Lenovo

Lenovo Group Limited
Native name
联想集团有限公司
Liánxiǎng Jítuán Yǒuxiàn Gōngsī
TypePublic
SEHK992
IndustryComputer hardware
Electronics
Founded1 November 1984 (1984-11-01) (as Legend 联想)
Beijing
Founder
Headquarters
Area served
Worldwide
Key people
Yang Yuanqing (Chairman and CEO)
Products
RevenueIncrease US$71.618 billion (2022)[6]
Increase US$3.081 billion (2022)[6]
Increase US$2.145 billion (2022)[6]
Total assetsIncrease US$44.51 billion (2022)[6]
Total equityIncrease US$5.395 billion (2022)[6]
Number of employees
~75,000 (2022)[6]
Subsidiaries
Websitelenovo.com

Lenovo Group Limited, often shortened to Lenovo (/ləˈnv/ lə-NOH-voh, Chinese: 联想; pinyin: Liánxiǎng), is a Chinese[8] multinational technology company specializing in designing, manufacturing, and marketing consumer electronics, personal computers, software, business solutions, and related services. Products manufactured by the company include desktop computers, laptops, tablet computers, smartphones, workstations, servers, supercomputers, electronic storage devices, IT management software, and smart televisions. Its best-known brands include its ThinkPad business line of laptop computers (acquired from IBM), the IdeaPad, Yoga, and Legion consumer lines of laptop computers, and the IdeaCentre and ThinkCentre lines of desktop computers. As of 2021, Lenovo is the world's largest personal computer vendor by unit sales.[9][10]

Lenovo was founded in Beijing on 1 November 1984 as Legend by a team of engineers led by Liu Chuanzhi and Danny Lui.[11] Initially specializing in televisions, the company migrated towards manufacturing and marketing computers. Lenovo grew to become the market leader in China and raised nearly US$30 million in an initial public offering on the Hong Kong Stock Exchange. Since the 1990s, Lenovo has increasingly diversified from the personal computer market and made a number of corporate acquisitions, with the most notable being acquiring and integrating most of IBM's personal computer business and its x86-based server business as well as creating its own smartphone.[12]

Lenovo has operations in over 60 countries and sells its products in around 180 countries.[citation needed] It was incorporated in Hong Kong,[1] with global headquarters in Beijing,[2][3] and operational centres in Singapore and Morrisville, North Carolina, US. It has research centres in Beijing, Chengdu, Yamato (Kanagawa Prefecture, Japan), Singapore, Shanghai, Shenzhen, and Morrisville,[5] and also has Lenovo NEC Holdings, a joint venture with NEC that produces personal computers for the Japanese market.

  1. ^ a b "Locations | Lenovo US". www.lenovo.com.
  2. ^ a b "Lenovo". Forbes. Archived from the original on 16 September 2020. Retrieved 9 September 2020. Headquartered in Beijing, it's the world's largest PC vendor by unit sales and fourth biggest smartphone maker.
  3. ^ a b "Lenovo Group Ltd Hong Kong Listing". Bloomberg. Archived from the original on 21 October 2020. Retrieved 9 September 2020. Address: No 6 Chuang Ye Road Shangdi Information Beijing, 100085 China
  4. ^ "Locations | Lenovo Singapore". www.lenovo.com. Retrieved 16 February 2022. Address: 151 Lorong Chuan #02-01 New Tech Park Singapore 556741
  5. ^ a b "Locations – Lenovo US". Lenovo. Archived from the original on 6 July 2020. Retrieved 4 July 2020.
  6. ^ a b c d e f Lenovo Group Limited Annual Report 2022 (PDF) (Report). Lenovo. Retrieved 26 May 2022.
  7. ^ "It's official: Motorola Mobility now belongs to Lenovo – CNET". cnet.com. Archived from the original on 8 March 2017. Retrieved 25 December 2014.
  8. ^ Multiple sources:
  9. ^ "Canalys Newsroom - Global PC shipments pass 340 million in 2021 and 2022 is set to be even stronger".
  10. ^ "Gartner Says Worldwide PC Shipments Declined 5% in Fourth Quarter of 2021 but Grew Nearly 10% for the Year".
  11. ^ "DANNY LUI". Greater Good Radio - Leaders Inspiring Leaders. 22 July 2006. Retrieved 15 September 2022.
  12. ^ "IBM and Lenovo - United States". www.ibm.com. 8 October 2012. Retrieved 22 September 2021.

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