Intelligence is key for Lenovo

Source: Xinhua | 2018-04-19

GLOBAL personal computer giant Lenovo Group eyes selling new-type smart devices worth US$1 billion in the new financial year.

Lenovo will make “intelligence” its new brand label as the company keeps connecting their products with data, services and users, Yang Yuanqing, the company’s chairman and CEO, said at the “Lenovo FY2018 China Kickoff” on Tuesday.

The company expects more progress to be made in PC, mobile services, data centers and artificial intelligence in the new financial year.

Software and other services revenues are expected to reach US$2 billion this year, while the market penetration rate of Lenovo’s PC value-added services could gain 1 percentage point.

Meanwhile, Lenovo hopes that revenue of its super-scale data center business will reach US$1.5 billion and that clients of its vertical industry intelligent solutions will increase by more than three times.