Chinese tech giant Lenovo targets US$16 billion in sales of new AI-powered computers, smartphones via e-commerce partner JD.com

The two Hong Kong-listed partners are targeting 120 billion yuan (US$16.6 billion) in sales over the 2024-2026 period via JD.com’s online and offline channels, covering Lenovo’s next-generation AI PCs, AI-powered smartphones, tablets and other “AI-oriented infrastructure such as servers”, according to a statement published on Sunday by both companies on their respective WeChat accounts. That … Read more

Chinese tech giant Lenovo doubles down on AI after world’s largest PC maker posts first quarterly revenue growth since late 2022

Lenovo Group, the world’s largest personal computer (PC) maker, said it is doubling down on various artificial intelligence (AI) initiatives, including new computing devices and services that support the technology, after reporting a 3 per cent year-on-year increase in revenue in the December quarter. The Beijing-based tech giant on Thursday said its revenue reached a … Read more