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Founded in 1984 in a guard shack in Beijing by Liu Chuanzhi and ten colleagues. Headquartered in Hong Kong; Lenovo was originally named New Technology Developer Inc. and soon changed its name to Legend Holdings and was incorporated in Hong Kong in 1988. Its first product was an add-on device to provide computers with Chinese language capabilities. The Chinese Academy of Sciences provided $25,000 in funding to start the company as part of the Chinese government's early experiments with privately managed firms.
Legend began marketing its first branded computer, the Legend PC, in 1988 to its principle customer base in China. Sales grew quickly and by 1996, the company became the market share leader for personal desktop computer sales in China. That same year, Legend also introduced its first laptop computer.
By 1998, it had produced its millionth computer and in 1999 became the largest PC vendor in the Asia-Pacific region. The company extended its product line in 2002 with its first supercomputer, the DeepComp, marketed as the fastest computer available in China for the civilian market.
In 2003, Legend introduced the Lenovo brand and logo for its products, in preparation for the company's expansion into markets beyond the Asia-Pacific region.
Legend formally changed its name to Lenovo in 2004 and emerged on the world stage by partnering with the Olympics. The company acquired the Personal Computing Division of IBM. IBM's popular ThinkPad laptops were rebranded as the Lenovo ThinkPad. When the acquisition was completed in 2005, Lenovo became the world's third-largest PC firm. Subsequent acquisitions and market expansions grew Lenovo's product line to include smartphones and tablets and increased the company's presence in Europe, South America and Japan.
Lenovo entered the smartphone market in 2012. 2013, Lenovo became the third largest smartphone company in the world and as of 2014 was the largest vendor of smartphones in Mainland China.
Lenovo was the world's largest personal computer vendor by unit sales from 2013 to 2015. It markets the ThinkPad line of notebook computers, IdeaPad, Yoga and Legion lines of notebook laptops, and the IdeaCentre and ThinkCentre lines of desktops.
Lenovo specializes in desktop computers, laptops, tablet computers, smartphones, workstations, servers, electronic storage devices, IT management software, and smart televisions.
Lenovo has operations in more than 60 countries and sells its products in around 160 countries. Lenovo's principal facilities are in Beijing and Morrisville, with research centers in Beijing, Shanghai, Shenzhen, Xiamen, Chengdu, Nanjing, and Wuhan in China, Yamato in Kanagawa Prefecture, Japan and Morrisville in the U.S. It operates a joint venture with EMC called LenovoEMC, which sells network-attached storage solutions. It also has a joint venture with NEC, Lenovo NEC Holdings, which produces personal computers for the Japanese market.
Lenovo is a global company with operational centers located strategically around the world to drive it's global/local business approach.
Lenovo organizes its worldwide operations with the view that a truly global company must be able to quickly capitalize on new ideas and opportunities from anywhere. By foregoing a traditional headquarters model and focusing on centers of excellence around the world, Lenovo makes the maximum use of its resources to create the best products in the most efficient and effective way possible.
PRODUCT CATEGORY
PHONES
Mobile Phone Type
Android phones
Smart phones
COMPUTING
Laptops
Notebooks
Think Pad
Commercial laptops
Idea Pad
Ultrabooks
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