Computer manufacturer Lenovo posted sales of 11, 5 billion US dollars in the second quarter, an increase of seven percent in comparison compared to the same period last year. All business areas of the Lenovo Group are showing strong growth according to the business figures presented. The net profit is correspondingly high at 310 million dollars, an increase of 53 percent year-on-year. Lenovo particularly benefited from the fact that, as a result of the corona pandemic, work and study are more concentrated from home, as Lenovo announced on Tuesday in Hong Kong.

Yuanqing Yang, Chairman and CEO of Lenovo, interpreted the positive results of the second quarter with a certain pride: “Our record results for this quarter reflect our continuous commitment to meet the demands of the growing work, learning and leisure economy. “In particular, sales of software and services have risen to a new record high. He sees Lenovo well positioned and equipped for the future. The world would continue to adapt to the” new normal. ” Providing cloud infrastructure. Lenovo wants to further expand its potential in order to grow sustainably.

High growth in devices, software and services Lenovo’s Intelligent Devices Group (IDG) has record sales in the PC and Smart Devices Group (PCSD) area of ​​11, $ 5 billion on an eight percent year-over-year increase. In addition to the trend towards home office and learning from home, Lenovo’s focus on fast-growing and higher-priced segments also contributed to the quarterly growth reaches the previous year’s level again. From the first to the second quarter, sales increased by 39 percent. In North America, Lenovo’s growth was further consolidated, and in Europe and the Asia-Pacific region, growth picked up.

The Data Center Group (DCG) posted sales growth of 11 percent year-on-year. The DGC now contributes 1. 48 billion dollars to total sales.

In the Intelligent Transformation division, growth fell in the second Quarter is particularly high: Sales in the Smart Internet of Things grew by 36 percent, in Smart Infrastructure by 21 percent and smart verticals by 72 percent year-on-year. The software and services division saw sales increase by 39 percent to $ 1.2 billion. This area now accounts for 8.5 percent of Group sales.

Lenovo looks to the future for the second half of the year, despite the possible effects of the corona pandemic on production and supply chains. (olb)