Lenovo Yang Yuanqing: I expect to see AI phones and AI computers next year.

According to CTOnews.com news on August 17, Lenovo today announced the results of the first quarter of fiscal year 2023 for the year ending June 30, 2023: revenue of 90.3 billion yuan and net profit of 1.33 billion yuan.

Yang Yuanqing, chairman and CEO of Lenovo Group, issued an internal letter after the announcement of the financial results, announcing that he would invest more than 7 billion yuan in the next three years to accelerate the deployment of artificial intelligence technologies and applications around the world.

Yang Yuanqing said at the media conference that with the development of artificial intelligence, especially the outbreak of AIGC, it will promote the upgrading of smart devices. He believes that this year will not have much impact, next year will certainly be a revolutionary impact to promote the upgrading of computers, he expects to see AI mobile phones and computers next year.

Tuyuan Pexels according to previous reports from CTOnews.com, Intel CEO Pat Gelsinger said that its upcoming Meteor Lake 14 Kerry processor will usher in the era of AI PC (artificial intelligence computers).

"We believe that Intel is well prepared to seize this emerging growth opportunity," Gelsinger said on a previous Q2 earnings conference call. "importantly, we see AI PC as a key turning point in the PC market in the next few years, comparable to the importance of Centrino and Wi-Fi."

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Lenovo Yang Yuanqing: an additional 7 billion yuan will be invested in AI technology and applications in the next three years.