Lenovo 2016 Annual Report Download - page 43
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41
2015/16 Annual Report Lenovo Group Limited
FUTURE PROSPECTS
These fundamental changes the Group has made will
position the company as a faster and stronger global
company. This in turn will drive sustainable growth
in revenue and profit amidst strong competition and
market changes. Lenovo will continue to invest in
areas it believes are important to its future success.
Lenovo remains fully committed to its protect and
attack strategy, supported by its proven execution
capabilities, to lead the Group on its ongoing journey
towards building a respected global tech leadership
position in every business the Group enters and to
drive profitable growth that, in turn, creates better
value for shareholders.
Looking forward, the markets where the Group is in will remain challenging in the short term. The Group
is seeing the benefits of its strategic actions. The efficient organization structure, coupled with the
competitive cost structure across all of its businesses, together with its solid execution, positions the
Group well to drive its growth even in the current challenging market environment.
In order to drive stronger innovation, more customer-centric products and experiences and faster growth,
the Group has aligned its organizational structure since the start of the new fiscal year.
• PC and Smart Device Business Group: Consisting of its core PC business as well as slate tablets,
detachables, gaming and other smart devices.
• Data Center Group: By reorganizing and renaming this group, it will now be able to be faster, more
nimble and more disruptive, particularly by leveraging relationships with an array of key partners.
• Mobile Business Group: Focusing on smartphones, this business has two sub-groups. One focuses
on China, where it is rebuilding its business to win in the world’s largest market. The other focuses on
continuing its strong growth in emerging markets and breaking through in mature markets.
• Lenovo Capital and Incubator Group (LCIG): As part of its innovation focus, this group will drive
innovation through investment in startups and exploring new technologies