Lenovo is one of the world’s leading personal technology companies, producing innovative PCs and mobile internet devices. A global Fortune 500 company, Lenovo is the world’s largest PC vendor and fourth largest smartphone company.
While the Lenovo brand came into existence only in 2004, the company has a much longer history. In 1984, Legend Holdings was formed with 200,000 RMB (US$25,000) in a guard house in China. The company was incorporated in Hong Kong in 1988 and would grow to be the largest PC company in China. Legend Holdings changed its name to Lenovo in 2004 and, in 2005, acquired the former Personal Computer Division of IBM, the company that invented the PC industry in 1981.
Today, Lenovo is a US $47 billion personal technology company with more than 57,000 employees (including joint ventures) in more than 60 countries serving customers in more than 160 countries. Lenovo is a global company that is incorporated and headquartered in Hong Kong, with operational centers located strategically around the world, the largest ones being in Beijing, China, and Morrisville, North Carolina.
Lenovo has grown faster than the market for more than four years because our exceptionally engineered products are meant for those who do. Our customers use innovation to bring progress to the world, and we design and build our products with this in mind, taking inspiration from the drive and imagination of the people who make things happen. Our technology helps those who do, do better.
And Lenovo has continued its rapid growth into new personal technologies with its July 2014 acquisition of Motorola Mobility. By adding Motorola, Lenovo not only becomes the world’s third largest smartphone company, but also further strengthens its innovation leadership. Motorola’s more than 2,000 engineers and technical experts are industry leaders, responsible for thousands of patents.
Whether a PC, smartphone, tablet, smart TV, server, workstation or storage, Lenovo makes the products that customers need, whether smart connected or infrastructure devices. Lenovo is creating real differentiation from the competition thanks to its vertically integrated end-to-end business model. This model is unique among major technology companies and is a significant source of competitive advantage, helping us to bring more innovation to market, more efficiently, and aggressively attack the PC+ opportunity.
And as Lenovo expands globally, establishing even deeper roots in each major market, investing not only in sales and distribution, but also in local domestic manufacturing, R&D and other high-value functions. This global reach with local excellence is enabling lenovo to build a new kind of company – a “global-local” company – and positions us to more deeply implement our protect and attack strategy and build the foundation for long-term success.
And lenovo want to do it the right way — the Lenovo Way — with lenovo own perspective, own global point of view and own commitment to building technology for people who view technology as a tool to accomplish great things.
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