Chinaz.com note: 24, Lenovo released 2018 earnings report, and again responded to the “5G standard voting storm” at the performance note meeting. Yang Yuanqing responded that Lenovo’s usual practice is to provide consumers with the best technology as the standard. In response to this problem, Yang Yuanqing had previously responded to a circle of friends, saying that it was simply a vote on technical standards and called “patriotic I absolutely stand up to the test.”
In the performance briefing, Yang Yuanqing also responded to Lenovo’s Hang Seng Index and Lenovo Mobile strategy. According to the financial report, the total operating income of Lenovo Group in the fiscal year was $45 billion 400 million, an increase of 5% over the same period last year, with a net loss of $189 million. In order to turn losses into profits, Lenovo has already saved 30% of the cost through restructuring and other means.
As for Lenovo’s index of the Hang Seng Index, Yang Yuanqing responded with no concern, saying that Lenovo just wanted to do well in the first place and to do business in a down-to-earth manner. Yang Yuanqing said Lenovo has recently been attacked by Internet rumors, but the truth will be more clear, and he calls on associates to focus on business, to serve good customers and to give the most powerful retaliation to rumours with thriving performance.