San Francisco, CA – Lenovo Group Limited held its Q4 2024 Earnings Conference Call on May 23, 2024, with top executives discussing the company’s annual results. The call featured executives such as the Chairman and CEO, Vice President of Investor Relations, and other key leaders from various departments.

During the conference call, the company reported strong growth in revenue and profitability, attributing this success to their focus on hybrid AI opportunities. Lenovo highlighted the acceleration of revenue growth across all its business segments, leading to a nearly 10% increase in group revenue year-on-year. The company also mentioned the doubling of net income compared to the previous year.

With a diversified portfolio and a strong emphasis on innovation, Lenovo expressed optimism about the future fiscal year. The executives discussed the performance of each business segment, such as the Solutions and Services Group (SSG), Infrastructure Solutions Group (ISG), and Intelligent Devices Group (IDG), showcasing their achievements and plans for continued growth.

In particular, Lenovo highlighted the growth potential of AI devices and solutions, emphasizing their commitment to leading in the hybrid AI era. The executives also detailed their strategies for increasing customer demand, expanding services, and driving profitability across all business groups.

As Lenovo enters its 40th year, the company sees AI as a transformative theme for the next decade. With a strong foundation in PC business and a growing presence in non-PC segments, Lenovo aims to establish itself as a key player in the AI industry. The company’s focus on innovation, diversification, and customer-centric solutions reflects its vision for sustainable growth and success in the future.