On the afternoon of August 13, Lenovo Group disclosed its results for the first fiscal quarter of the 2026/27 fiscal year. In the first fiscal quarter, Lenovo Group's AI-related business revenue increased 60% year-on-year to 63.4 billion yuan, accounting for about 35% of the Group's overall revenue. At the same time, Lenovo Group's R&D investment increased sharply by 30% over the same period last year. The company said that Lenovo Group's hybrid AI strategy has begun to enter the value realization phase. The Lenovo Group anticipates that this fiscal year's revenue is expected to exceed 100 billion US dollars, thereby fulfilling the previously proposed promise of “more than 100 billion US dollars in revenue within two years” ahead of schedule.
Zhitongcaijing · 3d ago
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On the afternoon of August 13, Lenovo Group disclosed its results for the first fiscal quarter of the 2026/27 fiscal year. In the first fiscal quarter, Lenovo Group's AI-related business revenue increased 60% year-on-year to 63.4 billion yuan, accounting for about 35% of the Group's overall revenue. At the same time, Lenovo Group's R&D investment increased sharply by 30% over the same period last year. The company said that Lenovo Group's hybrid AI strategy has begun to enter the value realization phase. The Lenovo Group anticipates that this fiscal year's revenue is expected to exceed 100 billion US dollars, thereby fulfilling the previously proposed promise of “more than 100 billion US dollars in revenue within two years” ahead of schedule.
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