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Amid Digital Innovation Push, Lenovo Hops On AI Server Manufacturing Bandwagon In India
Inc42
·
10m ago
Medial
Lenovo has expanded its production beyond laptops and smartphones by starting to build AI servers in southern China. The move follows the company's evaluation of manufacturing servers in India earlier this year. Lenovo is looking to take advantage of the production-linked incentive (PLI) scheme for IT hardware, which was introduced last year to encourage domestic production by offering incentives to manufacturers.
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Lenovo Puducherry PC plant to manufacture GPU-based servers in next two quarters
Economic Times
·
8m ago
Medial
Lenovo is set to manufacture GPU-based servers at its PC plant in Puducherry, serving as an export base. The company's subsidiary, Motorola, already produces all its phones in India and exports 1.5 million devices. Lenovo's Bengaluru lab is one of four global facilities dedicated to server innovation and artificial intelligence (AI) development. The company aims to reduce its import bill and encourage local manufacturing. Lenovo currently generates all its revenue for PC sales in India through its website. The company sees AI as crucial for improving supply chain management and marketing.
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Lenovo starts AI server production in Puducherry
Inshorts
·
10m ago
Medial
Amid India rapidly pushing its growth to become a leading artificial intelligence hub, Chinese technology major Lenovo has reportedly started building AI servers in the country’s southern pocket, moving beyond products such as laptops and smartphones. According to Bloomberg’s report, the company has kicked off manufacturing large and powerful computers in Puducherry.
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Lenovo eyes PC designing in India to complete manufacturing stack, says MD Shailendra Katyal
Economic Times
·
10m ago
Medial
Lenovo, the Chinese technology company, is considering designing personal computers (PCs) in India to benefit from local talent and complete its manufacturing operations in the country. Currently, Lenovo already manufactures desktops, PCs, and smartphones locally in India. Shailendra Katyal, Managing Director of Lenovo India, expressed that the only missing aspect is PC design, and they could leverage Indian talent for that as well. Lenovo recently announced plans to manufacture AI servers in India, with the Puducherry facility producing 50,000 AI rack servers and 2,400 high-end GPU units annually.
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Foxconn Chairman Young Liu receives Padma Bhushan; to visit India this year
Economic Times
·
1y ago
Medial
Foxconn Chairman Young Liu, awarded the Padma Bhushan, expressed his intention to visit India this year. This comes amid ongoing allegations of discrimination at Foxconn's factories in Sriperumbudur. The award highlights the government's recognition of Foxconn's presence and growth in India. The company is expanding its iPhone production facility, setting up a chip plant in a joint venture with HCL Group, and contemplating AI server manufacturing. Additionally, reports suggest Foxconn will work on Google Pixel phones in India.
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Lenovo India surpasses $2 billion revenue, expands AI and manufacturing focus
Economic Times
·
5m ago
Medial
Lenovo's India revenue surpassed $2 billion in FY25, buoyed by growth in Motorola handsets, PCs, and data center servers. The company saw a 58% year-on-year revenue increase and reached an 8% market share in India for Motorola phones, which are now exported globally. Lenovo plans to intensify its focus on AI with a new AI Centre of Excellence and increase local manufacturing of AI servers and PCs, leveraging India as a hub for future developments.
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5 automation stocks with ho-hum returns that deserve to be on your watchlist
Livemint
·
1m ago
Medial
Despite recent margin pressures and low order inflows, five automation companies in India, including ABB India, Siemens, Persistent Systems, Tata Elxsi, and Honeywell Automation, are well-positioned to benefit from the country’s push for self-reliance in manufacturing and digital infrastructure. As India aims to become a global manufacturing and technology hub, driven by initiatives like ‘Make in India,’ these companies are expected to capitalize on the growing demand for automation across sectors.
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AI PCs to help clock double-digit sales growth: Lenovo's Matthew Zielinski
Economic Times
·
1y ago
Medial
Artificial intelligence-enabled personal computers (AI-PCs) with localized language models could lead to a 30% increase in user efficiency, according to Matthew Zielinski, President of International Markets at Lenovo. These AI-PCs, when moved from the cloud to individual devices, could make the technology more affordable and accessible to average users. The laptop market is forecasted to grow by up to 9% this year, with the potential for double-digit growth if companies can capitalize on the AI-PC trend. Lenovo sees India as a top priority and aims to expand manufacturing in the country.
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Accel Raises $650 Million Fund to Back Start-Ups in AI, Fintech, and More
OutlookIndia
·
6m ago
Medial
Accel has raised a $650 million early-stage fund aimed at supporting start-ups in AI, fintech, manufacturing, and consumer sectors. The venture capital firm plans to empower founders to address real-world challenges and create impactful global solutions. With a focus on digital adoption in India, Accel aims to fund category-defining businesses leveraging AI talent, fintech innovation, and next-gen manufacturing technologies. Their goal is to contribute significantly to India's economic growth and global market presence.
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Chinese checkers: How PC maker Lenovo stayed safe
Livemint
·
8m ago
Medial
Lenovo, a Chinese electronics company, has avoided scrutiny and legal actions in India that other Chinese companies like Xiaomi and Vivo have faced. Lenovo has been able to stay under the radar by maintaining good compliance, paying taxes, and having no security incidents related to the company. Additionally, Lenovo has invested in local manufacturing in India, which has helped them build trust and avoid allegations of funds being siphoned or tax evasion. Lenovo's focus on being a global brand, rather than solely a Chinese-owned company, has also contributed to its ability to maintain a positive reputation in India.
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'Made in India' Chinese phones ring overseas
Economic Times
·
1m ago
Medial
Chinese smartphone and electronics companies are increasingly exporting from India to markets like West Asia, Africa, and the U.S. This shift is due to increased local manufacturing, government encouragement, and geopolitical factors. Oppo and Realme are among those benefiting, with others like Lenovo and Hisense planning similar moves. The development reflects broader strategic changes amid heightened scrutiny and the need for diversified supply chains. Some export efforts are supported by India’s production-linked incentive (PLI) scheme.
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