Latest news with #LenovoGroup
National Post
6 days ago
- Business
- National Post
The Tech That Drives Business Innovation: Lenovo and DreamWorks
Article content DreamWorks Animation expands Preferred Technology Provider relationship with Lenovo — deepening a trusted partnership to include Lenovo's cutting-edge services and solutions. Lenovo's end-to-end technology portfolio, including high-performance workstations, High Performance Computing (HPC) infrastructure, and digital transformation services, allows DreamWorks to push the boundaries of creative innovation without compromising speed, quality, or imagination. Article content Article content MORRISVILLE, N.C. — DreamWorks Animation is deepening its collaboration with Lenovo, naming the company its preferred compute services, workstation, and solutions provider. This marks a milestone in a trusted partnership now strengthened by Lenovo's solutions and services. By bringing together devices, data center infrastructure, and services into a seamless Lenovo ecosystem, DreamWorks has the compute power to scale with the ever-growing demands of its artistic and technical teams — an essential advantage in an increasingly dynamic landscape. At the core of this collaboration is a shared commitment to service excellence, ensuring DreamWorks remains supported through every business transformation. Article content Lenovo's strategic services and solutions have already delivered a quantifiable impact to DreamWorks' production pipelines and business infrastructure: Article content • A 20% performance increase was achieved using Lenovo Neptune™ liquid cooling, improving render speeds and enabling faster iteration cycles. • A 25% performance increase of animation programs running on the ThinkStation™ P620s compared to previous workstations, leading to faster loading times and an overall better artist experience. • With 98% utilization in its data center and 300 million compute hours for The Wild Robot, Lenovo infrastructure scaled to meet unprecedented creative demands. Article content 'Based on our long-standing relationship and Lenovo's consistent delivery excellence, expanding our collaboration was a natural next step,' said Kate Swanborg, SVP of Technology Communications and Strategic Alliances, DreamWorks Animation. 'This deepens our collaboration and gives DreamWorks the flexibility and operational scale we need to fuel our business ambitions and deliver world-class filmmaking.' Article content 'This expanded relationship underscores the vital role of advanced, scalable technologies and services in powering complex creative workflows and meeting the demands of modern content production,' added Ken Wong, Executive Vice President and President, Solutions and Services Group, Lenovo. 'It highlights the strategic impact of a trusted technology partnership in delivering the performance, reliability, and innovation required to push the boundaries of what's possible in filmmaking and what's possible in business.' Article content From strategy to 24/7 operations, Lenovo delivers more than just high-performance hardware — it provides a services-first ecosystem that keeps DreamWorks' technology teams focused. Lenovo's scalable service model covers everything from day-to-day support to critical artist compute deployment, ensuring that enterprise environments like DreamWorks have the tools, agility, and responsiveness needed at every stage of production. Article content ThinkStation™ and ThinkPad™ P Series Workstations – designed to deliver the performance and responsiveness required in any setting, including modern film production, making them ideal for artists, technical directors, and other professionals. ThinkSystem ™ Servers and HPC Infrastructure – powering compute-intensive rendering and animation pipelines. NEW: TruScale ™ Infrastructure as a Service – enabling DreamWorks to scale compute resources on demand while avoiding large capital expenditures. The offering supports the full ThinkSystem™ and ThinkAgile™ portfolio and is tailored to align infrastructure capacity with production timelines. Article content Lenovo TruScale™ allows DreamWorks to retain the control and security of on-premises infrastructure while benefiting from 24/7 proactive monitoring, managed services, and expert support. As part of its services portfolio, Lenovo also supports DreamWorks' sustainability goals — helping retire outdated systems and transition to more energy-efficient technologies. Article content And Infrastructure is only part of the story. DreamWorks depends on Lenovo's Premier Support Plus for round-the-clock help, fast fixes, and minimal downtime. In a high-pressure creative environment, responsive support and expert planning are essential to reducing complexity and helping teams meet aggressive production goals. Article content DreamWorks' partnership with Lenovo is a story of creative ambition brought to life through cutting-edge technology. During its most technically demanding productions, DreamWorks relied on Lenovo's high-performance computing (HPC) solution—featuring Neptune™ liquid cooling—to accelerate workflows and scale rendering. Neptune™ liquid cooling boosted core performance within the pre-existing data center space, enhancing both energy efficiency and system stability, and