Global Supply Chain Disruptions: Reliance on complex global supply chains exposes Lenovo to risks from component shortages, logistics delays, and geopolitical tensions impacting manufacturing and distribution.

Intense Market Competition: Lenovo operates in highly competitive PC, smartphone, and data center markets, leading to pricing pressures, margin erosion, and the need for continuous innovation to maintain market share.

Geopolitical and Trade Tensions: Escalating trade disputes, tariffs, and technology restrictions, particularly between the U.S. and China, could limit market access, increase costs, and disrupt operations.