Core Viewpoint - Lenovo Group's recent financial results indicate strong growth across various business segments, with a notable increase in AI-related revenue, reflecting the company's confidence in the ongoing demand for AI technologies and solutions [1][2]. Financial Performance - Lenovo reported a 15% year-on-year revenue growth for the second quarter, reaching 146.4 billion yuan, with adjusted net profit increasing by 25% to 3.66 billion yuan [1]. - The Intelligent Devices Group (IDG) generated 108.1 billion yuan in revenue, up 12% year-on-year; the Infrastructure Solutions Group (ISG) saw a 24% increase to approximately 29.3 billion yuan; and the Solutions and Services Group (SSG) achieved 18% growth, totaling 18.3 billion yuan [1]. AI Business Insights - AI-related business revenue now accounts for 30% of total revenue, with AI terminal devices contributing 36% to IDG's overall revenue, marking a 17 percentage point increase year-on-year [1]. - The CEO emphasized that AI encompasses more than just large language models, highlighting its applications in computer vision, autonomous driving, and industrial automation, suggesting that the AI sector is in its early stages of widespread adoption [2][3]. Market Trends and Challenges - The CEO addressed the ongoing price increases in storage chips due to supply-demand imbalances driven by AI technology advancements, indicating that this trend may persist into next year [3]. - Lenovo's robust supply chain management and long-term supplier relationships are expected to mitigate the impact of cost fluctuations on profit margins, with a focus on maintaining double-digit growth in gross and net margins [3]. Windows 10 Update Impact - The transition from Windows 10 is not expected to significantly hinder the PC market, as the upgrade cycle is still ongoing, with AI PCs becoming a central driver of market demand [4][5]. - Lenovo anticipates a 5%-10% growth in the global PC market by 2026, supported by the end of the Windows 10 update cycle and the rise of AI PCs [5]. Strategic Initiatives - Lenovo is accelerating its investment in enterprise-level AI infrastructure, aiming to shift AI computing from public cloud training to local data centers and edge-side inference [5]. - The company plans to leverage hybrid AI solutions and customized services to facilitate the intelligent transformation of enterprise clients, which is expected to open new market opportunities and restore profitability in its infrastructure business [5].

根据联想集团2025/26财年第二季度财报，集团当季营收同比增长15%至1464亿元人民币，创下季度历 史新高；调整后净利润同比增长25%，达36.6亿元人民币。首次披露AI相关业务收入情况，在总营收中 占比提升至30%。 具体来看，IDG智能设备业务营收1081亿元人民币，同比增长12%，其中个人电脑市场份额历史上首次 超过25%；ISG基础设施方案业务集团实现营收约293亿元人民币，同比提升24%；SSG解决方案与服务 业务集团营收同比提升18%。 编辑 杨娟娟 校对 穆祥桐 新京报贝壳财经讯（记者韦博雅）11月20日，在联想集团2025/26财年第二财季业绩发布会上，针对近 期存储芯片市场供需失衡导致的成本压力，集团董事长兼CEO杨元庆表示，AI技术的快速发展已推动 全球对内存、闪存及固态硬盘等关键零部件的需求激增，短期内价格波动难以避免。 杨元庆表示，联想与核心供应商建立了长期稳定的合作关系。通过提前锁定产能、签署长期协议，确保 未来1-2个季度乃至更长时间内的关键零部件供应安全，并有效控制成本波动对利润的影响。 关于Windows 10系统更新逐步停止对PC市场的影响，杨元庆透露，基于Windows ...

"顺应人工智能普及普惠的潮流，凭借清晰的战略、卓越的运营和不懈的创新，联想在第二财季再次取 得了创纪录的业绩，并在个人智能和企业智能两条战线都进展喜人。"联想集团董事长兼CEO杨元庆指 出，"我们将继续利用'全球资源、本地交付'模式的独特优势来应对不确定性的挑战，把握混合式人工 智能所带来的巨大发展机遇，为股东创造长期可持续的回报，并实现千人千面、千企千样的智能。" 其中，IDG智能设备业务集团营收1081亿元人民币，同比增长12%；ISG基础设施方案业务集团实现营 收约293亿元人民币，同比提升24%；SSG解决方案与服务业务集团营收同比增长近20%。 新浪科技讯 11月20日上午消息，联想集团公布截至2025年9月30日的2025/26财年第二财季业绩：当季营 收同比增长15%至1464亿元人民币，创下财季历史新高。经调整后的净利润同比增长25%，达36.6亿元 人民币。 ...