and leadership. The Supply Chain Top.

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

SANTA CLARA, Calif.--(BUSINESS WIRE)--Today, ahead of AWE USA 2023, Lenovo announced the new ThinkReality™ VRX all-in-one virtual reality (VR) headset engineered for the enterprise is now available for purchase in select markets worldwide. The immersive, comfortable, slim profile, six-degrees-of-freedom (6DoF) VR solution is powered by the Snapdragon® XR2+ Gen 1 processor and provides full-color, high-resolution pass-through capabilities for mixed reality applications. The ThinkReality VRX is a.

Lenovo ThinkReality VRX is Now Available in Select Markets Worldwide

Global personal computer demand continued to slump and revenues fell for a third consecutive quarter but China's PC maker Lenovo is not worried.

China's Lenovo shrugs off concerns that global PC market is shrinking

Lenovo Group Limited (OTCPK:LNVGY) Q4 2023 Earnings Conference Call May 24, 2023 5:30 AM ET Company Participants Jenny Lai - Vice President of Investor Relations Yang Yuanqing - Chairman and Chief Executive Officer Wong Wai Ming - Executive Vice President and Chief Financial Officer Ken Wong - Executive Vice President and President of Solutions and Services Group Kirk Skaugen - Executive Vice President and President of Infrastructure Solutions Group Luca Rossi - Executive Vice President and President of Intelligent Devices Group Sergio Buniac - Senior Vice President of Mobile Business Group and President of Motorola Conference Call Participants Tony Zhang - CLSA Edison Lee - Jefferies LLC Jenny Lai Good afternoon, ladies and gentlemen. Welcome to Lenovo 2022 to 2023 Annual Results Investor Presentation.

Lenovo Group Limited (LNVGY) Q4 2023 Earnings Call Transcript

HONG KONG--(BUSINESS WIRE)--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, or US$1.9 billion on a non-Hong Kong Financial Reporting Standards (HKFRS) [1] basis. Profitability was stable with gross margin and operating margin both delivering 18-year highs and non-HKFRS net margin flat year-to-year. While Group revenue was impacted due to the softness in the device market, revenue from non-PC busi.

Lenovo Group: Full Year Financial Results 2022/23

RESEARCH TRIANGLE PARK, N.C.--(BUSINESS WIRE)--Lenovo's highly anticipated Memorial Day Sale includes select PCs and electronics more than 75% off, and features select ThinkPad laptops with some of the lowest prices ever offered at lenovo.com. The two-week sale, beginning May 22, includes deep discounts on laptops, gaming PCs, tablets, monitors and accessories. Shoppers will find laptops starting at under $300 which includes up to 55% off on Yoga laptops and Legion gaming computers up to $300 o.

More than 75% Off During Lenovo's Memorial Day Sale

RESEARCH TRIANGLE PARK, N.C.--(BUSINESS WIRE)--Lenovo's highly anticipated Victoria Day Sale includes select PCs and electronics at more than 75% off, and features select ThinkPad laptops with some of the lowest prices ever offered at lenovo.com. The two-week sale, beginning May 22, includes deep discounts on laptops, gaming PCs, tablets, monitors and accessories. Shoppers will find laptops starting at under $400 which includes up to 55% off on Yoga laptops and Legion gaming computers up to $30.

More than 75% Off During Lenovo's Victoria Day Sale

COSTA MESA, Calif.--(BUSINESS WIRE)-- #qsys--Q-SYS is pleased to announce its collaboration with Lenovo to provide a seamless way to purchase and deploy high-impact spaces by bundling Lenovo room compute solutions with Q-SYS audio, video and control. This will be available through Q-SYS channels and partners to better serve the needs of the UC market. “Lenovo is an ideal partner for Q-SYS as they deliver an advanced compute solution for the major UC vendors,” says Jason Moss, Vice President, Corporate.

Q-SYS and Lenovo Collaborate to Deliver Complete UC Solutions

RALEIGH, N.C.--(BUSINESS WIRE)--At a time when companies are struggling to find customized technologies to address their unique business requirements, Lenovo Solutions and Services Group (SSG) is launching Digital Workplace Solutions (DWS), a new managed services portfolio of intelligent tools and systems. DWS delivers work-related technology, security, efficiency, and employee satisfaction so that executives can deliver on key performance outcomes. According to recent research commissioned by.

Answering Evolving Work Trends: Lenovo Launches Digital Workplace Solutions to Boost Employee Experience and Increase Productivity

RALEIGH, N.C.--(BUSINESS WIRE)--At a time when companies are struggling to find customized technologies to address their unique business requirements, Lenovo Solutions and Services Group (SSG) is launching Digital Workplace Solutions (DWS), a new managed services portfolio of intelligent tools and systems. DWS delivers work-related technology, security, efficiency, and employee satisfaction so that executives can deliver on key performance outcomes. According to the latest business research by.

Answering Evolving Work Trends: Lenovo Unleashes Digital Workplace Solutions to Boost Employee Experience and Increase Productivity

FORT MILL, S.C.--(BUSINESS WIRE)--Compucom, a leading IT managed services and technologies provider, announced a series of partner awards at its annual conference. Lenovo earned Compucom's Top Partner Award for 2023, as HPE, AMD, Intel, Apple, Dell, Cisco and HPI also received specific awards of distinction. “Everything we do is to benefit our enterprise customers and provide their employees the best possible services and products so they will thrive in today's hybrid digital workplace experien.

Compucom Honors Lenovo as 2023 Top Partner of the Year

Apple

Dell Technologies

PC shipments have been declining over the past few quarters, impacting players like Lenovo Group (LNVGY), HP Inc. (HPQ), Dell Technologies (DELL) and Apple (AAPL).

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