Tech

Lenovo plans to add 12,000 new employees to the R&D team over the next three years


Lenovo has announced plans to hire 12,000 R&D professionals over the next three years to support research and development on the company’s “client-edge-cloud-network-Intelligence” IT architecture.

The new hires will complement the roughly 5,000 employees it made last fiscal year, the company said.

Some of the specific roles of these new employees, according to the Chinese PC maker, will include developing new products and business models, incubating technologies ranging from advanced computing to high-powered technology. can help businesses “take advantage of the metaverse and emerging and disruptive innovations like next-generation AI and heterogeneous computing”.

Chairman and CEO Yuanqing Yang laid out the plans as the company enters the new financial year. He said that R&D remains a priority for Lenovo and has taken the opportunity to reiterate the company’s commitment to double spending on R&D over the next three years.

“Our investment plan will revolve around the ‘Client-Edge-Cloud-Network-Intelligence’ architecture, with a three-pronged approach focusing on short, medium and long term return,” he said.

“Our aim is to optimize between technology with rapid market returns and foundational research, as well as between continuous improvement and disruptive innovation.”

In addition to its R&D commitments, Lenovo has announced a goal to become net-free by 2050. The company claims it has exceeded its 2020 emissions reduction target a year ahead of schedule. and has established science-based goals for 2030.

In its time Q3 resultsLenovo reports that cloud work, digital transformation, and hybrid work gave the company a sixth straight quarter of net income up more than 50%, with the company pulling in $640 million. in the period.

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