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LENOVO GROUP CFO Envisions Sufficient Memory Inventory for 2FH, Confident in Pricing Capabilities
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Amid the global AI investment boom, a shortage has occurred in memory supply, and there have been rumors that many manufacturers have significantly raised prices for memory chips and other products. Winston Cheng, LENOVO GROUP (00992.HK)'s Senior Vice President and CFO, said he had observed a rise in raw material prices, but the company is confident in its supply chain capabilities and has already secured a safer inventory level in advance, with little change in inventory over recent quarters. Cheng disclosed that the current inventory is fully sufficient for use in 2FH, as LENOVO GROUP has established good relationships with major suppliers and signed long-term contracts to ensure a stable raw material supply. When asked whether rising memory prices might compress LENOVO GROUP's GPM and force the company to hike prices, Cheng answered that the ability to secure raw material supply already indicates pricing power, with which the company might be able to enhance product profit margins, though it would depend on actual market conditions. Notably, he did not directly respond to whether future product prices would increase. AAStocks Financial News |
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