Lenovo Group Ltd Stock

Description Lenovo

Lenovo Group Limited is a multinational technology company based in Beijing, China. The company produces and sells personal computers, smartphones, tablets, smart TVs, servers, and other related products. Lenovo was founded in 1984 and is currently the world's largest personal computer vendor by unit sales.

Lenovo is listed on the Hong Kong Stock Exchange under the ticker symbol 0992 and the OTC markets in the United States under the ticker symbol LNVGF. As of August 2021, the company's market capitalization is approximately USD 17.84 billion.

Lenovo operates in more than 60 countries around the world and has a diverse revenue mix, with its largest segment being the PC and Smart Devices business group, followed by the Data Center group, Mobile Business group, and others.

Lenovo has a strong focus on innovation and has been recognized with numerous awards for its products and design. The company has also made significant investments in research and development, including the establishment of innovation centers and partnerships with leading technology organizations.

Suppliers of Lenovo

Lenovo Group Limited, also known as Lenovo Group, is a Chinese multinational technology company that is listed on several stock exchanges, including the OTC markets, where it trades under the symbol LNVGF. As a multinational technology company, Lenovo relies on a range of suppliers to produce its products and services, and some of the most important suppliers for the company are as follows:

1. Intel Corporation: Lenovo relies on Intel Corporation for microprocessors that power its products, including laptops, desktops, and servers.

2. Samsung Electronics: Lenovo sources memory and storage components from Samsung Electronics, which are used in its products, such as smartphones, tablets, and laptops.

3. Delta Electronics: Lenovo partners with Delta Electronics, a Taiwanese power supply manufacturer, to produce power adapters and inverters for its laptops and other electronic devices.

4. Foxconn Technology Group: Lenovo collaborates with Foxconn Technology Group, a Taiwanese electronics manufacturer, to produce some of its products, including smartphones and tablets.

5. Micron Technology: Lenovo sources flash memory and solid-state drives from Micron Technology, which are used in its products, such as laptops, desktops, and servers.

Overall, Lenovo's suppliers play a critical role in ensuring the quality and reliability of its products, and the company's success is closely tied to its relationships with these key suppliers.