Lenovo 2015 Annual Report Download - page 10

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IN THE PAST YEAR,
WE TOOK BOLD
ACTION TO BUILD
AN EVEN STRONGER
FOUNDATION FOR OUR
FUTURE. NOW, WE ARE
READY TO TAKE THE
NEXT STEPS. LENOVO
WILL NEVER STAND
STILL. INSTEAD, WE
WILL BE BOLD AND
WILL LEAD THE NEXT
WAVE OF INNOVATIONS
THAT MAKE OUR
CUSTOMERS' LIVES
MORE PRODUCTIVE
AND MORE
ENJOYABLE.
Throughout our history, Lenovo has succeeded by combining a
clear focus on meeting our short-term commitments with a clear
understanding of the changes and investments needed to ensure our
long-term success. No fiscal year better illustrates Lenovo’s ability to
combine these two qualities than the one we just completed. Once
again, Lenovo delivered record performance across all product lines.
At the same time, we took bold action for the future, completing two
major acquisitions that further strengthen our company by building
new pillars for growth. We are now a stronger and more diversified
company that is well positioned to be a global technology leader for
years to come.
RECORD PERFORMANCE
During the past fiscal year, we again delivered record performance
across all our businesses. Our achievements include:
• Record shipments and revenue: We again set all-time records for
unit shipments and sales, with revenue of $46.3 billion. Lenovo
now sells almost 5 devices every second of every day – while
continuing to improve profitability.
• Completed two historic acquisitions: Lenovo successfully closed
deals to acquire both the x86 server business from IBM and
Motorola from Google. These deals immediately made Lenovo #3
worldwide in both x86 servers and in smartphones.
CHAIRMAN AND CEO STATEMENT
8Lenovo Group Limited 2014/15 Annual Report