Lenovo ranked 224th on the ‘FORTUNE Global 500’ List

10 August 2020
Lenovo has ranked #224 on FORTUNE’s annual Global 500 List and in the top 20 (#18) of all Technology sector companies cited in the List. The Fortune Global 500 is the annual ranking of the largest 500 corporations worldwide as measured by total revenue.
Together, companies on The Global 500 generated US$33.3 trillion in revenues and US$2.1 trillion in profits in 2019, employ 69.9 million people worldwide and are represented by 32 countries.The ranking follows a year of strong growth for the company, including revenue for the fiscal year of nearly US$51 billion and record high profit. The company is focused on delivering sustainable growth it a challenging global environment, through both its core businesses as well as new services and solutions opportunities presented by its service-led intelligent transformation.Lenovo reports its fiscal year Q1 results on 13th August 2020.