Lenovo's Yang Yuanqing: Aiming to Achieve $100 Billion Revenue Target This Year

Lenovo Group has disclosed its performance for the first quarter of the 2026/27 fiscal year. At the communication meeting, Lenovo Group Chairman and CEO Yang Yuanqing stated that the results of the first financial quarter are not one-off but sustainable, and he is confident about maintaining rapid growth and improving profitability in the second half of the year. Yang Yuanqing mentioned that the previously proposed goal of exceeding $100 billion in revenue within two years is expected to be achieved within this year, and the targets of raising the net profit margin to 5% in three years and to 7%-8% in five years now seem likely to be accomplished ahead of schedule.