Zhong Zheng Wang·2025-11-20 05:57Core Insights - Lenovo Group reported a revenue of 146.4 billion yuan for the second fiscal quarter of 2025/2026, marking a 15% year-on-year increase, with adjusted net profit rising by 25% to 3.66 billion yuan [1] - The company achieved double-digit revenue growth across all business segments and regional markets, with the IDG smart devices business generating 108.1 billion yuan, a 12% increase, and capturing over 25% market share in the personal computer sector [1] - AI-related business revenue now accounts for 30% of total revenue, up 13 percentage points year-on-year, indicating AI's transition from a supportive role to a core growth driver for Lenovo [1][2] Business Segment Performance - The ISG infrastructure solutions business saw revenue of 29.3 billion yuan, a 24% increase, with significant growth in AI infrastructure revenue [1] - The SSG solutions and services business experienced nearly 20% year-on-year revenue growth, achieving double-digit growth for the 18th consecutive quarter while maintaining high profit margins [1] - In the personal smart devices sector, Lenovo's AI PC market share reached 31.1%, maintaining the global lead, with AI terminal device revenue rising to 36% of IDG's total revenue, a 17 percentage point increase [2] Strategic Direction - Lenovo's CEO emphasized the company's commitment to leveraging a "global resources, local delivery" model to navigate uncertainties and capitalize on the growth opportunities presented by hybrid AI [3] - The company plans to launch a personal super-intelligent device at the upcoming innovation technology conference in January 2026, enhancing the capabilities of terminal devices [2]