Len­ovo

It is about em­bed­ding smart com­put­ing power into hun­dreds of de­vices that are not yet smart – in schools, homes, fac­to­ries, hos­pi­tals and much more

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With an An­nual rev­enue in In­dian mar­ket, USD 1,300 Mn (Es­ti­mated), Len­ovo re­tains a top 20 po­si­tion for Len­ovo. In the last 12 months Len­ovo Data Cen­tre Busi­ness Group (DCG) has trans­formed from a uni­di­men­sional tra­di­tional server busi­ness into a com­plete port­fo­lio data cen­tre or­gan­i­sa­tion – while at the same time hit­ting record rev­enue of over $6BN. This evo­lu­tion has in­cluded joint ven­tures such as the one in China with NetApp, new global strate­gic part­ner­ships, tech­nol­ogy break­throughs and nu­mer­ous in­dus­try ac­co­lades and recog­ni­tion. Len­ovo Cap­i­tal and in­cu­ba­tor Group drives its busi­ness to­day

Strate­gic Fo­cus FY19/20

Len­ovo is in­vest­ing in Smart ioT, smart in­fra­struc­ture and smart ver­ti­cals. It is build­ing other new de­vices, adap­tive to a cus­tomer’s needs, seam­lessly con­nect­ing to the cloud etc like Len­ovo’s smart clock, smart cam­era and smart lock. Be­yond that it is about em­bed­ding smart com­put­ing power into hun­dreds of de­vices that are not yet smart – in schools, homes, fac­to­ries, hos­pi­tals and much more.

A Wider Re­spon­si­bil­ity

Len­ovo at­tempts to be di­verse and in­clu­sive in all its ac­tiv­i­ties. It means be­ing able to stretch and adapt to the val­ues, poli­cies and cul­ture of the coun­tries where we do busi­ness; to look like, sound like and re­flect our en­tire cus­tomer base no mat­ter where they are. Be­yond that, it also sees it­self as hav­ing a duty to op­er­ate a glob­ally sus­tain­able busi­ness. From in­no­va­tive pack­ag­ing so­lu­tions us­ing bam­boo and sugar cane to re­leas­ing our first prod­ucts made from closed-loop post-con­sumer re­cy­cled con­tent. Equally, it says that it needs to not only in­spire fu­ture gen­er­a­tions about tech­nol­ogy, but give them ac­cess and op­por­tu­nity so they can thrive in a dig­i­tal world – some­thing we do through our Len­ovo Foun­da­tion. India is strate­gi­cally im­por­tant mar­ket for Len­ovo. In FY 18-19: • In last 2 years, Len­ovo India has gained 4.2% mar­ket share in the PCSD busi­ness, demon­strat­ing strong mo­men­tum • In India, Len­ovo is win­ning in new form fac­tors like Ul­traslim and Gam­ing with its new range of Yoga and le­gion series re­spec­tively • Con­tin­ued lead­er­ship in tablets with undis­puted #1 po­si­tion. Over­all An­droid Tablet mar­ket share of 45% and with a clear dom­i­nant No. 1 in com­mer­cial seg­ment with 61.4% mar­ket share. (IDC Q2 2019 re­lease) • No. 1 in India PC mar­ket with 46.2% mar­ket share (IDC Q2 2019 re­lease) ac­cord­ing to IDC, Len­ovo has a mar­ket share of 25.2% in PC mar­ket in India. Len­ovo’s PC busi­ness has achieved growth of 6.2% year-on-year and 29.2% se­quen­tially. Len­ovo wit­nessed a dip in con­sumer seg­ment. Len­ovo’s com­mer­cial PC busi­ness rose 70.8% driven by par­tial ex­e­cu­tion of ELCOT deal. Ac­cord­ing to Gart­ner, Len­ovo re­tained the top po­si­tion with the fastest year-over-year growth and the largest share gain among the top ven­dors. Len­ovo ex­pe­ri­enced dou­ble-digit ship­ment growth in all key re­gions ex­cept Latin Amer­ica, where the over­all PC mar­ket de­clined.

—RAHUL AGAR­WAL MD & CEO, Len­ovo

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