智通财经网·2025-11-25 09:17Core Insights - Lenovo Group reported record-high revenue and profit, exceeding market expectations, with AI business as the main growth driver in Q2 2026 [1] Business Segments Intelligent Devices Group (IDG) - IDG revenue increased by 11.8% year-on-year to $15.11 billion, with an operating profit margin of 7.3% [2] - Lenovo achieved a historical high global PC market share of 25.6%, up 1.8 percentage points year-on-year [2] - Smartphone activations reached a new high, particularly strong performance in the Asia-Pacific region, with significant growth in high-end models and Moto G series in India [2] Infrastructure Solutions Group (ISG) - ISG revenue surged by 23.7% year-on-year to $4.09 billion, despite an operating loss of $120 million [2] - AI infrastructure business became a core growth engine, driven by cloud and enterprise infrastructure [2] - Local product advantages and ODM+ model optimization led to steady improvement in operating profit margin in the Chinese market [2] Solutions and Services Group (SSG) - SSG revenue grew by 18.1% to $2.56 billion, achieving a historical high with an operating profit margin of 22.3% [3] - Operations and project solutions accounted for 58.9% of revenue, with TruScale subscription service orders experiencing triple-digit year-on-year growth [3] - Demand for digital workplace solutions and hybrid cloud services remains strong, aligning with market trends [3] AI Strategy and Adjustments - The company's AI strategy focuses on human and enterprise-centric development, creating growth opportunities for various AI terminal devices and hybrid infrastructure [3] - Plans to launch a personal super-intelligent entity at the Lenovo Innovation Technology Conference in January, aimed at enhancing user experience [3] - Shift in enterprise AI computing focus from public cloud training to local data centers and edge-side inference [3] Supply Chain Management - Lenovo is prepared for ongoing storage supply shortages and price increases, having secured long-term agreements with key component suppliers [4] - As a major buyer in the industry, Lenovo has cost advantages and plans to pass on cost pressures through product launches and pricing adjustments [4] - Strong supply chain capabilities may allow Lenovo to capture more market share despite ongoing price fluctuations [4]