Lenovo

Company Snapshot

Founded: 1984
Entity Type: Public
Employees: 69,500
Region: Americas
Revenue: $56,863.8 Millions
Revenue Year: 2023
Headquarter: Hong Kong, China
Corporate Address: New Town Plaza Phase 1, Hong Kong, China Tel. +852-3422-3302 www.lenovo.com

Company Overview

Lenovo designs, produces and distributes a range of products, including laptops, desktops, tablet PCs, accessories, and data center equipment such as servers and storage. Additionally, Lenovo provides infrastructure solutions and software services. For the educational sector, the company offers various solutions and services, including deployment services, LanSchool, hybrid classroom solutions, Lenovo NetFilter, eSports program, desktop PCs, laptops, and smart locker solutions, among others.

The company operates in three segments, namely the solutions and services group (SSG), intelligent devices group (IDG), and infrastructure solutions group (ISG). IDG consists of the PC, tablets, smartphones, and other smart devices. The company operates in approximately 180 markets that are spread around multiple locations, namely China, Asia-Pacific, Europe, Americas, and Middle East & Africa.

Financial Highlights (FY 2023)

Net Revenue: ***
Total Current Liabilities: ***
Total Current Assets: ***
R&D expenses: ***
Operating Income: ***

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Lenovo In Reports

Educational Equipment and Software: Global Markets

BCC Research Market Analyst says global market for educational equipment and software is expected to grow from $105.4 billion in 2024 and is projected to reach $187.9 billion by the end of 2029, at a CAGR of 12.2%.

Global High Performance Computing Market

BCC Research Market Report says Global high performance computing market was valued at $46.2 billion in 2022 and will reach $107.8 billion by 2028 growing at a CAGR of 15.6% from 2023 to 2028.

Surface Computing: Global Markets

BCC Research Market Report says Global surface computing market is projected to grow from $45.5 billion in 2022 to $257.0 billion in 2028 at a CAGR of 34.2%.

Company's Business Segments

  • Intelligent Devices Group (IDG) : PC, Tablet, Smartphone, Other smart device businesses
  • Infrastructure Solutions Group (ISG) : Artificial Intelligence (AI) Powered server and Edge, Hybrid cloud
  • Solutions and Services Group (SSG) : Hardware, Software and Services, Subscription-based, Pay-as-you-go models

Applications/End User Industries

  • Cloud
  • Laptops
  • Information Technology
  • Smartphones
  • Smart Devices
  • Hardware
  • Software