Lenovo Ranked #248 on the ‘FORTUNE Global 500’ List

HONG KONG - Lenovo has ranked#248 on FORTUNE’s annual Global 500 List and among the top 20 (#19) of all Technology sector companies cited in the List, according to the official website of Lenovo.

The Fortune Global 500 is the annual ranking of the largest 500 corporations worldwide as measured by total revenue. Although companies on the Global 500 posted near-flat, they still generated US$41 trillion in aggregate revenues in 2023, with a year-over-year increase of 0.1%.

This marks Lenovo’s 15th consecutive appearance on the Fortune Global 500 list, reflecting Lenovo’s sustained growth and leadership. Fueled by the company’s diversified growth engines, Lenovo achieved a historically high non-PC revenue mix of 45% in FY2023/24. Additionally, Lenovo is at the forefront of leveraging AI opportunities with its full-stack portfolio, strong ecosystem and partnerships, and hybrid AI capabilities. Lenovo’s continued commitment and investment in innovation, particularly in AI and computing, aligns with its focus on ‘Smarter AI for All’, reinforcing its leadership in the AI era.

Lenovo is set to announce its fiscal year 24/25 first quarter results on August 15, 2024, and will host its annual innovation event, Tech World, on October 15, 2024.