Lenovo Group Ltd S/Adr

Good morning, good afternoon, and good evening. Welcome to Lenovo's Investor and its webcast. This is Jenny Lai, Vice President of Investor Relations at Lenovo. Thanks everyone for joining us. Before we start, let me introduce our management team joining the call today. Mr. Yang Yuanqing, Lenovo's Chairman and CEO. Mr. Wong Wai-Ming, Group CFO. Mr. Ken Wong, President of Solutions and Services Group, Mr. Kurt Skaugen, President of Infrastructure Solutions Group, Mr. Luca Rossi, President of Intelligent Devices Group, Mr. Sergio Buniyak, President of Mobile Business Group, and President of Motorola. We will begin with Ernie's presentations, and shortly after that, we will open the call for questions. Now, let me turn it over to Yuanqing Yuanqing, please.

Hello everyone, and thank you for joining us.

Last quarter, the entire PC and mobile market experienced a severe downturn, as shown in the results of other players in our industry. Inevitably, Lenovo was largely impacted too. But with our diversified growth engines of infrastructure, solutions and services, Over 40% of our revenue now is driven by non-PC businesses. This also helped us to maintain solid profitability.