Financial Performance - Lenovo Group achieved a record fiscal Q1 revenue of $18.8 billion, a 22% year-over-year increase[5] - Net income (HKFRS) reached $505 million, showing a significant 108% year-over-year growth[5] - Non-HKFRS net income was $389 million, a 22% year-over-year increase[5] - The company's cash and cash equivalents stood at $4.5 billion, up 15% year-over-year[37] Business Group Performance - Intelligent Devices Group (IDG) revenue was $13.5 billion, up 18% year-over-year, with an operating margin of 7.1%[9] - Infrastructure Solutions Group (ISG) revenue reached $4.3 billion, a 36% year-over-year increase[14] - Solutions & Services Group (SSG) achieved a record-high revenue of $2.3 billion, a 20% year-over-year increase, with an operating margin of 22.2%[20] Growth Drivers and Investments - R&D investment increased by 10% year-over-year to $524 million in Q1 FY25/26[40] - AI infrastructure revenue more than doubled year-over-year, indicating strong growth in this area[14] - Managed Services revenue within SSG grew by 36% year-over-year[20] Market Share and Geographic Performance - PC market share reached a record high of 24.6%, securing the 1 position in the global Windows AI PC market[9] - Smartphone revenue increased by 14% year-over-year, with a 51% market share in foldables outside of China[9] - China business revenue within ISG experienced hypergrowth year-over-year, with significant operating margin improvement[14]

Partnership & Technology - AscendEX partners with Magne_Ai to develop a Web3-oriented AI smartphone [1] - The smartphone focuses on secure asset management, on-device AI, and decentralized infrastructure participation [1] - The device combines hardware-level wallet protection, embedded AI compute, and an open Layer 2 blockchain ecosystem [1] Strategic Goals - The partnership aims to redefine secure, decentralized technology [1] - The collaboration seeks to empower users with cutting-edge innovation [1]