

Core Insights - Lenovo Group reported a strong performance for the first quarter of the fiscal year 2025/26, with revenue reaching $18.83 billion, a year-on-year increase of 22% [1] - The company achieved a net profit attributable to equity holders of $505 million, marking a significant year-on-year increase of 108% [1] - All three business groups—Infrastructure Solutions Group, Solutions Services Group, and Intelligent Devices Group—experienced robust double-digit year-on-year revenue growth [1] Revenue Growth - The Intelligent Devices Group saw its fastest year-on-year revenue growth in the past 15 quarters, with the personal computer segment achieving a global market share of 24.6%, a record high [1] - The smartphone business has recorded double-digit year-on-year revenue growth for seven consecutive quarters [1] - The Infrastructure Solutions Group experienced strong revenue growth driven by a dual strategy of resilient cloud infrastructure and enterprise infrastructure, with AI server business revenue more than doubling year-on-year [1] Profitability and Efficiency - The operating profit margin for the first quarter was 3.4%, while the net profit margin stood at 2.1%, reflecting continuous improvement in profitability [2] - The company enhanced its product mix and significantly improved its service offerings, leading to increased operational efficiency [2] - Despite facing tariff changes, Lenovo leveraged its global manufacturing capabilities and unique ODM+ model to enhance supply chain resilience and cost-effectiveness [2] Research and Development - R&D investment increased by 10% year-on-year, supporting the development of a hybrid AI strategy and strengthening the company's AI capabilities [2] - Lenovo is executing its AI strategy precisely, seizing unprecedented opportunities in the AI sector, and working towards its vision of "Intelligence for Every Possibility" [2] Global Market Presence - The company operates in 180 markets globally, achieving balanced growth across regions, with contributions to total revenue ranging from 20% to 33% from Asia-Pacific, China, Europe-Middle East-Africa, and the Americas [2]