Lenovo sets sights on $100b revenue with all-in hybrid AI push

Lenovo said it will fully advance the implementation of its hybrid artificial intelligence strategy and march toward $100 billion in annual revenue in the next two years, as the global technology giant embarks on a new chapter in its AI transformation.

"From this moment on, Lenovo will become an AI-native company," Yang Yuanqing, chairman and CEO of Lenovo, said at the company's 2026 to 2027 fiscal year kickoff event in China on Wednesday.

The just-concluded 2025 to 2026 fiscal year marked the first year of Lenovo's "AI Decade", the company said. Despite headwinds, including global tariff fluctuations, component supply shortages and geopolitical tensions, Lenovo is on track to deliver its best-ever financial performance, with annual revenue expected to exceed 560 billion yuan ($81.2 billion).

"Lenovo is the pioneer of hybrid AI," Yang said. "We are at the heart of the ecosystem, holding the key touchpoints with end users."

He added that Lenovo's global scale and resilient operations allow it to turn challenges into opportunities — expanding market share and sharpening its competitive edge even amid tariff volatility, memory shortages and rising costs.

Under the new two-year roadmap, Lenovo aims to accelerate the mass adoption of AI, driving both revenue growth and profitability. Achieving the $100 billion revenue target would mark a major milestone in what Yang described as the company's fifth entrepreneurial venture.

"Three decades ago, we aspired to put a computer in every home and every hand — and we made it happen," Yang recalled. "Today, we have a new mission: to bring AI into every home, every business, and every industry."