Lenovo Group’s new fiscal year swearing-in meeting entered South America for the first time. Sergio Buniac, Senior Vice President of Lenovo Group and President of Motorola, kicked off the 2023/24 fiscal year swearing-in meeting in Sao Paulo.
Lenovo’s transcript is attached:
In terms of personal computers (PCs): Lenovo Group has maintained the No. 1 market share in Latin America for two consecutive years, and has achieved positive revenue growth for five consecutive years; in the field of computers and smart devices (PCSD), its market share in Latin America has grown from 16% in 2017 to More than 20% today;
In terms of mobile business (Mobile): Lenovo Group has been occupying the second place in the Latin American market for the past 8 years, and its market share has doubled in the past 6 years. It occupies about 30% and 40% of the two important markets in Brazil and Argentina, respectively. Ranked second and first.
In terms of infrastructure solution business (ISG): Lenovo Group ranks third in Latin America, and its market share in key market Brazil is second.
In the Solution Services business (SSG): Significant growth in bookings and revenue in Latin America, Lenovo's market penetration increased by more than 50%.Buniac said that Lenovo Group will achieve an annual revenue of over US$10 billion in the Latin American market in the new fiscal year.
