While the Lenovo brand came into existence only in 2004, the company has a much longer history. In 1984, Legend Holdings was formed with 25,000 RMB 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$21 billion personal technology company and the world’s second-largest PC vendor. We have more than 26,000 employees in more than 60 countries serving customers in more than 160 countries. A global Fortune 500 company, we have headquarters in Beijing, China and Morrisville, North Carolina, U.S.; major research centers in Yokohama, Japan; Beijing, Shanghai and Shenzhen, China; and Morrisville; and we have manufacturing around the world from Greensboro, North Carolina and Monterrey, Mexico to India, China and Brazil.
Lenovo has consistently outgrown the worldwide PC market in unit shipments and gained market share across all geographies, products and customer segments, making it the fastest growing of the four major PC companies in the world for two years running.
We are the number one PC company in China and now in Japan.
We are the number one PC company in the world for large business and the public sector.
We have been the fastest growing major consumer PC brand on the planet in the past year.
We make the fastest booting notebook in the world. It’s a ThinkPad—and in 18 years, 60 million of them have been sold.
We make a smart phone in China and every day our app store there delivers more than 25,000 downloads.
We have launched a family of tablets targeting both the consumer and commercial markets internationally.
We’re growing in triple digits in the all-in-one market worldwide, funding an application developers’ movement in China, and growing our retail presence from Germany to Japan.
Innovation: A Core Value
Lenovo owns the greatest track record for innovation in the PC industry and remains committed to innovation in its products and technology. We will continue to leverage the spirit of innovation and history of technological breakthroughs into new product categories and drive future growth. Innovation is how Lenovo achieves competitive differentiation and drives new market opportunities, such as mobile Internet, digital home and cloud computing.
Lenovo products consistently win awards and receive rave reviews. They deliver the high quality, reliability and durability to meet our customers’ demand. The ultimate goal of Lenovo’s R&D team is to improve the overall customer experience while driving down the cost of ownership.
Lenovo operates 46 world-class labs, including research centers in Yokohama, Japan; Beijing, Shanghai and Shenzhen, China; and Morrisville, North Carolina, U.S. Lenovo’s innovation strategy is based on a two-tiered approach to solving real-world customer problems:
Focus the majority of development on ideas that can be brought to market within 24 months.
Invest longer term in research targeting “game changing” big plays.