Global technology and innovation leader Lenovo is gearing up for another big year following its stellar performance during fiscal year 2018-19, which saw the company once again claiming the top spot in worldwide PC shipments. This is a feat driven by significant growth largely coming from sales in its consumer division.
Lenovo’s recently concluded fiscal year reveals that the company’s revenue reached an all-time high of $51 billion, up 12.5% YOY, with company net income reaching $597 million. A strong fourth quarter performance also led to double-digit growth with revenue coming from its PC and Smart devices amounting to $38.5 billion, making Lenovo the #1 PC company in the world with a record market share of 23.4% for the fiscal year while also becoming the fastest-growing among the top five players (+9.5% YOY).
“Lenovo’s solid performance reflects the continuous efforts on our strategies to put the customer at the core of our business. In today’s world, we focus on enabling them to thrive through the process of ‘intelligent transformation’ by continuing to provide innovative technology whose features can perform in a wide variety of tasks, whether for gaming, entertainment, work, and everything in between,” said Lenovo Philippines Country General Manager Michael Ngan.
The rise of Lenovo Legion
A critical factor in Lenovo’s growth surge is its Legion gaming lineup which started 2019 in the Philippines with a bang. This year saw the opening of the first exclusive Legion Concept Store in SM City North EDSA, and shortly after, Legion was a co-presenter of GameCon 2019, one of the country’s biggest gaming conventions.
Boosted with the release of new devices and the formation of the Legion PH community, the Legion lineup is now the fastest-growing gaming notebook brand in the country per monthly brand share statistics from GFK. Moreover, Legion is the only brand to post consecutive growth since December 2018. Globally for the whole FY18/19, Lenovo posted Gaming PC revenue growth of 19.4% YTY and saw premium to market growth in both revenue and shipment.
To sustain this, Legion is strengthening its lineup with new devices. With complete immersion as the name of the game when it comes to modern gaming, the new Legion lineup is set to provide just that, with devices equipped with the latest graphics cards and processors for a truly immersive gameplay.
A GAMING BEAST. With NVIDIA® GeForce RTX™ 2060 graphics card and 9th Generation Intel® Core™ i7-9750H Processor, the Legion Y740 is a gaming beast that can handle today’s graphics-demanding games with ease.
Bannering the upcoming products is the gaming beast Legion Y740 with its NVIDIA® GeForce RTX™ 2060 graphics card and 9th Generation Intel® Core™ i7-9750H Processor. Intel says this will provide gamers 56% higher frames per second and 38% faster game turn times while content creators will enjoy a 54% speed boost when editing 4K videos. Wrapped in all-aluminum chassis and thin bezels, the Y740 breaks the convention of what gaming devices look like with its sleek design. It is available for PHP 119,995.