People Will Continue Working From Home Even After COVID-19, Says Lenovo COO

Lenovo’s PC manufacturing in China was one of the first in the industry to “resume full production” after the COVID-19 pandemic and achieved “daily, weekly and monthly production records in March,” said CEO Yang Yuanqing on a quarterly call Tuesday. “This helped us meet the strong PC demand, driven by work from home and study at home due to the lockdown.” Lenovo’s PC volume for the year “outgrew the market” by more than 4 percentage points, helped by an 18% sales volume increase in North America, he said. The “clear trend” during global shelter-in-place orders is toward “one PC per person” from one or two per family, said Chief Operating Officer Gianfranco Lanci. “This is going to last,” because people “will continue to work from home even after the crisis,” he said.