Asia
Lenovo Raises PC Outlook for 2025 After Strong Earnings
- CEO expects global PC shipments to grow double digits in 2025
- Quarterly profit, revenue both increased at double-digit pace
This article is for subscribers only.
Lenovo Group Ltd. hiked its projection for global PC shipments in 2025 after posting better-than-expected earnings, saying AI features will help boost growth next year.
The overall PC market will expand in the current quarter, Lenovo’s Chief Executive Officer Yang Yuanqing told Bloomberg News after earnings on Friday. He raised his outlook for global shipments in 2025 to double-digit percentage growth, up from a previous forecast of 5% to 10%, citing demand for AI PCs and the replacement cycle facilitated by Windows 11.