Analyst Commentary

Lenovo’s DCG remains on an upward trajectory, achieving double-digit revenue gains in 4Q17

Lenovo’s Data Center Group (DCG) continues to experience positive momentum in its top line, with revenue increasing a staggering 17% year-to-year in 4Q17 to $1.2 billion, following five consecutive quarters of year-to-year declines. TBR believes much of DCG’s success can be seen in its domestic market of APAC, where the vendor reported double-digit year-to-year gains. Although its success was concentrated in APAC in 4Q17, we note that gains were also experienced in North America and Europe, and anticipate that accelerated gains will spread glob...

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