MORRISVILLE – Lenovo has big hiring plans for its research and development efforts, disclosing plans on Monday in Hong Kong to hire 12,000 what it called “R&D professionals” over the next three years.
“My vision for Lenovo’s innovation is to become one of the world’s leading ICT [information and communications] companies, a pioneer and enabler of intelligent transformation,” said Chairman and CEO Yuanqing Yang in a statement. “Our investment plan will center around the ‘Client-Edge-Cloud-Network-Intelligence’ architecture, with a three-track approach to focus on short-, medium- and long-term payback. Our intention is to optimize between technology with quick market returns and foundational research, and between continuous improvement and breakthrough innovation.”
Lenovo already has nearly 300 open jobs in the Triangle, according to WRAL TechWire’s Jobs Report.
The news came during Lenovo’s annual kick-off event, a tradition of the company. Lenovo maintains dual headquarters in Beijing and Morrisville. Its stock is traded in Hong Kong.
The world’s largest computer manufacturer has continued to expand and evolve as a tech firm under Yang’s guidance which dates back to 2001. Lenovo employs more than 71,000 people worldwide, including some 2,500 in the Triangle.
A boost in hiring comes after Yang disclosed recently to double the company’s investment in R&D. Some 5,000 R&D jobs were filled over the last year, according to Lenovo.
“The intensified commitment to innovation, underpinned by Environmental, Social, Governance (ESG) commitments, comes as Lenovo continues its transformation from a devices company to a global technology powerhouse that also includes services and solutions,” Lenovo said in Monday’s announcement.
Lenovo also said the company plans to improve its sustainability efforts in order to become “net-zero” in energy use by 2050.