LENOVO GROUP Reportedly Long-term Agreement Customer of Micron, Samsung, SK Hynix
LENOVO GROUP (00992.HK) is not only a long-term agreement customer of Micron Technology, Inc. (MU.US), but has also signed long-term supply agreements for storage products with Samsung and SK Hynix, Shanghai Securities News cited sources as saying.
LENOVO GROUP's China infrastructure business is radically raising its server business growth expectations, according to hearsay. The company previously set a server business target of RMB100 billion for FY2027/2028.
Based on currently executing orders, the confirmable revenue delivery scale from only two major customers next year has already approached RMB200 billion.
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AASTOCKS Financial News
Website: www.aastocks.com
| SG Top Picks |
| Stock & Type |
Code |
Strike(Call Level) |
Last |
Effective Gearing |
| LENOV (C) |
13260 |
30 (-) |
0.073 |
2.9 X |
| LENOV (C) |
29864 |
24 (-) |
0.390 |
3.3 X |
| LENOV (P) |
13262 |
23 (-) |
0.107 |
1.6 X |
| LENOV (P) |
29899 |
13.2 (-) |
0.066 |
3.3 X |
| MU (C) |
11213 |
1,800 (-) |
2.56 |
2.8 X |
| MU (P) |
11114 |
400 (-) |
0.265 |
2.4 X |
