Global technology powerhouse Lenovo has climbed an impressive 43 places to rank #153 on Fortune’s annual Global 500 List. This milestone marks the highest ranking in the company’s history and stands as one of its most significant advancements in recent years, driven by a surge in its AI-driven business. The latest ranking reflects the conclusion of the strongest fiscal year in Lenovo’s history. The company generated a record-breaking revenue of US$83 billion, while its adjusted net income surged by 42 percent year-on-year to reach US$2 billion. Underpinning this rapid growth is Lenovo’s progression in executing its Hybrid AI vision, placing the company at the forefront of the AI inferencing and democratization era. Notably, AI-related revenue doubled year-on-year, accounting for 33… Read More
Lenovo jumps to #153 on ‘Fortune Global 500’
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