Lenovo sets its sights on AI, says chairman
China DailyThe Lenovo logo is seen in this illustration photo. Lenovo Group will double down on its push into artificial intelligence after it resumes year-on-year revenue growth performance driven by the resilience of core business and the effectiveness of transformation. Lenovo said its diversified growth engines continued to deliver strong performance, with revenue from non-PC businesses accounting for 42 percent of the company's overall revenue, up 1.3 percentage points year-on-year. Yang Yuanqing, chairman and CEO of Lenovo, said "Last quarter, we delivered on our promise and resumed year-on-year revenue growth, driven by both the resilience of our core businesses and the effectiveness of the service-led transformation." Alongside devices, hybrid AI is driving increased demand for hybrid infrastructure and customer demand for AI-native applications, solutions and services such as advisory, design, development and maintenance – fueling growth across multiple customer verticals, Lenovo said.