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Lenovo tries to future-proof itself with $1.2bn for AI, other tech

Chinese PC maker has a four-year plan to change with the times

Lenovo aims to raise the contribution of smartphones and other new businesses to 50% of total sales, from 30%.

TOKYO Chinese PC titan Lenovo Group will invest more than $1.2 billion into artificial intelligence, the internet of things and big data over the next four years, according to Chairman and CEO Yang Yuanqing.

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