Media365
Lenovo Group, the world’s largest personal computer maker, is betting that its own artificial intelligence agent will help grow its AI-powered consumer electronics business, even as the industry faces a global memory chip supply crunch.
Chairman and CEO Yang Yuanqing on Thursday said the company would globally launch in January its “personal AI super agent”, which would leverage AI models to anticipate a user’s intentions via “portable devices and personal trusted computing hubs”.
Beijing-based Lenovo’s initiative in AI agents – software programs designed to autonomously perform tasks on behalf of a user or another system – forms part of its broader “hybrid AI” strategy for consumers and enterprises.
The company on Thursday reported better-than-expected revenue of US$20.5 billion in its financial second quarter ended September 30, up 15 per cent from US$17.8 billion a year earlier. It claimed that sales reached a record high, surpassing the previous peak set during the pandemic.
That was driven by “high-double-digit revenue growth in AI servers and triple-digit revenue growth in AI PCs, AI smartphones and AI services”, the company said in a statement.
Net profit slid 5 per cent to US$340 million from US$359 million a year ago.
Yang downplayed the potential impact on Lenovo of a global surge in memory chip prices, which had put increased pressure on manufacturers of consumer electronics devices. He said the company had enough components.
