Lenovo Group: Full Year Financial Results 2020/21 – Consumer Electronics Net consumerelectronicsnet.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from consumerelectronicsnet.com Daily Mail and Mail on Sunday newspapers.
MORRISVILLE –Lenovo rode increasing demand for a wide variety of products and services, including its world-leading PC business, to report records for revenue and profits during the year of COVID-19.
Corporate revenues soared to $60 billion – up $10 billion from the previous year.
And earnings hit $1.2 billion, up 70% year over year.
The performance led CEO and Chair Yang Yuanqing to hail the firm’s performance.
“Last quarter, we delivered our fastest growing quarter in almost a decade and closed the fiscal year with the new milestone of passing US$60 billion in revenue and significant growth in profit to a new record,” he said in a statement.
Lenovo Group (HKSE: 992) (PINK SHEETS: LNVGY) today announced record results for the Group for both its fourth quarter and fiscal year, with phenomenal growth across all parts of the business.
Lenovo Group: Full Year Financial Results 2020/21 financialpost.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from financialpost.com Daily Mail and Mail on Sunday newspapers.
Software Defined Infrastructure Market to Reflect Steady Growth Rate by 2026 Report includes market status and forecast of global and major regions, with introduction of vendors, regions, product types and end industries; and this report counts product types and end industries in global and major regions.
BriefingWire.com, 5/10/2021 - Overview
Software Defined Infrastructure (SDI) market is an emerging segment in the ICT sector. Prolific adoption of mobile, cloud, big data analytics are few factors supporting the SDI market growth.
SDI is a combination of software-defined compute, software-defined storage, and software-defined networking. SDI is the evolution of the data centre by integrating cloud and computing technologies to build and manage the resources. This enables companies to become service oriented and more efficient.