lenovo groupThe world's largest personal computer (PC) maker said it is enhancing various features. artificial intelligence (AI) initiatives include: technologyafter reporting a 3% year-on-year revenue increase in the December quarter.
The Beijing-based technology giant on Thursday said its revenue beat expectations to $15.7 billion, up from $15.2 billion in the same period a year earlier, on the back of a recovery in global demand, compared to analysts' average estimate of $15.4 billion. It was announced that it exceeded the This is to halt a series of declines in the company's quarterly sales starting in the second half of 2022.
Net income attributable to shareholders decreased 23% to US$337 million, down from US$437 million in the same period last year and below the average analyst estimate of US$309 million.
“Looking to the future, we are excited to combine our commitment to AI innovation, pocket-to-cloud computing capabilities, smart devices, smart infrastructure, and full-stack portfolio of smart solutions and services with partnerships with other leading leaders in AI. We are certainly well-positioned to seize the tremendous opportunity in AI,” said Lenovo Chairman and CEO. Yang Yuanqing This was stated during the company's earnings webcast on Thursday.
Computer giant Lenovo Group will unveil its latest portfolio of artificial intelligence devices and infrastructure solutions at the MWC Barcelona trade fair, which will be held from February 26 to 29 in Spain's northeastern coastal city.Photo: Lenovo
Lenovo's focus on AI reflects the global PC industry's efforts to integrate technology into its products and services in response to anticipated changes in demand for operational machines. I am. Generation AI Run the task locally.
According to Yang, this trend is expected to stimulate a new refresh cycle for the industry, as users require devices designed to be more creative and productive.
Shipping AI PCs with specific features semiconductor Devices designed to perform generative AI tasks locally are expected to grow from a projected nearly 50 million this year to more than 167 million by 2027, according to a report earlier this month from technology research firm IDC. has been done. IDC predicted that AI PCs will account for nearly 60% of the industry's global shipments by 2027.
Lenovo, which operates in more than 180 markets around the world, plans to roll out its first generation of AI PCs in the first half of this year, according to Vice President Luca Rossi, who also heads the company's Intelligent Devices Group. It is said that He said Lenovo's AI device portfolio will “expand dramatically” in late 2024 and into 2025.
People walk past a Lenovo store in New Delhi, the capital of India, on September 28, 2023. Photo: Shutterstock
Kirk Skaugen, the company's executive vice president and president of its enterprise-focused Solutions & Services Group (SSG), said in the same webcast that the company will double its AI server market share this year. He said he expected it.
Lenovo's SSG achieved record operating profit with sales of $2 billion and an operating margin of over 20% in the December quarter.
The company's shares rose 3.27% to close at HK$8.84 in Hong Kong on Thursday after announcing its latest quarterly results.
Following an announcement last August of an additional US$1 billion investment over three years to accelerate the deployment of AI to enterprises around the world, Lenovo announced Thursday that it is continuing to add additional resources. R&D headcount has increased by more than 25% year-on-year, and “the ratio of R&D expenses to revenue is growing company-wide.” [financial year to March] It is on track to reach an all-time high. ”
ChatGPT craze boosts PC sales as hardware makers bet on AI
in Chinese earlier this month internet Search and AI giant Baidu The company said its generative AI technology will be integrated into the new system. smartphone According to a report from Reuters, it will be sold under Lenovo's Moto brand.
Lenovo's smartphone shipments in the December quarter rose 32% year-over-year due to increased demand across markets in Asia Pacific, North America, and the Middle East and Africa region, according to the company's financial results released on Thursday. It is said that the number has increased.
Lenovo's “AI for All” strategy will be launched in January CES The company announced a lineup of more than 40 new AI-powered devices and solutions at a trade show in Las Vegas. These included his Yoga, ThinkBook, ThinkCentre and his Lenovo devices under the Legion sub-brands for consumers and businesses.
In October last year, a semiconductor design company Nvidia and Lenovo have announced a new partnership in which the computer giants will deliver “a fully integrated system that brings AI-powered computing from the edge to everywhere data is created.” [of a network] This makes it easier for businesses to deploy generative AI applications.