enabled the studio to do more with less. Just as critical was the ability to iterate in real time. With Lenovo's infrastructure, artists could explore, refine, and bring complex digital environments to life with greater speed and precision. Article content Lenovo's professional services have also enabled DreamWorks to scale quickly and smoothly. A HPC deployment expected to take a week was completed in just 1.5 days. From custom hardware integration to white-glove service and proactive support, every deployment is built for seamless execution and immediate production-readiness. Article content This robust technology and services foundation now supports a bold new slate of DreamWorks films, including The Bad Guys 2 (August 2025) and the newly announced Forgotten Island (September 2026). It will also play a central role in the creation of Shrek 5 (December 2026)—further demonstrating Lenovo's impact on some of the studio's most iconic and technically ambitious productions. Article content Looking ahead, Lenovo supports DreamWorks in streamlining complex operational and infrastructure processes as well as predictive analytics and intelligent workflows –powered by Lenovo's AI-optimized infrastructure that includes workstations, data center systems, and TruScale services. While DreamWorks does not use AI in the generation of its imagery, the studio is researching its potential to increase production pipeline efficiency to further enable their artists to focus on their creativity. This integrated ecosystem would bridge individual creativity with end-to-end studio orchestration, helping DreamWorks move from concept to screen with greater speed, agility, and innovation. Article content 'This extension of the Lenovo partnership is a key component of our technology strategy,' said Bill Ballew, CTO for DreamWorks Animation. 'The Lenovo hardware solutions are incredibly powerful, and we are now looking forward to engaging with their AI teams to identify solutions that will optimize our compute infrastructure even further.' Article content 'As production strategy evolves, the Lenovo-DreamWorks partnership serves as a blueprint for how enterprises can leverage integrated technology to scale intelligently and meet the demands of creative and operational excellence,' Wong added. Article content Discover what's possible with Lenovo. Explore a full portfolio of workstations, data center solutions, and enterprise services designed to scale with creative and AI ambitions. Article content Unlock the Lenovo Hybrid AI Advantage to accelerate AI across edge, cloud, and on-prem environments. Rely on Lenovo for expert support, from strategy to 24/7 operations. And start smart with AI Discover — a guided consultation to identify use cases, assess readiness, and drive faster outcomes. Article content Lenovo is a US$69 billion revenue global technology powerhouse, ranked #248 in the Fortune Global 500, and serving millions of customers every day in 180 markets. Focused on a bold vision to deliver Smarter Technology for All, Lenovo has built on its success as the world's largest PC company with a full-stack portfolio of AI-enabled, AI-ready, and AI-optimized devices (PCs, workstations, smartphones, tablets), infrastructure (server, storage, edge, high performance computing and software defined infrastructure), software, solutions, and services. Lenovo's continued investment in world-changing innovation is building a more equitable, trustworthy, and smarter future for everyone, everywhere. Lenovo is listed on the Hong Kong stock exchange under Lenovo Group Limited (HKSE: 992) (ADR: LNVGY). To find out more visit and read about the latest news via our StoryHub. Article content Article content Article content Article content Article content Article content
Business Insider
23-05-2025
- Business
- Business Insider
Analysts Are Bullish on Top Technology Stocks: Lenovo Group (LNVGF), RedCloud Holdings plc (RCT)
There's a lot to be optimistic about in the Technology sector as 2 analysts just weighed in on Lenovo Group (LNVGF – Research Report) and RedCloud Holdings plc (RCT – Research Report) with bullish sentiments. Confident Investing Starts Here: Lenovo Group (LNVGF) In a report released today, Jim Hin Kwong Au from DBS maintained a Buy rating on Lenovo Group, with a price target of HK$17.20. The company's shares closed last Thursday at $1.20. According to Au is a 4-star analyst with an average return of 10.0% and a 56.4% success rate. Au covers the Technology sector, focusing on stocks such as Sunny Optical Technology (Group) Co, BYD Electronic (International) Co, and AAC Technologies Holdings. Lenovo Group has an analyst consensus of Moderate Buy, with a price target consensus of $1.72, a 40.7% upside from current levels. In a report issued on May 18, Morgan Stanley also maintained a Buy rating on the stock with a HK$11.40 price target. In a report released today, Rohit Kulkarni from Roth MKM reiterated a Buy rating on RedCloud Holdings plc, with a price target of $5.00. The company's shares closed last Thursday at $1.76. According to Kulkarni is a 5-star analyst with an average return of 22.1% and a 61.4% success rate. Kulkarni covers the NA sector, focusing on stocks such as Fiverr International, Alphabet Class A, and Meta Platforms.
