Lenovo 'optimistic' AI across product lineup will energize earnings

Chairman speaks freely yet dodges questions regarding business in Russia

20240523 lenovo

A Lenovo exhibit in Beijing in 2019. The PC maker has high hopes for artificial intelligence.

KENJI KAWASE, Nikkei Asia Chief business news correspondent

HONG KONG -- Lenovo Group, the world's largest maker of personal computers by volume, is counting on demand for artificial intelligence powering an earnings recovery, as it moves to embrace the technology across its lineup of devices and services.

Yan Yuanqing, chairman and CEO of the Chinese tech company, repeated several times during its annual earnings press conference on Thursday how "optimistic" he is about the prospects for AI. When asked specifically about any downside risks, not just from AI but for the company as a whole, he again stressed AI's bright future.

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