![Daniel Slotta](https://cdn.statcdn.com/static/../CMS/contactperson/ERI2606_1713872571.png)
Lenovo research and development expenditure 2012-2023
In the fiscal year of 2022/23, Lenovo had a research and development expenditure of 2.22 billion U.S. dollars. After reducing its R&D investments in 2019/20, the recent financial year was the second consecutive year that saw an increasing allocation of resources towards new products and technology.