After having onboarded 5,000 professionals in the financial year 2021-22, Lenovo is all set to expand its research and development (R&D) team by 12,000 in the coming three years.
The global tech products manufacturer is going to make R&D the priority in 2022-23, and is also doubling its investment in the area. All R&D will revolve around new and emerging technology and IT architecture, from edge computing to metaverse.
The Fortune Global 500 tech company hopes to become net-zero by 2050, and is actively working with the ‘Science Based Target’ Initiative to steadily progress towards achieving this goal.
With the intention of optimising tech to ensure rapid returns, and to continuously improve and innovate, Lenovo’s teams will work on new products and innovations that will help businesses leverage the metaverse.
The Company intends to progress in the areas of next-generation artificial intelligence and other disruptive innovation. It is endeavouring to go beyond being a mere devices company, to a powerhouse of global tech, services and solutions.
The company reportedly shipped about six million devices from its manufacturing plant and factories — run with the help of partners— in India.
In August 2021, Lenovo had revealed plans to expand manufacturing, for which it had decided to include a third line at its Puducherry plant. It has already started manufacturing tablets locally, from its plant in Tirupati, Andhra Pradesh, run with the help of partner firm, Wingtech.