Sino-Singapore Jingwei Client, April 14 (Chang Tao) On April 14, Lenovo Group Chairman and CEO Yang Yuanqing said at the Lenovo Group ’s 2020/21 fiscal year oath meeting that at present, Lenovo ’s domestic factories, including Wuhan, All have resumed production, and have been fully produced. In addition, he proposed Lenovo's goal for the next ten years: to build services and solutions into new core competitiveness. For the mobile business, Yang Yuanqing expressed "hope to achieve profitable growth."

Yang Yuanqing, Chairman and CEO of Lenovo Group Source: Lenovo

In the past year, Yang Yuanqing said that from the whole year, the epidemic has affected Lenovo's performance in the fourth fiscal quarter, coupled with the impact of the Sino-US trade war on the business in the first half of the year, and the CPU shortage throughout the year. However, most of the "four small goals" that are of great significance to strategic transformation have been achieved by Lenovo. "Last year's goal was unsatisfactory. External and internal factors, we all need to review carefully. Only by facing the problems, benefiting, eliminating disadvantages, and making timely adjustments, can we become the strong grass in the wind and the real gold in the fire." Yang Yuanqing said.

Yang Yuanqing said that the impact on Lenovo ’s industry is not the worst. There is no cliff-shaped decline for the time being, and Lenovo ’s own cash position is also good. However, once the global epidemic continues for a long time, the impact of the economic downturn will inevitably affect various industries, Lenovo must make the most difficult preparations. Yang Yuanqing proposed, "We must speed up collections and invest prudently to ensure sufficient cash liquidity."

Yang Yuanqing said that in the next ten years, Lian wants to build services and solutions into Lenovo's new core competitiveness. "Customers around the world keep telling us that what they need is no longer just hardware equipment, they need a complete solution including IoT devices, infrastructure and intelligent applications, and they need to include consultants, implementation, operation Comprehensive service including dimension maintenance. Customer orientation made us decide to focus our attention on services and solutions. "

Yang Yuanqing hopes that Lenovo ’s PC business will be able to get rid of the chasers behind, further consolidate its position as a global champion, and continue to maintain industry-leading profitability; the mobile business can find new paths to profitable growth; Among the smart devices and solutions such as PC and AR / VR, at least two can achieve breakthroughs and double their scale; the overall turnover of the software and service business has increased by 20% year-on-year. (Sino-Singapore Jingwei app)

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