Tahawul Tech
22-05-2025
- Business
- Tahawul Tech
'This has been one of our best years yet, even in the face of significant macroeconomic uncertainty.' – Yuanqing Yang, Lenovo CEO
Lenovo Group Limited has announced Q4 and full year results for the fiscal year 2024/25, reporting significant increases in overall group revenue and profit. For the full year, revenue grew 21% year-on-year to US$69.1 billion, marking the Group's second-highest annual revenue in its history. Net income was up 36% year-on-year to US$1.4 billion on a non-Hong Kong Financial Reporting Standards (non-HKFRS[1]) basis. The Group's diversified growth engines continue to accelerate, with non-PC revenue mix up nearly five points year-on-year to 47%. All business groups were healthy and strong and met their strategic intent and financial goals, and all sales geographies gained double-digit revenue growth year-on-year, reflecting the strength of the Group's diversified businesses and resilient global footprint. The results were not only driven by the Group's focus on executing a clear strategy, but also its end-to-end integrated global operations (design, demand forecasting, procurement, manufacturing, marketing, sales, and services), ODM+ manufacturing model, and global resources/local delivery model. Over the past 20 years of operating a global business, Lenovo has established a manufacturing footprint that boasts 30+ manufacturing sites (either in-house or outsourced) in 11 different markets around the world. The combination of these gives the Group maximum flexibility and resilience to navigate through uncertainties and be more adaptive to the market conditions. Lenovo continues to prioritize investment in innovation, with R&D expenses up 13% year-on-year to US$2.3 billion. The past year saw several key announcements, investments, and milestones from the Group as part of its hybrid AI strategy. These include the launch of AI PCs where Lenovo is now number one globally in the Windows AI PC category; the launch of the first foldable phone with Moto AI; hypergrowth in the AI server business; the creation of core solutions and services capabilities with Lenovo Hybrid AI Advantage, and most recently the launch of the Group's first personal and enterprise AI super agents at its Tech World event in Shanghai. Looking ahead, Lenovo remains confident that its focus on innovation and hybrid AI, together with its globally balanced business and a flexible, resilient supply chain will not only maintain but also enhance its market competitiveness. Lenovo's Board of Directors declared a final dividend of 3.9 US cents or 30.5 HK cents per share for the fiscal year ended March 31, 2025. Chairman and CEO quote – Yuanqing Yang: 'This has been one of our best years yet, even in the face of significant macroeconomic uncertainty. We achieved strong top-line growth with all our business groups and sales geographies growing by double digits, and our bottom-line increased even faster. Our strategy to focus on hybrid AI has driven meaningful progress in both personal and enterprise AI, laying a strong foundation for leadership in this AI era. With 20 years of leading a global business and navigating challenges, I'm confident that our operational excellence and continued investment in innovation will not only sustain but strengthen our competitiveness.' Financial Highlights: FY 24/25 US$ millions FY 23/24 US$ millions Change Q4 FY24/25 US$ millions Q4 FY23/24 US$ millions Change Group Revenue 69,077 56,864 21% 16,984 13,833 23% Pre-tax income 1,481 1,365 8% 178 309 (42)% Net Income (profit attributable to equity holders) 1,384 1,011 37% 90 248 (64)% Net Income (profit attributable to equity holders – non-HKFRS) [1] 1,441 1,060 36% 278 223 25% Basic earnings per share (US cents) 11.30 8.41 2.89 0.73 2.02 (1.29) Q4 FY24/25 Group Performance: Revenue and non-HKFRS[1] net income increase over 20%, double-digit revenue year-on-year growth across all businesses Group revenue grew 23% year-on-year to US$17 billion, with double-digit year-on-year revenue growth across all businesses. Net income was up 25% year-on-year on a non-HKFRS [1] basis to US$278 million. basis to US$278 million. The Intelligent Devices Group further enlarged its PC market leadership and expanded the gap to the number two player year-on-year by a further point. At the same time, smartphone revenue outgrew the market by 12 points and its global smartphone ranking by revenue is now number four in all markets outside of China. The Infrastructure Solutions Group achieved profitability for the 2 nd consecutive quarter, with revenue hypergrowth of more than 60% year-on-year. consecutive quarter, with revenue hypergrowth of more than 60% year-on-year. The Solutions and Services Group delivered 18% revenue growth year-on year and a record operating margin of 27%. Full Year performance: Intelligent Devices Group (IDG): Market leadership strengthened, winning in personal AI FY24/25 performance: Overall IDG revenue grew 13% year-on-year to US$50.5 billion, with an operating margin in the historically high range of more than 