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4-Traders Homepage  >  Equities  >  Stock Exchange of Hong Kong  >  Lenovo Group Limited    0992   HK0992009065

LENOVO GROUP LIMITED (0992)
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Lenovo : and Intel to deliver 26.7 petaflop HPC for the Leibniz Supercomputing Centre

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12/16/2017 | 11:14am CET

Lenovo Data Center Group and Intel will deliver a 26.7 petaflop high performance computing system for the Leibniz Supercomputing Centre (LRZ) of the Bavarian Academy of Sciences in Munich, Germany.

Named SuperMUC-NG, the supercomputer will be used for scientific research in areas such as astrophysics, fluid dynamics and life sciences when it goes live in late 2018. The HPC installation will also feature the 20,000,000th server shipped by Lenovo.

MUCing things up

The SuperMUC-NG will consist of nearly 6,500 nodes of Lenovos ThinkSystem SD650 servers, featuring Intel Xeon Platinum processors with Intel Advanced Vector Extensions (Intel AVX-512) and interconnected with Intel Omni-Path fabric.

The system will be water-cooled, which Lenovo claims will deliver 45 percent greater electricity savings when compared to an unidentified similar, standard air-cooled system.

Lenovo is committed to providing research institutions like LRZ with not only sheer computing power, but a true, end-to-end solution that can help effectively and efficiently solve critical humanitarian challenges. Were pleased to be working on this next-generation project in partnership with Intel, Scott Tease, executive director for HPC and AI at Lenovo Data Center Group, said.

The new SuperMUC-NG installation will provide LRZ with greater compute power in a smaller data center footprint with drastically reduced energy usage through innovative water-cooling technology, offering researchers a comprehensive supercomputing solution that packs more performance than ever to accelerate critical research projects.

Trish Damkroger, VP of technical computing at Intel, added: Global research leaders like LRZ are driving insights that address not only some of the most complex problems we face, but that also make meaningful improvements in all of our lives. Intel offers the technical foundation that, when combined with the solution expertise of Lenovo, delivers the efficient performance and ease of programing to help LRZs researchers drive more discoveries with deeper analytics than have ever been possible before.

LRZ is already home to SuperMUC, an IBM-Intel system which was the fastest European supercomputer when it entered operation in 2012.

(c) 2017 Petra News Agency, All Rights Reserved Provided by SyndiGate Media Inc. (Syndigate.info)., source Middle East & North African Newspapers

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Financials ($)
Sales 2018 44 228 M
EBIT 2018 480 M
Net income 2018 300 M
Debt 2018 530 M
Yield 2018 3,75%
P/E ratio 2018 20,44
P/E ratio 2019 12,46
EV / Sales 2018 0,16x
EV / Sales 2019 0,16x
Capitalization 6 633 M
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Lenovo Group Limited Technical Analysis Chart | 0992 | HK0992009065 | 4-Traders
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Mean consensus HOLD
Number of Analysts 25
Average target price 0,59 $
Spread / Average Target 7,8%
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Managers
NameTitle
Yuan Qing Yang Chairman & Chief Executive Officer
Gianfranco Lanci President & Chief Operating Officer
Wai Ming Wong Chief Financial Officer & Executive Vice President
Arthur Hu Chief Information Officer
Yong Rui Chief Technology Officer & Senior Vice President
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