Lenovo and Chongqing Municipal Government Invest in 5G Cloud Network Headquarters

 Beijing, August 29, 2019 –  During the 2nd Smart China Expo (SCE), Lenovo Chairman and CEO Yuanqing Yang announced that the company signed a strategic cooperation framework agreement with the Chongqing Municipal Government.

Lenovo will invest in the construction of the 5G Cloud Network Convergence Headquarters in Chongqing, including the 5G Business and Program Headquarters which will employ more than 1,500 employees in the next five years. In the future, Lenovo will build a 5G R&D, application, delivery and demonstration center, and plans to build a 5G intelligent equipment manufacturing base based on the local business development.

In addition, Lenovo will create a national-level joint laboratory in Chongqing to build an information technology talent training system that combines production, education and research. Lenovo will also work with Chongqing to demonstrate how an industrial-based city collaborates with business in bringing intelligence to seven areas including: manufacturing, transportation, and parking.

“Chongqing is a new highland on the map of China’s intelligent technology industry. The signing of the strategic cooperation framework agreement allows Lenovo and Chongqing to fully expand and deepen cooperation areas,” said Yuanqing Yang, Lenovo Chairman and CEO. “We are confident and looking forward to the upcoming 5G Cloud Network Convergence Headquarters. Lenovo has all the essential assets needed for intelligent transformation. We will fully support the upgrade of traditional industries and empower technological innovations with the accumulated experience and capabilities in our own intelligent transformation practices.”

SCE focuses on “Smart Technology: Empowering Economy, Enriching Life”, and examines the latest global advancements in intelligent technologies, such as artificial intelligence (AI), big data, cloud computing and 5G. Lenovo has built expertise in investing and deploying in the 5G area with applications for more than 500 patents in 5G standards. Lenovo released the first 5G smart phone and plans to be the first company in the industry to release 5G PCs.

About Lenovo

Lenovo (HKSE: 992) (ADR: LNVGY) is a US$50 billion Fortune Global 500 company, with 57,000 employees and operating in 180 markets around the world. Focused on a bold vision to deliver smarter technology for all, we are developing world-changing technologies that create a more inclusive, trustworthy and sustainable digital society. By designing, engineering and building the world’s most complete portfolio of smart devices and infrastructure, we’re also leading an Intelligent Transformation to create better experiences and opportunities for millions of customers around the world. To find out more, visit https://www.lenovo.com, follow us on LinkedInFacebookTwitterYouTubeInstagramWeibo and read about the latest news via our StoryHub.

LENOVO is a trademark of Lenovo. All other trademarks are the property of their respective owners. ©2019, Lenovo Group Limited.

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