Lenovo ranked 217th on the FORTUNE Global 500 list

in 2023 August 2 – Lenovo ranked 217th in the annual FORTUNE ranking Global 500 list and in the top 20 (#16) of all companies in the Technology sector on the List.

The Fortune The Global 500 is an annual ranking of the world's 500 largest corporations by total revenue. Together, “The Global 500” companies in 2023 generated $41 trillion in revenue and $2.9 trillion in profits, and employs 70.1 million people worldwide. people, they are represented by 33 countries/territories and regions of the world.

Also, at the inauguration Fortune China 500 list Lenovo ranked 67th among China's 500 largest companies by revenue, released last week.

Lenovo was Fortune Global 500 for 14 years, a credit to the company's diversified growth engines, which continue to achieve new milestones and deliver solid results. The services-driven transformation is driving continued progress, increasing the non-PC revenue mix to its highest fiscal year level of nearly 40%. The company's performance last year reinforced its clear strategy and resilient performance even amid global uncertainty last year, as it will continue to invest in research and development to capitalize on the next wave of growth opportunities in the future.

Lenovo will announce its fiscal year 23/24 first quarter results in 2023. August 17

Godfrey Kemp

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