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Post by : Badri Ariffin
Lenovo Group reported a significant revenue jump in the second quarter, riding the wave of global Windows 11 adoption and rising demand for servers fueled by AI expansion.
For the three months ending September 30, Lenovo’s revenue increased 15% year-on-year to $20.45 billion, slightly above market expectations of $20 billion. Despite this strong top-line growth, net profit slipped 5% to $340 million, missing analyst forecasts of $382 million.
Adjusted net profit, which excludes non-cash and non-operating items, told a brighter story—rising 25% to $512 million, highlighting the company’s underlying profitability amid shifting market dynamics.
Lenovo’s intelligent-devices segment, encompassing PCs, tablets, and smartphones, drove much of the growth, posting a 15% revenue rise in the first half of the year. The global PC market remained robust, powered by the Windows 11 transition and increasing demand for high-performance devices.
According to IDC data, PC shipments in the September quarter jumped 17% to 19.4 million units, giving Lenovo a 25.5% share of the global market, reaffirming its position as the world’s largest PC manufacturer.
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