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Lenovo CEO Yang Yuanqing said in an interview: "WindowsThis is one of the reasons why the system has ushered in a wave of renewals and promoted consumption. Another reason is the optimization of operations, the recent decline in parts and components, not every manufacturer can convert parts and components into profit, Lenovo has done a good job of control. ”
Yang Yuanqing said that the upgrading of the Windows system has increased the consumer's desire to buy. In addition to this reason,MicrosoftOperations have been optimized and the price of parts has fallen into profit.
According to the financial report, Lenovo's revenue in the first quarter of the 19/20 fiscal year was 12.512 billion US dollars, quarterly revenue was 85.3 billion yuan, and profit before tax was 1.64 billion yuan, an increase of more than 113%. Net profit was 1.1 billion yuan, a year-on-year increase of more than 111%, and achieved year-on-year growth for eight consecutive quarters.
In addition, Lenovo's data center group revenue for the quarter was 1.356 billion US dollars, down 17% year-on-year. Yang Yuanqing said that in the past few quarters, too many infrastructures were built, and the price decline of some parts and components also led to the overall decline.