Lenovo Stock: Becomes Equipment Supplier for Asian Games - Börse Express
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Lenovo is focusing on the Asian sports sector for the international marketing of its IT solutions. This Monday, Lenovo Japan announced its support for the 20th Asian Games and the 5th Para Asian Games as an official equipment supplier. As part of the agreement as a so-called Tier 4 supplier, the company will provide PC equipment as well as accompanying services and solutions for the competitions. Already yesterday, the technology group also agreed on a partnership with the Olympic Council of Asia. The goal of this cooperation is to help shape the future of technology-supported sports. By using modern computer systems at major events, the company demonstrates the performance of its systems to a global audience. The expansion of partnerships comes during a phase of noticeable operational upswing. On Friday, the stock gained 9.3 percent and closed at 4.19 euros. This means the stock is trading just below its 52-week high of 4.21 euros. The operational basis for this momentum was provided by the first fiscal quarter of 2026/27. In this three-month period, group revenue climbed by 43 percent year-on-year to 26.9 billion US dollars. Adjusted net profit simultaneously increased sharply, exceeding the billion-dollar mark for the first time at 1.1 billion US dollars. The significant acceleration of business is primarily due to the persistently high demand for modern data center...
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