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.

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InterDigital

China's Lenovo Group Ltd must pay U.S. technology firm InterDigital Inc $138.7 million for a licence for its portfolio of telecommunications patents, London's High Court ruled on Thursday in the latest round of a long-running dispute.

Lenovo must pay $138.7 mln for InterDigital patents - London court

LONDON--(BUSINESS WIRE)--Lenovo today announced that the UK High Court has ruled in Lenovo's favor in the ongoing litigation with InterDigital regarding license rates for 3G, 4G, and 5G patents. This judgement reinforces the company's continued commitment as a willing licensee and validates the license rate Lenovo advocated for. This is a landmark decision of a Court establishing a modern global FRAND (Fair, Reasonable, and Non-discriminatory) rate for Standard Essential Patents (SEP).

UK High Court recognizes Lenovo as willing licensee in landmark FRAND case

RESEARCH TRIANGLE PARK, N.C.--(BUSINESS WIRE)-- #HPC--Lenovo ranked the #1 worldwide storage solutions vendor and delivers new Lenovo ThinkSystem DM Series Storage.

Lenovo Storage Innovation and Channel-Centric Strategy Drives Record Growth and Infrastructure Leadership

MORRISVILLE, N.C.--(BUSINESS WIRE)--Lenovo launches the ThinkStation PX, P7 and P5, the most technologically advanced trio of desktop workstations the company has ever built.

Lenovo Delivers Extraordinary Levels of Performance, Power and Speed with the Launch of the ThinkStation PX, P7 and P5

RESEARCH TRIANGLE PARK, N.C. & BARCELONA, Spain--(BUSINESS WIRE)-- #HPC--Lenovo launches next generation of ThinkEdge software solutions and a new range of support services to accelerate the deployment of edge solutions.

Lenovo Ushers in New Era of Edge Automation at Scale

BARCELONA, Spain--(BUSINESS WIRE)--Today at MWC™ 2023, Lenovo unveiled its latest PC and Chromebook solutions to help embrace dispersed hybrid working styles and provide advanced features that empower users across a broad selection of needs.

Accelerate Digital Transformation in a Hybrid World with Latest Lenovo PC Solutions

LONDON--(BUSINESS WIRE)--To explore the adoption of technology driving intelligent transformation, Lenovo today launched the first edition of the global Intelligent Transformation Index, which benchmarks adoption rates of transformative digital technologies across markets and industries. The report is written by Economist Impact and commissioned by Lenovo.

Inaugural Lenovo Intelligent Transformation Index finds the biggest barrier to digital transformation across all industries is the lack of a skilled labor force

BE'ER SHEVA, Israel--(BUSINESS WIRE)--Today, Lenovo™ (HKSE: 992) (ADR: LNVGY) established the Lenovo Cybersecurity Innovation Center (LCIC) in cooperation with Ben-Gurion University of the Negev, a leading Israel-based cybersecurity research institution. The center will focus on zero-trust architecture innovation in hardware and below-OS security, as well as serve as a hub for the development of next-generation security solutions.

Lenovo Cybersecurity Innovation Center Established in Cooperation with Cyber Security Research Center of Ben-Gurion University of the Negev

Lenovo Group Ltd shares stumbled Friday after the Chinese technology company posted its first profit decline in three years.  The personal computer maker posted fiscal third-quarter (ended December 31) revenue that fell 24% to $15.3 billion, its largest year-over-year dip in 14 years.

Lenovo may join its peers in making mass layoffs after disappointing fiscal 3Q results; shares fall

Lenovo Group Limited (OTCPK:LNVGY) Q3 2023 Earnings Conference Call February 17, 2023 1:00 AM ET Company Participants Jenny Lai - Vice President-Investor Relations Yang Yuanqing - Chairman & Chief Executive Officer Wong Wai Ming - Chief Financial Officer Ken Wong - President-Solutions & Services Group Kirk Skaugen - President-Infrastructure Solutions Group Luca Rossi - President-Intelligent Devices Group Sergio Buniac - President-Mobile Business Group & President-Motorola Conference Call Participants Jenny Lai Good morning, good afternoon and good evening. Welcome to Lenovo's Investor Earnings Webcast.

Lenovo Group Limited (LNVGY) Q3 2023 Earnings Call Transcript

China's Lenovo Group reported a 24% revenue decline for the third quarter, its second consecutive decline as global demand for computers and smartphones continued to slump.

China's Lenovo Q3 revenue tumbles 24% as PC demand slumps

HONG KONG--(BUSINESS WIRE)--Lenovo Group (HKSE: 992) (ADR: LNVGY) today announced third quarter results, reporting Group revenue of US$15.3 billion and net income of US$437 million. Group revenue from non-PC businesses reached a high of 41% and profitability remained solid as Lenovo's diversified growth engines of Solutions and Services Group (SSG) and Infrastructure Solutions Group (ISG) grew revenue to record highs of US$1.8 billion and US$2.

