LENOVO

About Lenovo

• $30 billion personal technology company.
• World’s second-largest PC vendor.
• Manufacture the PC notebook, ThinkPad – more than 75 million have been sold.
• 30,000 employees, in more than 60 countries, 2,000+ U.S. employees.
• Fortune 500 company.
• Considered a Red Chip company due to listing on the Hong Kong Stock Exchange.
• Headquarters are in Beijing, China and Morrisville, N.C.
• Major research centers in Japan, China and Morrisville.
• Manufacturing around the world - from Greensboro and Mexico to India, China and Brazil.
• Competitors include Hewlett-Packard and Dell.
  

Key dates

• 1984: Legend Holdings formed in China.
• 1988: Incorporated in Hong Kong.
• 2004: Lenovo brand created when Legend Holdings changed name.
• 2005: Acquired the former Personal Computer Division of IBM.
• 2011: Formed joint venture with NEC, creating number 1 PC company in Japan and acquired Medion in Europe, becoming number 1 PC company in Germany.
• June 2013: Announced Lenovo Reach, which allows users to securely access their cloud-based files and applications from any device via a single login ID.
• June 5, 2013: Held ribbon cutting to celebrate first manufacturing line in the U.S. and the 115 jobs it brought to its production facility in Whitsett.
  
• July 2013: Overtook HP as the world’s top PC vendor and expanded in eastern Guilford County. Leased an additional 68,000 square feet in Rock Creek Cener.
• Jan. 2014: Lenovo made deal to buy Motorola's mobile unit for $2.9 billion.
• Feb. 2016: Guilford County Board of Education gave the OK for the district staff to pursue a contract with Lenovo to buy tablet computer for use in local middle schools. Total cost is expected to be between $8 million and $9 million.

Sources: Yahoo Finance, Lenovo company website

More pages