Yang Yuanqing, Chairman of Lenovo Group, made an extremely bold business goal at a recent mobilization meeting. He announced that Lenovo will achieve an annual revenue of over $100 billion within two years and complete a stunning transformation into an "AI-native company."
This goal is backed by impressive financial data. In the first three fiscal quarters of the 2025/26 fiscal year, Lenovo's revenue had already reached 440 billion yuan, a 18% increase year-on-year, showing a very strong overall trend.
AI Business Becomes a "Money-Making Machine": Revenue Share Has Reached One-Third
Currently, Lenovo's AI technology has moved from the lab to the front lines of the market. Financial reports show that revenue from AI-related businesses has doubled year-on-year, now accounting for more than 33% of the company's total revenue.
Yang Yuanqing defined the new fiscal year as Lenovo's "Year of AI Delivery." He required the company, from product design to internal service processes, to be completely restructured around artificial intelligence.
Leaving Traditional Hardware Behind: Exploring Personal Computing Hubs and New PC Forms
Lenovo's ambition goes beyond selling computers; they are actively building the next generation of computing platforms. The company has heavily invested in the Kubit personal computing hub project, aiming to build a complete AI architecture from the terminal to the cloud.
Additionally, Lenovo is developing new forms of PCs and smartphones designed specifically for intelligent agent interactions. Even in the wearable device sector, Lenovo plans to launch more AI-native products, making large model capabilities truly accessible to individuals.
Lenovo's vision of a $100 billion business is essentially a high-stakes technological transformation. Amid the AI PC and intelligent agent waves, Lenovo aims to seize the high ground where hardware and software converge, leveraging its supply chain advantages.
Although currently facing financial challenges such as improving gross profit margins, Lenovo's determination to transform is extremely firm. If the revenue target is achieved within two years, Lenovo will no longer be just a hardware manufacturer but a true AI infrastructure and computing solution provider.
