Lenovo's CEO Yang Yuanqing on AI and Company's Future Outlook

TapTechNews August 15th news, Lenovo Group today released the financial report for the first quarter of fiscal year 2025 (April-June 2024). At the financial report meeting, Yang Yuanqing, the chairman and CEO of Lenovo Group, talked about some views on the AI aspect.

When it comes to the topic of the AI bubble, Yang Yuanqing said that AI is definitely not a bubble, and AI will definitely penetrate into all walks of life in the future.

He emphasized that the so-called AI bubble is that many manufacturers are blocked on the large model, But don't have thousands of troops going on a single-plank bridge. There is more than just this one way for AI. He believes that only public AI is not enough, and the future must be a hybrid intelligence composed of public intelligence and private intelligence, and only hybrid intelligence can make AI better implemented, Lenovo bets in this direction, and it will definitely not be wrong.

TapTechNews noticed that Lenovo has launched several AI Yuanqi version devices in recent months, including laptops, mobile phones, tablets, etc., and the main selling points include functions such as the Lenovo Xiaotian AI assistant and AI text-to-image generation.

Lenovos CEO Yang Yuanqing on AI and Company's Future Outlook_0

Yang Yuanqing also said at the financial report meeting that in the personal computer field, Lenovo's shipment volume and activation volume have strengthened the market-leading position with a growth rate higher than the average market speed, while also maintaining the industry-leading profitability. Looking forward to the future, the AIPC with 5 major characteristics launched in May this year has received positive user feedback. Lenovo expects that the AIPC will promote the personal computer market to accelerate into a new round of replacement cycle, and is expected to reach the expected sales share of nearly 10% by the end of the year, and will account for more than half of the total amount of personal computers by 2027.

Yang Yuanqing mentioned that Lenovo will continue to embed artificial intelligence into key general solutions including digital office solutions, hybrid cloud and sustainable development, and at the same time continue to develop more artificial intelligence native services, thereby helping customers make full use of artificial intelligence to accelerate transformation.

Likes