Original title: what do you think? Lenovo denies subsidizing US consumers with Chinese income
Recently, Lenovo Group announced its fourth quarter results and annual results as of March 31, 2019. Among the top five PC manufacturers, Lenovo ranked first with an annual growth rate of nearly 10%. According to the Financial Association, Yang Yuanqing, chairman and CEO of Lenovo Group, denied that Lenovo was subsidizing American consumers with China's income.
Although at the meeting, Yang Yuanqing denied that Lenovo was subsidizing American consumers with China's income, Yang Yuanqing said that from the perspective of business layout, more than 70% of Lenovo's business is overseas, and less than 30% of Lenovo's business is domestic. However, many people in the industry believe that China still contributes the most to Lenovo's profits, but.
From the perspective of personnel, 60-70% of Lenovo's personnel are located in China, while only 30% overseas, which is a typical "made in China" and "made in China" covering the global market. However, it has to be mentioned that Lenovo is still an assembly family and does not need to do operating systems and chips. It lacks its own core technology and competitiveness, What do you think about Lenovo's denial of subsidizing American consumers with Chinese income?