7%. PCs expanded their market leadership, enlarging the gap to the number two player by almost 1 point to 3.6 points, and maintained industry-leading profitability. AI PCs exceeded the volume target for the year, with Lenovo now leading globally in the Windows AI PC category. Smartphone revenue reached its highest point since the acquisition of Motorola Mobility, with hypergrowth of 27% year-on-year. There was robust growth in Asia Pacific and EMEA markets, complementing the traditional strongholds of Latin America and North America. The tablet business achieved double-digit year-on-year growth in sales volume. Innovative form factors were launched throughout FY24/25 across Lenovo's AI PC and smartphone portfolio, including the ThinkBook Plus Gen 6 with a rollable display, the Legion Go S handheld gaming console, and the ultra-premium ThinkPad and Yoga Aura Editions. Motorola expanded its leadership in foldables with the latest motorola razr, now enhanced with moto AI capabilities. Looking ahead, IDG will continue to build an AI-driven applications ecosystem to deliver seamless cross-device, cross-ecosystem experiences, as well as further develop the AI super agents that recently launched at the Group's Tech World event in Shanghai. Infrastructure Solutions Group (ISG): Hypergrowth, profitable in the 2nd half of the year, driving hybrid infrastructure FY24/25 performance: ISG saw a year of hyper-growth with revenue up 63% year-on-year to a record US$14.5 billion. Operating margin was significantly improved and ISG broke even for the 2 nd half of the fiscal year. half of the fiscal year. The Cloud Services Provider (CSP) business continued to scale through the year with self-sustaining profitability. The Enterprise and SMB (E/SMB) business had strong momentum with revenue up 20% year-on-year to a record high. The AI server business also achieved hypergrowth thanks to the rising demand for AI infrastructure, with Lenovo's industry-leading Neptune™ liquid cooling solutions as a key force behind this rapid growth. Looking ahead, ISG will continue executing its CSP and E/SMB strategy, simplify its product portfolio, strengthen its go-to-market capabilities, and enhance operational resilience to drive steady, balanced growth across all geographies and sustainable profitability. Solutions and Services Group (SSG): High margin and high growth transformation engine, unleashing hybrid AI Advantage FY24/25 performance:
Tahawul Tech
22-05-2025
- Business
- Tahawul Tech
2024/2025 Archives
Lenovo Group Limited has announced Q4 and full year results for the fiscal year 2024/25, reporting significant increases in overall group …
Tahawul Tech
22-05-2025
- Business
- Tahawul Tech
'This has been one of our best years yet, even in the face of significant macroeconomic uncertainty.' – Yuanqing Yank, Lenovo CEO
Lenovo Group Limited has announced Q4 and full year results for the fiscal year 2024/25, reporting significant increases in overall group revenue and profit. For the full year, revenue grew 21% year-on-year to US$69.1 billion, marking the Group's second-highest annual revenue in its history. Net income was up 36% year-on-year to US$1.4 billion on a non-Hong Kong Financial Reporting Standards (non-HKFRS[1]) basis. The Group's diversified growth engines continue to accelerate, with non-PC revenue mix up nearly five points year-on-year to 47%. All business groups were healthy and strong and met their strategic intent and financial goals, and all sales geographies gained double-digit revenue growth year-on-year, reflecting the strength of the Group's diversified businesses and resilient global footprint. The results were not only driven by the Group's focus on executing a clear strategy, but also its end-to-end integrated global operations (design, demand forecasting, procurement, manufacturing, marketing, sales, and services), ODM+ manufacturing model, and global resources/local delivery model. Over the past 20 years of operating a global business, Lenovo has established a manufacturing footprint that boasts 30+ manufacturing sites (either in-house or outsourced) in 11 different markets around the world. The combination of these gives the Group maximum flexibility and resilience to navigate through uncertainties and be more adaptive to the market conditions. Lenovo continues to prioritize investment in innovation, with R&D expenses up 13% year-on-year to US$2.3 billion. The past year saw several key announcements, investments, and milestones from the Group as part of its hybrid AI strategy. These include the launch of AI PCs where Lenovo is now number one globally in the Windows AI PC category; the launch of the first foldable phone with Moto AI; hypergrowth in the AI server business; the creation of core solutions and services capabilities with Lenovo Hybrid AI Advantage, and most recently the launch of the Group's first personal and enterprise AI super agents at its Tech World event in Shanghai. Looking ahead, Lenovo remains confident that its focus on innovation and hybrid AI, together with its globally balanced business and a