Lenovo Group: Third Quarter Results 2022/23

RESEARCH TRIANGLE PARK, N.C.--(BUSINESS WIRE)--Today, Lenovo (HKSE: 992) (ADR: LNVGY) and WEKA announced a new global agreement focused on offering solutions for next-generation data management architectures and performance-intensive workloads for delivery in more than 160 markets worldwide. These comprehensive solutions will accelerate artificial intelligence (AI) and analytics for high performance workloads, including finance, genomics, life science, media and entertainment applications around the world by speeding time to insights while reducing associated costs.

Lenovo and WEKA Announce Global Collaboration to Accelerate Next-Generation AI and Analytics with New Hybrid Cloud Data Management Solutions

HONG KONG--( BUSINESS WIRE )--Today, Lenovo (HKSE: 992) (ADR: LNVGY) announced its goal to reach net-zero greenhouse gas (GHG) emissions by 2050, validated and approved by the Science Based Targets initiative (SBTi), a partnership between the UN Global Compact, CDP and World Wide Fund for Nature – making it the first PC and smartphone maker and one of only 139 companies in the world with a net-zero target validated by SBTi.

Lenovo Commits to Net-Zero Emissions by 2050, Validated by Science Based Targets initiative

HONG KONG--( BUSINESS WIRE )--At this year's World Economic Forum in Davos, Lenovo's Hefei factory, LCFC, has been recognized as one of 18 additional sites added to the Forum's Global Lighthouse Network of 132 leading manufacturers, each chosen for their leadership and integration of fourth Industrial revolution technologies (4IR).

Lenovo Recognized for Global Manufacturing Leadership at World Economic Forum 2023

RESEARCH TRIANGLE PARK, N.C.--( BUSINESS WIRE )--Today, at the NRF 2023 Retail Conference, Lenovo (HKSE: 992) (ADR: LNVGY) outlined its vision for the future of retail, based on an end-to-end Retail Solutions portfolio spanning hardware, software and services to enhance the shopping experience. Lenovo is showcasing its Scan-n-Go Self-Service Kiosk, as well as new AI, infrastructure, and digital storefront solutions.

Lenovo's Retail Portfolio Delivers End-to-End and Intuitive Customer Experiences

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).

Can the PC Market Bounce Back From Its Multi-Year Lows?

Macroeconomic headwinds, tepid consumer demand for PCs and high inventory levels induces the steepest personal computer shipment decline in years in the fourth quarter, according to Gartner.

PC Shipments Crashes in Q4 on Weak Demand, Macroeconomic Woes

RESEARCH TRIANGLE PARK, N.C.--( BUSINESS WIRE )--Today, Lenovo (HKSE: 992) (ADR: LNVGY) unveiled 25 new ThinkSystem and ThinkAgile server and hyperconverged solutions powered by Intel's 4th Generation Xeon Scalable Processors as part of its recently announced Infrastructure Solutions V3 portfolio. Designed to help accelerate global IT modernization for organizations of all sizes, the integrated solutions deliver advanced performance, efficiency and management capabilities specifically optimized for complex workloads, including mission-critical, AI, HPC and containerized applications.

Lenovo Unveils Next Generation of Intel-Based Smart Infrastructure Solutions to Accelerate IT Modernization

You can hold on to your position on Lenovo Group Limited. This company has further rebound potential. Its YTD performance is –29.41%. Focus on Lenovo's AI/cloud computing services and data solutions.

No Worries, Lenovo's Cloud, AI, And Data Center Segments Are Still Growing

RESEARCH TRIANGLE PARK, N.C.--( BUSINESS WIRE )--Lenovo is kicking off Cyber Monday a few days early. This year, shoppers can expect hourly doorbusters, and up to 70% off select Lenovo premier products like the ThinkPad T14, ThinkCentre M80q, and the Legion Slim 7i gaming laptop. One-day offers and special doorbuster deals begin on Saturday, November 26 and continue throughout the weekend exclusively at Lenovo.com.

Cyber Monday Sale Starts this Weekend at Lenovo.com

RESEARCH TRIANGLE PARK, N.C.--( BUSINESS WIRE )--Lenovo is kicking off Cyber Monday a few days early. This year, shoppers can expect hourly doorbusters, and up to 70% off select Lenovo premier products like the ThinkPad T14, ThinkCentre M80q, and the Legion Slim 7i Gaming Laptop. One-day offers and special doorbuster deals begin on Saturday, November 26 and continue throughout the weekend exclusively at Lenovo.com.

Cyber Monday Starts this Week at Lenovo.com

RESEARCH TRIANGLE PARK, N.C.--( BUSINESS WIRE )--Today, Lenovo (HKSE: 992) (ADR: LNVGY) introduced 21 new ThinkSystem and ThinkAgile V3 servers powered by 4th Gen AMD EPYC processors, extending breakthrough performance and industry-leading efficiency to more businesses than ever with its broadest AMD-based smart infrastructure portfolio to date. The solutions, part of Lenovo's recently announced Infrastructure Solutions V3 portfolio, will equip customers of all sizes with the ability to run high-performance computing, artificial intelligence (AI) and traditional workloads across edge and multi-cloud environments smarter, faster and more efficiently.

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