The world’s largest PC maker reported better-than-expected quarterly earnings boosted by its bet on the fast-growing use of artificial intelligence.
The PC maker’s chief executive said Chinese startup DeepSeek’s breakthrough is “very positive” for the industry and in particular for Lenovo.
The DeepSeek revolution is rippling through China’s tech sector, as hundreds of companies adopt the buzzy AI model in their own products. The Hang Seng Tech Index, which tracks technology companies listed in the Chinese city of Hong Kong,
Chinese PC company Lenovo Group Ltd (OTC: LNVGY) reported fiscal third-quarter revenue growth of 20% year-on-year to $18.796 billion, beating the analyst consensus estimate of $15.58 billion. This marked the highest quarterly sales in the past three years and the second highest in the Group’s history.
Lenovo’s vision of ‘Smarter AI for All’ is shaping the future of technology. New AI-driven devices like the ThinkBook Plus Gen 6 Rollable and ThinkPad X9 Aura Edition are redefining productivity
Lenovo had a breakout third quarter, setting records for infrastructure sales and extending its commanding lead of global PC sales while keeping profitability high.
The world’s largest PC maker reported better-than-expected quarterly earnings, with device sales strong, boosted by its bet on the fast-growing use of artificial intelligence.
NORTHAMPTON, MA / ACCESS Newswire / February 25, 2025 / As artificial intelligence revolutionizes industries, its intersection with energy consumption and climate impact has become an important conversation.
Strategic investments in AI and innovation were emphasized, including the launch of products like the world's first rollable AI laptop and gaming devices capable of running Windows or Steam OS. AI capabilities are seen as a critical driver for both personal and enterprise sectors.
In the hybrid work era, technology has a key role in producing happier and more productive employees. To be the best at their jobs, people need relationships in the workplace. Employees who feel comfortable taking work challenges to peers or problem solving in tandem are more likely to excel in their work.
As artificial intelligence revolutionizes industries, its intersection with energy consumption and climate impact has become an important conversation.
The DeepSeek revolution is rippling through China’s tech sector, as hundreds of companies adopt the buzzy AI model in their own products. The AI—open-source, powerful, and relatively cheap—upended pessimistic narratives about China’s tech sector.