GO
| HSI1 | 27,032.54 | -233.84 | 238.71B |
| HSCEI1 | 9,175.18 | -93.00 | 90.89B |
| Back Zoom + Zoom - Block Traded | |
|
LENOVO GROUP Confident in Ensuring Memory Supply; ISG Biz Has Huge Growth Potential
2026-02-12 17:50:12 Because of its large scale and long-standing good relationships with suppliers, LENOVO GROUP (00992.HK) is confident in ensuring memory supply, said Winston Cheng, Senior Vice President and CFO. However, he believes that smaller computer makers will be more affected by memory shortages. LENOVO GROUP has recently announced its 3FQ results, with AI-related revenue growing by 72% YoY during the period, accounting for 32% of the group's total revenue. Cheng believes that the group's Infrastructure Solutions Group (ISG) has significant growth potential in the future, benefiting from the surging demand for AI data centers and AI servers. In addition, LENOVO GROUP's financial investment in restructuring this business has been largely completed, with an expected annual net cost saving of over USD200 million in the coming years. ~ AAStocks Financial News Web Site: www.aastocks.com | |