Lenovo

Lenovo (HKG: 0992) is a Chinese-American global technology company specializing in designing and manufacturing consumer electronics and smart infrastructure data center solutions. The company generated a revenue of USD 61.9 billion in FY2023.

The company operates across three business segments: Intelligent Devices Group (IDG), which accounts for 75% of total revenue and includes PC, tablet, smartphone, and other smart device businesses. Infrastructure Solutions Group (ISG) provides IT infrastructure solutions globally, and Solutions and Services Group (SSG) provides end-to-end IT solutions through hardware, software, and services. 

The Americas region accounted for ~34% of total revenue in FY2023, followed by EMEA (~25%), China (~24%), and Asia Pacific (~17%). Lenovo's medium-term outlook focuses on (1) scalable growth and profitability in key verticals, hybrid working, and sustainability services through the SSG segment, (2) end-to-end infrastructure solutions in the Enterprise, Small, and Medium Business (ESMB) and Communication Service Provider (CSP) markets through the ISG segment, and (3) maintaining PC market leadership while accelerating non-PC growth through the IDG segment. Lenovo aims to achieve net zero emissions by 2050.