Lenovo Group Research and Development Expenses 2010-2023 | LNVGY
Lenovo Group annual/quarterly research and development expenses history and growth rate from 2010 to 2023. Research and development expenses can be defined as an expense arising from studies and product development processes.
- Lenovo Group research and development expenses for the quarter ending December 31, 2023 were $0.547B, a 5.55% decline year-over-year.
- Lenovo Group research and development expenses for the twelve months ending December 31, 2023 were $2.045B, a 7.93% decline year-over-year.
- Lenovo Group annual research and development expenses for 2023 were $2.195B, a 5.88% increase from 2022.
- Lenovo Group annual research and development expenses for 2022 were $2.073B, a 42.61% increase from 2021.
- Lenovo Group annual research and development expenses for 2021 were $1.454B, a 8.85% increase from 2020.
Lenovo Group Annual Research and Development Expenses
(Millions of US $) |
| 2023 |
$2,195 |
| 2022 |
$2,073 |
| 2021 |
$1,454 |
| 2020 |
$1,336 |
| 2019 |
$1,266 |
| 2018 |
$1,274 |
| 2017 |
$1,362 |
| 2016 |
$1,491 |
| 2015 |
$1,221 |
| 2014 |
$732 |
| 2013 |
$624 |
| 2012 |
$453 |
| 2011 |
$303 |
| 2010 |
$214 |
| 2009 |
$220 |
Lenovo Group Quarterly Research and Development Expenses
(Millions of US $) |
| 2023-12-31 |
$547 |
| 2023-09-30 |
$498 |
| 2023-06-30 |
$451 |
| 2023-03-31 |
$550 |
| 2022-12-31 |
$579 |
| 2022-09-30 |
$556 |
| 2022-06-30 |
$511 |
| 2022-03-31 |
$576 |
| 2021-12-31 |
$549 |
| 2021-09-30 |
$482 |
| 2021-06-30 |
$466 |
| 2021-03-31 |
$417 |
| 2020-12-31 |
$398 |
| 2020-09-30 |
$307 |
| 2020-06-30 |
$333 |
| 2020-03-31 |
$347 |
| 2019-12-31 |
$341 |
| 2019-09-30 |
$318 |
| 2019-06-30 |
$329 |
| 2019-03-31 |
$371 |
| 2018-12-31 |
$273 |
| 2018-09-30 |
$312 |
| 2018-06-30 |
$310 |
| 2018-03-31 |
$327 |
| 2017-12-31 |
$344 |
| 2017-09-30 |
$311 |
| 2017-06-30 |
$292 |
| 2017-03-31 |
$339 |
| 2016-12-31 |
$318 |
| 2016-09-30 |
$349 |
| 2016-06-30 |
$356 |
| 2016-03-31 |
$352 |
| 2015-12-31 |
$381 |
| 2015-09-30 |
$369 |
| 2015-06-30 |
$390 |
| 2015-03-31 |
$424 |
| 2014-12-31 |
$414 |
| 2014-09-30 |
$203 |
| 2014-06-30 |
$180 |
| 2014-03-31 |
$185 |
| 2013-12-31 |
$188 |
| 2013-09-30 |
$189 |
| 2013-06-30 |
$170 |
| 2013-03-31 |
$173 |
| 2012-12-31 |
$162 |
| 2012-09-30 |
$153 |
| 2012-06-30 |
$135 |
| 2012-03-31 |
$139 |
| 2011-12-31 |
$118 |
| 2011-09-30 |
$119 |
| 2011-06-30 |
$78 |
| 2011-03-31 |
$92 |
| 2010-12-31 |
$76 |
| 2010-09-30 |
$66 |
| 2010-06-30 |
$70 |
| 2010-03-31 |
$57 |
| 2009-12-31 |
$54 |
| 2009-09-30 |
$54 |
| 2009-06-30 |
$49 |
| 2009-03-31 |
$74 |
| Sector |
Industry |
Market Cap |
Revenue |
| Computer and Technology |
Computers - Minicomputers |
$12.981B |
$61.947B |
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Lenovo Group Limited is a personal technology company. The Company is dedicated to building PCs and mobile internet devices. Lenovo's business is built on product innovation, a highly-efficient global supply chain and strong strategic execution. Formed by Lenovo Group's acquisition of the former IBM Personal Computing Division, the company develops, manufactures and markets reliable, high-quality, secure and easy-to-use technology products and services. Its product lines include legendary Think-branded commercial PCs and Idea-branded consumer PCs, as well as servers, workstations, and a family of mobile internet devices, including tablets and smart phones. Lenovo has major research centers in Yamato, Japan; Beijing, Shanghai and Shenzhen, China; and Raleigh, North Carolina. Lenovo Group Limited is based in Quarry Bay, Hong Kong.
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