Core Insights - The article emphasizes that the Chinese smart terminal market is entering an AI-native era, where AI will reshape core values and interaction methods of terminals, driving deep innovation in ecosystems, scenarios, and categories, thus becoming a core engine for economic transformation and industrial upgrading [1] Industry Overview - IDC predicts that by 2026, the shipment volume of smart terminals in China will exceed 900 million units, with traditional AI terminal penetration rate expected to surpass 93% by 2027, reflecting a 4% year-on-year growth [2][3] - The transition from demographic dividends to "AI dividends" positions smart terminals as crucial carriers of new productive forces, supported by policies enhancing AI, computing power, and data element layouts [2] Company Positioning - Lenovo has established a strong competitive barrier in the AI terminal sector, leading the global PC market with a shipment of 19.4 million units and a market share of 25.5% in Q3 2025 [3] - Lenovo's AI PC business continues to lead globally, supported by its unique AI-native technology system and strong competitiveness in both consumer and commercial sectors [3] Product Innovations - Lenovo's enterprise-level super intelligent agent, launched in May 2025, has generated revenue of 1.89 billion yuan, supporting over 1 million interactions daily and significantly improving user engagement and order conversion rates [4] - The Tianxi personal super intelligent agent enhances user experience by providing proactive services and seamless collaboration across multiple devices, aligning with the trend of emotional support in human-computer interaction [5] Market Trends - The demand for AI terminals is expected to drive significant growth in the Chinese smart service robot market, projected to grow at a rate of 54% by 2026 [6] - Lenovo's global and localized production strategies are effectively addressing market demands, with significant revenue growth in the Asia-Pacific and Europe-Middle East-Africa regions [6] Future Outlook - IDC highlights that the core competitiveness of AI-native terminals will be defined by natural interaction, diverse forms, and scenario-based solutions, which Lenovo is well-positioned to leverage through its hybrid AI strategy [9] - As the AI-native era accelerates, Lenovo's AI terminal business is expected to continue leading the market, serving as a benchmark for Chinese smart terminal companies expanding globally [9]

Core Insights - The article emphasizes that the Chinese smart terminal market is entering an AI-native era, where AI will reshape core values and interaction methods, driving deep innovation across ecosystems, scenarios, and categories, becoming a key engine for economic transformation and industrial upgrading [1][3]. Industry Trends - IDC predicts that by 2026, the shipment volume of smart terminals in China will exceed 900 million units, with traditional AI terminal penetration expected to surpass 93% by 2027, reflecting a 4% year-on-year growth [3]. - The transition from demographic dividends to "AI dividends" positions smart terminals as crucial carriers of new productive forces [3]. - The integration of AI with cutting-edge technologies like embodied intelligence, quantum technology, and 6G will drive the emergence of new economic models and innovations [3]. Company Performance - Lenovo has established a strong foothold in the AI terminal market, leading the global PC market with a shipment of 19.4 million units in Q3 2025, capturing a market share of 25.5% [4]. - Lenovo's AI PC business continues to lead globally, supported by its unique AI-native technology system and strong competitiveness in both consumer and commercial sectors [4]. Product Innovations - Lenovo's enterprise-level super intelligent agent, launched in May 2025, has generated revenue of 1.89 billion yuan, supporting over 1 million interactions daily and significantly improving user engagement and order conversion rates [5]. - The company is also focusing on emotional interaction, with over 40% of users expecting smart terminals to provide emotional support, shifting from function-oriented to understanding-oriented interactions [7]. Global and Local Strategies - Lenovo's global strategy includes a distributed manufacturing network across 11 countries, enhancing local delivery and reducing trade barriers, which has led to significant revenue growth in overseas markets [9]. - The company is exploring new terminal forms and vertical scenarios, such as AI notebooks and personalized learning agents, to capture growth in the education sector [10]. Supply Chain and Efficiency - Lenovo's AI-driven supply chain management has improved initial failure rates by 45% over five years, showcasing the effectiveness of its innovative quality management practices [12]. - The integration of AI across the entire value chain has led to enhanced marketing, sales, and service efficiencies, with significant improvements in customer engagement and service response times [12]. Competitive Landscape - IDC highlights that the core competitiveness of AI-native terminals will be defined by natural interaction, diverse forms, and scenario-based solutions, which Lenovo is addressing through its hybrid AI strategy [13]. - As the AI-native era accelerates, Lenovo's AI terminal business is expected to continue leading the market, setting a benchmark for Chinese smart terminal companies on a global scale [13].

Core Viewpoint - Lenovo Group has entered the "value realization period" of artificial intelligence (AI), showcasing nearly 200 cutting-edge AI technologies and hybrid AI products during its 2025 Innovation Open Day, emphasizing its comprehensive layout and practical achievements in the AI field [4][29]. Group 1: Personal AI Applications - Lenovo's personal AI applications are designed to reshape user experiences in work, learning, creation, and entertainment, integrating AI seamlessly into daily life [5][6]. - The X-Engine edge inference engine enhances AI PC user experience, supporting mainstream large models for local operation, achieving a 50% increase in text generation speed, a 35% increase in image generation speed, and a 30% reduction in memory usage, along with a 50% decrease in energy consumption [8]. - Features like AI search, AI notes, and AI control allow users to efficiently retrieve information and automate complex operations using natural language [8]. Group 2: Enterprise AI Solutions - Lenovo presents a complete, deployable, and scalable AI value delivery system, integrating public large models with private deployment, ensuring AI capabilities are delivered in the most suitable manner across various scenarios [11]. - The Lenovo Optimus AI Hub transforms complex AI technologies into ready-to-use product services, significantly lowering the entry barriers and application costs for enterprises, especially small and medium-sized businesses [15]. - The "Lenovo City Super Intelligent Body" demonstrates capabilities in complex urban governance scenarios, showcasing AI's potential in decision-making and autonomous evolution [16]. Group 3: AI Infrastructure - Lenovo showcases a full-stack AI infrastructure solution covering computing, storage, and networking, providing a solid foundation for intelligent transformation across various industries [19]. - The Lenovo Wanquan AI all-in-one machine supports localized large model deployment, achieving a throughput of over 12,000 tokens per second and a performance improvement of 5-10 times [19]. - The infrastructure includes high-performance servers and storage solutions, ensuring high-speed data access and low-latency data transmission for large-scale AI clusters [21]. Group 4: Innovative Device Design - Lenovo continues to innovate in personal computing devices, integrating AI into various scenarios from entertainment to professional work [23]. - The world's first rollable screen AI PC expands from 14 inches to 16.7 inches, providing nearly 50% more screen space, enhancing user experience in vertical applications [23][24]. - The Yoga Solar PC, a solar-powered laptop, offers over 24% energy conversion efficiency and contributes to carbon reduction, catering to outdoor users [25]. Group 5: AI Experience Enhancement - Lenovo has made breakthroughs in enhancing human-computer interaction, with products like Legion Glasses 2 providing immersive 3D experiences and AI functionalities [28]. - The introduction of a naked-eye 3D conference cabin and smart directional sound technology sets new standards for remote collaboration [28]. Conclusion - Lenovo's comprehensive layout in AI, as demonstrated during the Innovation Open Day, indicates its proactive approach in the new era of AI, effectively addressing core pain points in AI implementation and providing scalable solutions for various industries [29].