LCIG operates as Lenovo's global technology industry fund and internal incubator, combining early-stage VC, growth investments, and in-house incubation of new Lenovo businesses while integrating the parent company's worldwide R&D, supply chain, and channel resources directly into portfolio companies. The fund runs multiple internal subsidiaries like Lenovo Enterprise Cloud and Smart Healthcare, and has achieved roughly 10% of its 100+ portfolio companies reaching unicorn status, including Cambricon, Face++, and NIO.