Close Menu
  • Home
  • About
  • News
  • Awards
  • Media & Press
  • Video Podcasts
  • Magazines
  • Events
  • Contact
Facebook X (Twitter) Instagram
Gazet International – Global Magazine
AWARD NOMINATION
  • Home
  • About
  • News
  • Awards
  • Media & Press
  • Video Podcasts
  • Magazines
  • Events
  • Contact
You are at:Home » Lenovo’s Q3 revenue rises 20% amid PC industry recovery
Business

Lenovo’s Q3 revenue rises 20% amid PC industry recovery

Gazet InternationalBy Gazet InternationalFebruary 20, 20252 Mins Read
Facebook Twitter LinkedIn
Lenovo
Share
Facebook Twitter LinkedIn

Chinese technology company Lenovo reported a 20% increase in third-quarter revenue on Thursday, signaling modest recovery in the global personal computer industry.

For the quarter ending December 31, Lenovo, the world’s largest PC maker, generated revenue of $18.8 billion, surpassing analysts’ expectations of $17.82 billion, according to LSEG data.

The company’s net profit reached $693 million, significantly higher than the analysts’ estimate of $367.7 million.

Despite this positive news, the global PC market continues to face uncertainty following a post-pandemic downturn. Research group IDC indicated that shipments grew by only 1.8% during the fourth quarter of 2024.

Lenovo maintained its status as the largest PC vendor for the reported quarter, capturing a 24.5% market share with a 4.8% increase in shipments, as per IDC data.

In recent years, Lenovo has diversified beyond its core PC business, expanding into software and services. The company has also positioned itself to capitalize on the rising demand for artificial intelligence (AI) applications by developing its AI server and software businesses.

Demand for AI-capable computers has become a key growth driver for the PC industry. Manufacturers are racing to introduce models equipped with specialized chips for AI applications.

Last May, Lenovo launched its first AI-powered PCs in China, followed by a global rollout in September. CEO Yang Yuanqing projected that AI PCs will make up a quarter of Lenovo’s shipments by 2025 and could reach 80% by 2027.

Earlier this week, Lenovo announced the integration of Chinese AI startup DeepSeek’s technology into its devices, including PCs and tablets.

Users can access DeepSeek’s AI services through Lenovo’s AI assistant “XiaoTen” without needing to download or register.

Lenovo’s infrastructure solutions group, which includes IT solutions like servers, experienced a 59% revenue increase in the December quarter compared to the previous year, driven by strong demand for servers.

Additionally, the solutions and services group, which offers cloud-based software for enterprise clients, reported $2.3 billion in revenue, marking a 12% increase from a year earlier.

Click here for more Technology news.

SOURCE
#AI #DeepSeek #GAZETINTERNATIONAL #GI #GIAWARDS #lenovo #TechTrends
Share. Facebook Twitter LinkedIn
Previous ArticleMercedes-Benz car division earnings drop 40% in 2024
Next Article Shares struggle as gold hits record amid geopolitical, tariff concerns

Related Posts

10th US Edition of Instant Payments and Fraud Management Summit Returns to Chicago on October 16, 2025

June 16, 2025

Geopolitical tensions from Israeli strikes on Iran have pushed the dollar higher as investors seek refuge

June 16, 2025

Boeing’s stock value declined by 8% following reports of an Air India aircraft crash.

June 16, 2025
  • Facebook
  • Twitter
  • Instagram
  • YouTube
  • LinkedIn
Don't Miss

Finance Reimagined: The 5th GenAI & HyperAutomation Summit – Chicago 2025

TiE Dubai Unveils New Board for 2025-2026 Term to Propel Entrepreneurial Growth Across the MENA Region

Blue Line to Transform Dubai’s Urban Economy, Turn Infrastructure into ‘Wealth Generator’

Ravi Krishnan Launches Abler Sports & Entertainment (ASE) to ‘Challenge Status Quo’ of the Sports & Entertainment Industry​

Recent Posts
  • Finance Reimagined: The 5th GenAI & HyperAutomation Summit – Chicago 2025
  • TiE Dubai Unveils New Board for 2025-2026 Term to Propel Entrepreneurial Growth Across the MENA Region
  • Blue Line to Transform Dubai’s Urban Economy, Turn Infrastructure into ‘Wealth Generator’
  • Ravi Krishnan Launches Abler Sports & Entertainment (ASE) to ‘Challenge Status Quo’ of the Sports & Entertainment Industry​
  • Indian LGBTQIA+ Community’s Financial Protection Lags Despite High Intent – Axis Max Life India Protection Quotient 7.0​
Recent Comments
    Archives
    • June 2025
    • May 2025
    • April 2025
    • March 2025
    • February 2025
    • January 2025
    • December 2024
    • November 2024
    • October 2024
    • September 2024
    • August 2024
    • July 2024
    • June 2024
    • May 2024
    • April 2024
    • March 2024
    • February 2024
    • January 2024
    • October 2023
    • September 2023
    • January 2021
    Categories
    • Banking
    • Blog
    • Business
    • Corporate
    • Editor's Column
    • Events
    • Executive Spotlight
    • Finance and Investing
    • Lifestyle
    • magazine
    • podcast
    • Press Release
    • Technology
    • World
    Meta
    • Log in
    • Entries feed
    • Comments feed
    • WordPress.org
    About

    GAZET INTERNATIONAL


    Gazet International Magazine is a global entity that works towards providing latest information and news updates of the world. It entraps latest stories in banking, finance, lifestyle and various beats of the world. We engage in recognizing and rewarding the global organizations for their achievements in various fields and deliver justice to the nominees with valued identification and recognition of companies that indulge in the Gazet Award Ceremony.

    Facebook X (Twitter) Instagram YouTube LinkedIn
    Categories
    • Banking
    • Blog
    • Business
    • Corporate
    • Editor's Column
    • Events
    • Executive Spotlight
    • Finance and Investing
    • Lifestyle
    • magazine
    • podcast
    • Press Release
    • Technology
    • World
    Latest posts
    Press Release

    India’s Top Corporate Travel Buyers Unite at MILT India 2025 in Goa to Meet the Global Travel Leaders​

    June 4, 2025
    Press Release

    Only 3 in 10 Gig Workers Own Term Insurance, Despite 9 in 10 Prioritizing Family Financial Goals – Axis Max Life IPQ 7.0​

    June 4, 2025
    Press Release

    Minutes & Machines from Helios Luxe by Titan: A Celebration of Machines, Moments, and Movement​

    June 4, 2025
    Press Release

    AYS Developers breaks a Guinness World Record for the World’s Largest Real Estate Training Session in Dubai​

    June 4, 2025
    Previous 1 … 40 41 42 43 44 … 839 Next
    Official Partner

    7ITS NEWS

    Copyright © 2025. Gazet International

    Type above and press Enter to search. Press Esc to cancel.