Lenovo Group Limited , together with its subsidiaries on November 15 announced Q2 results for fiscal year 2024/25, reporting significant increases and growth in net income, year-on-year revenue growth for the 4th consecutive quarter, and strong double-digit year-on-year revenue increases from all its business groups.
The Group’s hybrid AI strategy and years of continuous investment in R&D and innovations are paying off, with its first phase of AI PCs, launched in China in May 2024, already reaching double digit share of its total notebook shipments in the China market. Recent launches of have also been received positively. For enterprise AI, the Group is leveraging its full-stack hybrid infrastructure as well as to capture growth opportunities.
The PC business expanded its market leadership to almost 24% market share, widening the lead to the number two player to four points and with AI PCs reaching double digit share of total notebook shipments for the Group in the China market. It will continue to build differentiation with its industry-leading liquid cooling technology to meet the increasing performance and energy efficiency demands of AI workloads.