Lenovo Group (Lenovo Group) Research & Development : $2,045 Mil (TTM As of Dec. 2023)

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What is Lenovo Group Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. Lenovo Group's Research & Development for the three months ended in Dec. 2023 was $547 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Dec. 2023 was $2,045 Mil.

Lenovo Group Research & Development Historical Data

The historical data trend for Lenovo Group's Research & Development can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Lenovo Group Research & Development Chart

Lenovo Group Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Research & Development

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1,266.34

1,335.74

1,453.91

2,073.46

2,195.33

Lenovo Group Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Research & Development	Get a 7-Day Free Trial															578.64	549.63	451.03	498.21	546.55

Lenovo Group Research & Development Calculation

This is the expense the company spent on research and development.

Research & Development for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $2,045 Mil.

Lenovo Group (OTCPK:LNVGY) Research & Development Explanation

If competitive advantage is created by a patent or tech advantage, at some point it will disappear.

High R&D usually dictates high SG&A which threatens the competitive advantage.

Lenovo Group Research & Development Related Terms

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Lenovo Group (Lenovo Group) Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Lenovo Group Ltd (OTCPK:LNVGY) » Definitions » Research & Development

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LNVGF:USA 00992:Hong Kong LHL:Germany

Address

979 King's Road, 23rd Floor, Lincoln House, Taikoo Place, Quarry Bay, Hong Kong, HKG

Website

https://www.lenovo.com

Lenovo is a global technology hardware company with a leading market share in personal computers. Its operations are divided into three main business segments: PC and smart devices, mobile, and data center, which we expect to account for 55%, 11%, and 19% of sales in the midterm, respectively. The firm has been actively growing its data center business, which primarily sells network servers to enterprise and hyperscale customers, as well as storage equipment through its mainland China joint venture with NetApp. Server-related revenue contribution has jumped to 16% of overall sales in fiscal 2022, from 6% in 2015.