{"id":71275,"date":"2025-08-29T07:35:41","date_gmt":"2025-08-28T23:35:41","guid":{"rendered":"http:\/\/www.upgrademag.com\/web\/?p=71275"},"modified":"2025-08-24T15:37:25","modified_gmt":"2025-08-24T07:37:25","slug":"lenovo-jumps-52-spots-to-196-on-fortune-global-500-list-following-strong-fy2024-25-performance","status":"publish","type":"post","link":"http:\/\/www.upgrademag.com\/web\/2025\/08\/29\/lenovo-jumps-52-spots-to-196-on-fortune-global-500-list-following-strong-fy2024-25-performance\/","title":{"rendered":"Lenovo jumps 52 spots to #196 on \u2018Fortune Global 500\u2019 list following strong FY2024\/25 performance"},"content":{"rendered":"<p><strong>Lenovo has climbed 52 spots to #196 on Fortune\u2019s annual Global 500 List and is ranked #13 among the companies featured in the Technology sector. This achievement marks Lenovo\u2019s 16th year on the Global 500, highlighting it as one of the world\u2019s 500 largest companies by revenue, with its highest ranking in the Technology sector to date. The rise in ranking reflects Lenovo\u2019s strong FY2024\/25 annual revenue, the second highest in its history, which saw revenue up 21% year-on-year to US$69.1 billion and net income up 36% to US$1.4 billion on a non-Hong Kong Financial Reporting Standards basis.<\/strong><\/p>\n<p>Lenovo\u2019s outstanding performance was not only driven by its focus on executing a clear diversified growth strategy, but also its end-to-end integrated global operations, ODM+ manufacturing model, and global resources\/local delivery model. Over the past 20 years of operating a global business, Lenovo has established a manufacturing footprint that boasts 30+ manufacturing sites (either in-house or outsourced) in 11 different markets around the world. The combination of these gives Lenovo maximum flexibility and resilience to navigate through uncertainties and be more adaptive to the macro market conditions.<\/p>\n<p>Additionally, Lenovo continues to prioritize investment in innovation, with R&#038;D expenses up 13% year-on-year for the past fiscal year. This commitment drove key milestones in its hybrid AI strategy, reinforcing its focus and readiness in the AI decade.<\/p>\n<p>Lenovo will report its FY2025\/26 first quarter results on 14 August, 2025.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>This achievement marks Lenovo\u2019s 16th year on the Global 500, highlighting it as one of the world\u2019s 500 largest companies by revenue, with its highest ranking in the Technology sector to date. The rise in ranking reflects Lenovo\u2019s strong FY2024\/25 annual revenue, the second highest in its history, which saw revenue up 21% year-on-year to US$69.1 billion and net income up 36% to US$1.4 billion on a non-Hong Kong Financial Reporting Standards basis.<\/p>\n","protected":false},"author":6,"featured_media":46413,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[19],"tags":[368,312],"class_list":["post-71275","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-headlines","tag-award","tag-lenovo"],"_links":{"self":[{"href":"http:\/\/www.upgrademag.com\/web\/wp-json\/wp\/v2\/posts\/71275","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/www.upgrademag.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.upgrademag.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.upgrademag.com\/web\/wp-json\/wp\/v2\/users\/6"}],"replies":[{"embeddable":true,"href":"http:\/\/www.upgrademag.com\/web\/wp-json\/wp\/v2\/comments?post=71275"}],"version-history":[{"count":1,"href":"http:\/\/www.upgrademag.com\/web\/wp-json\/wp\/v2\/posts\/71275\/revisions"}],"predecessor-version":[{"id":71276,"href":"http:\/\/www.upgrademag.com\/web\/wp-json\/wp\/v2\/posts\/71275\/revisions\/71276"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/www.upgrademag.com\/web\/wp-json\/wp\/v2\/media\/46413"}],"wp:attachment":[{"href":"http:\/\/www.upgrademag.com\/web\/wp-json\/wp\/v2\/media?parent=71275"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.upgrademag.com\/web\/wp-json\/wp\/v2\/categories?post=71275"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.upgrademag.com\/web\/wp-json\/wp\/v2\/tags?post=71275"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}