Lenovo's Infrastructure Solutions Group achieved a remarkable 65% year-on-year growth, generating $3.3 billion, yet faced a loss of $35 million, reflecting its ongoing struggles.
The execs emphasized that Lenovo's enterprise hardware division is outperforming its competitors, attributing this success to their focus on AI workloads and an extensive product portfolio.
Group president Luca Rossi noted that the PC segment is experiencing growth, driven by hardware aging and the rising interest in AI PCs, suggesting a shift in consumer demand.
Lenovo plans to improve operations and diversify its cloud client base, indicating a long-term strategy aimed at stabilizing financial performance despite current losses.
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