Dubai, United Arab Emirates,June 2026: Lenovo has signed a Memorandum of Understanding MoU with National Housing Company Innovation to establish a framework for collaboration supporting the Kingdom’s evolving housing and digital infrastructure landscape.
The agreement sets out a foundation to explore cooperation across advanced technologies, including artificial intelligence (AI), data science, advanced data centers, research and development, and specialized training programs.
As part of this collaboration, both parties will assess how AI and data-driven solutions can enhance housing services and improve efficiency, building on Lenovo’s expertise in delivering AI-powered technologies and infrastructure to support digital transformation across key sectors in the Kingdom.
The MoU also creates a pathway to assess opportunities for innovation and R&D, leveraging Lenovo’s expanding capabilities in Saudi Arabia to develop solutions aligned with national priorities and the evolving needs of the housing sector.
A key pillar of the collaboration is training, knowledge transfer, and Saudi talent enablement, with both parties exploring specialized programs in AI, data science, and engineering. This builds on Lenovo’s ongoing graduate initiatives that provide hands-on training and global exposure, directly supporting its broader investments in the Kingdom, including local manufacturing capabilities in Riyadh, where Saudi talent will play a central role in driving operations, innovation, and long-term capability building.
Through this framework, Lenovo and National Housing Company Innovation share a vision to deliver sustainable, long-term value supporting innovative housing solutions, enhanced service delivery, and improved quality of life across Saudi communities, directly contributing to Vision 2030 goals.
Lawrence Yu, Chief Strategy and Business Development Officer, Lenovo, META, said:
“This memorandum reflects a shared vision between Lenovo and National Housing Company Innovation to build a strong foundation for long-term collaboration that delivers sustainable value for the Kingdom. By combining advanced technologies including AI, data infrastructure, and innovation capabilities with a strong focus on knowledge transfer and talent development, we aim to support smarter, more efficient housing solutions. Through our continued investments in Saudi Arabia, from manufacturing and R&D to talent development, we are committed to strengthening local capabilities, accelerating digital transformation, and helping build future-ready communities that enhance quality of life across the Kingdom.”
About Lenovo:
Lenovo is a US$83 billion revenue global technology powerhouse, ranked #196 in the Fortune Global 500, and serving millions of customers every day in 180 markets. Guided by its vision of “Smarter Technology for All”, Lenovo is executing a Hybrid AI strategy that spans Personal AI – one personal AI, multiple devices; and Enterprise AI – helping customers turn data into insights and value. This strategy is delivered through the Group’s commitment to world-class innovation and a full-stack AI portfolio, including devices (PCs, workstations, smartphones, tablets, accessories), infrastructure solutions (server, storage, edge, high performance computing and software defined infrastructure), as well as software, solutions, and services. With a global footprint spanning 21 research and development locations in 11 markets, and a global supply chain including more than 30 manufacturing sites across 10 markets, Lenovo is widely recognized for its operational excellence, including ranking #8 in the Gartner Supply Chain Top 25. Lenovo is listed on the Hong Kong stock exchange under Lenovo Group Limited (HKSE: 992) (ADR: LNVGY).
