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LNVGY (Lenovo Group) Allowance For Loans And Lease Losses


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What is Lenovo Group Allowance For Loans And Lease Losses?

Allowance For Loans And Lease Losses only applies to banks.


Lenovo Group Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Lenovo Group Ltd (OTCPK:LNVGY) » Definitions » Allowance For Loans And Lease Losses
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979 King\'s Road, 23rd Floor, Lincoln House, Taikoo Place, Quarry Bay, Hong Kong, HKG
Lenovo is a global technology hardware company with a leading market share in personal computers. 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 13% of overall sales in fiscal 2024, from 6% in 2015.