Overview
- Chief financial officer Winston Cheng said Lenovo’s component inventory is roughly 50% above typical levels to navigate a tightening supply market.
- Cheng described memory price increases as unprecedented, attributing the surge to accelerating AI data-center demand.
- Lenovo says long-term agreements and its scale give it enough memory for all of 2026 and an edge in handling shortages.
- The company aims to avoid passing higher costs to customers this quarter, with potential pricing adjustments under review for next year.
- Industry signals point to continued strain as suppliers lift prices, Xiaomi warns of higher phone costs in 2026, and SMIC flags possible production constraints next year.