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
Last update: 4/19/2016

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