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.
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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.
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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.