flexible, resilient supply chain will not only maintain but also enhance its market competitiveness. Lenovo's Board of Directors declared a final dividend of 3.9 US cents or 30.5 HK cents per share for the fiscal year ended March 31, 2025. Chairman and CEO quote – Yuanqing Yang: 'This has been one of our best years yet, even in the face of significant macroeconomic uncertainty. We achieved strong top-line growth with all our business groups and sales geographies growing by double digits, and our bottom-line increased even faster. Our strategy to focus on hybrid AI has driven meaningful progress in both personal and enterprise AI, laying a strong foundation for leadership in this AI era. With 20 years of leading a global business and navigating challenges, I'm confident that our operational excellence and continued investment in innovation will not only sustain but strengthen our competitiveness.' Financial Highlights: FY 24/25 US$ millions FY 23/24 US$ millions Change Q4 FY24/25 US$ millions Q4 FY23/24 US$ millions Change Group Revenue 69,077 56,864 21% 16,984 13,833 23% Pre-tax income 1,481 1,365 8% 178 309 (42)% Net Income (profit attributable to equity holders) 1,384 1,011 37% 90 248 (64)% Net Income (profit attributable to equity holders – non-HKFRS) [1] 1,441 1,060 36% 278 223 25% Basic earnings per share (US cents) 11.30 8.41 2.89 0.73 2.02 (1.29) Q4 FY24/25 Group Performance: Revenue and non-HKFRS[1] net income increase over 20%, double-digit revenue year-on-year growth across all businesses Group revenue grew 23% year-on-year to US$17 billion, with double-digit year-on-year revenue growth across all businesses. Net income was up 25% year-on-year on a non-HKFRS [1] basis to US$278 million. basis to US$278 million. The Intelligent Devices Group further enlarged its PC market leadership and expanded the gap to the number two player year-on-year by a further point. At the same time, smartphone revenue outgrew the market by 12 points and its global smartphone ranking by revenue is now number four in all markets outside of China. The Infrastructure Solutions Group achieved profitability for the 2 nd consecutive quarter, with revenue hypergrowth of more than 60% year-on-year. consecutive quarter, with revenue hypergrowth of more than 60% year-on-year. The Solutions and Services Group delivered 18% revenue growth year-on year and a record operating margin of 27%. Full Year performance: Intelligent Devices Group (IDG): Market leadership strengthened, winning in personal AI FY24/25 performance: Overall IDG revenue grew 13% year-on-year to US$50.5 billion, with an operating margin in the historically high range of more than 7%. PCs expanded their market leadership, enlarging the gap to the number two player by almost 1 point to 3.6 points, and maintained industry-leading profitability. AI PCs exceeded the volume target for the year, with Lenovo now leading globally in the Windows AI PC category. Smartphone revenue reached its highest point since the acquisition of Motorola Mobility, with hypergrowth of 27% year-on-year. There was robust growth in Asia Pacific and EMEA markets, complementing the traditional strongholds of Latin America and North America. The tablet business achieved double-digit year-on-year growth in sales volume. Innovative form factors were launched throughout FY24/25 across Lenovo's AI PC and smartphone portfolio, including the ThinkBook Plus Gen 6 with a rollable display, the Legion Go S handheld gaming console, and the ultra-premium ThinkPad and Yoga Aura Editions. Motorola expanded its leadership in foldables with the latest motorola razr, now enhanced with moto AI capabilities. Looking ahead, IDG will continue to build an AI-driven applications ecosystem to deliver seamless cross-device, cross-ecosystem experiences, as well as further develop the AI super agents that recently launched at the Group's Tech World event in Shanghai. Infrastructure Solutions Group (ISG): Hypergrowth, profitable in the 2nd half of the year, driving hybrid infrastructure FY24/25 performance: ISG saw a year of hyper-growth with revenue up 63% year-on-year to a record US$14.5 billion. Operating margin was significantly improved and ISG broke even for the 2 nd half of the fiscal year. half of the fiscal year. The Cloud Services Provider (CSP) business continued to scale through the year with self-sustaining profitability. The Enterprise and SMB (E/SMB) business had strong momentum with revenue up 20% year-on-year to a record high. The AI server business also achieved hypergrowth thanks to the rising demand for AI infrastructure, with Lenovo's industry-leading Neptune™ liquid cooling solutions as a key force behind this rapid growth. Looking ahead, ISG will continue executing its CSP and E/SMB strategy, simplify its product portfolio, strengthen its go-to-market capabilities, and enhance operational resilience to drive steady, balanced growth across all geographies and sustainable profitability. Solutions and Services Group (SSG): High margin and high growth transformation engine, unleashing hybrid AI Advantage FY24/25 performance:
