INTERNET, JANUARY 3, 2011 (LENOVO.COM) Lenovo Group Limited (LGL) is a Chinese-based multinational computer technology corporation that develops, manufactures and markets desktops and notebook personal computers, workstations, servers, storage drives, IT management software, and related services. Incorporated as 'Legend' in Hong Kong in 1988, Lenovo's principal operations are currently located in Beijing, China, Morrisville, North Carolina in the United States, and Singapore, with research centers in those locations, as well as Shanghai, Shenzhen, Xiamen, and Chengdu in China, and Yamato in Kanagawa Prefecture, Japan.

Lenovo acquired the former IBM PC Company Division, which marketed the ThinkPad line of notebook PCs, in 2005 for approximately $1.75 billion.

In 2009, Lenovo was the fourth largest vendor of personal computers in the world. The company is the largest seller of PCs in China, with a 28.6% share of the China market, according to research firm IDC in July, 2009. It reported annual sales of $14.9 billion for the fiscal year ending 2008/2009 (ending March 31, 2009). Lenovo markets its products directly to consumers, small to medium size businesses, and large enterprises, as well as through online sales, company-owned stores (in China only), chain retailers, and major technology distributors and vendors.

On September 4, 2009, Oceanwide Holdings Group, a private investment firm based in Beijing, bought 29% of Legend Holdings, the parent company of Lenovo, for 2.76 billion yuan ($404.1 million). Legend Holdings is the asset management unit of the Chinese Academy of Sciences.

On November 27, 2009, Lenovo Group announced its intention to purchase Lenovo Mobile Communication Technology. Lenovo Mobile now ranks No.3 in China’s mobile handset market.


Lenovo is now one of the world’s largest makers of personal computers. Formed by Lenovo Group’s acquisition of the former IBM Personal Computing Division, the company develops, manufactures and markets reliable, high-quality, secure and easy-to-use technology products and services worldwide. Our mission is to provide businesses and consumers with smarter ways to be productive and competitive and to enhance their personal lives. Operating in more than 60 countries.

LENOVO's Competitive Spirit is proud to show the world they value the spirit and ideals of athletic sports competition as a sponsor partner of Vodafone Mclaren Mercedes Formula One Racing <>.

Innovation: New World, New Thinking

LENOVO's Heritage came about as the result of the merger of two of the most storied companies in technology and business: Legend Holdings in China and IBM’s Personal Computing Division in the United States. The merger was heralded as a watershed event in global business with the potential for integrating two disparate cultures, languages, processes and markets.

As a result, Lenovo embodies the unique market possibilities in combining the best of East and West -- joining North American and China-based technology players in the creation of a unified global PC leader with growing market positions in developed and emerging markets alike. With more than $16 billion in annual revenue, Lenovo’s market strength spans not only market geographies but also the world’s consumer and business PC markets.

Lenovo: New World, New Thinking

Lenovo is one of the world’s largest makers of personal computers, including the renowned ThinkPad® notebook as well as products carrying the ThinkCentre®, ThinkStation® and IdeaPad® sub-brands. Formed by Lenovo Group's acquisition of the former IBM Personal Computing Division in 2005, Lenovo today is a world leader operating in more than 60 countries and providing businesses and consumers in more than 160 countries around the world with innovative products.

Lenovo’s heritage in both emerging and developed markets has resulted in a business model based on a concept and strategy called “worldsourcing” – where LENOVO ideas, operations and resources are literally borderless and mobile. The result: new thinking for a new world, bringing innovation to businesses and consumers alike.

LENOVO has no world headquarters and, instead, have put in place a distributed management structure that places operational hubs in centers of excellence around the world. Their multicultural management team is free to convene wherever and whenever it makes the most sense. Lenovo has operations hubs in Beijing, Raleigh, NC, Singapore and Paris, a marketing hub in Bangalore, India, and major research centers in Yamato, Japan; Beijing, Shanghai and Shenzhen, China; and Raleigh. The company now employs more than 23,000 people worldwide, including 1,700 designers, scientists and engineers, representing a broad collection of nationalities and languages but at the same time working with one unified language and vision: to build the world’s most innovative personal computers.

Two Roads to Creating a PC Powerhouse

In 1981, IBM launched its Personal Computing Division which literally invented personal computing with such innovations as the first laptop computer, the precursor to the ThinkkPad notebook, synonymous with innovation and quality.

In 1984, Legend Holdings was founded in China with just 11 computer scientists and $25,000 in cash, with the idea of delivering information technology more rapidly to consumers and businesses in China.

In 2003, Legend began marketing its products under the Lenovo brand, melding the "Le" from Legend with "novo," the Latin word for "new." It officially changed its company name from Legend to Lenovo a year later.

In 2005, Lenovo Group’s acquisition of IBM’s PC division essentially combined the market strength of Lenovo in China and elsewhere in Asia among consumers with IBM’s leadership position in Europe and North America among business PC users.

In 2007, Lenovo launches the IdeaPad line of consumer-branded PC products and drops the use of the IBM logo on all its products two years ahead of schedule.

Lenovo boasts extraordinary research capabilities. Its R&D centers in China, Japan and the U.S. have produced some of the world's most important advances in PC technology, ranging from the original "bento box" PC notebook design in 1992 to the 2008 launch of the innovative ThinkPad X300 "Kodachi," heralded as one of the world's lightest, thinnest and most innovative full-featured notebook PC's ever.

The company is rich in talent, with teams that have won hundreds of technology and design awards – including more than 2,000 patents – and introduced many industry firsts:

Great Minds (Executives)

Lenovo and IBM have a strategic alliance designed to provide a best-in-class experience for enterprise customers. The companies have entered into significant, long-term agreements that give customers preferred access to IBM's world-class customer service organization and global financing offerings, and that enable Lenovo to take advantage of IBM's powerful worldwide distribution and sales network. Lenovo's customers are able to count on the entire IBM team – including sales, services and financing – for access to IBM's legendary end-to-end IT solutions. As part of a five-year commitment, IBM will also provide Lenovo with warranty services and offer Lenovo customers leasing and financing arrangements. Through this long-term relationship, customers will receive the best products with the lowest total-cost-of-ownership.

LENOVO: Our Commitment

Our Commitment to Corporate Citizenship (CSR). Lenovo is committed to being a responsible and active corporate citizen, consistently working to improve its business while contributing to the betterment of our local communities, the environment and society overall.

Lenovo practices corporate citizenship in many ways:


Our Values: Our values serve as the foundation of our company and define who we are and how we work. Principle among them are:

Our Strategy for Success: Worldsourcing

About Worldsourcing

Today’s most successful companies are able to quickly capitalize on new ideas from every corner of their operations. They engage the best people from every location and recognize the best contributions and ideas regardless of source or profit center. They sell their products and services wherever profitable markets exist.

Lenovo’s adherence to worldsourcing is a strategic outgrowth of today’s global economy and enables Lenovo to deliver consistent value to customers worldwide by reacting quickly to local market requirements or changing customer tastes.

Here are some of the key benefits of worldsourcing:

THE ThinkPad T61

New internal magnesium rollcage on the lid. In the picture above, the blue line represents where the antenna is housed in the screen area.

1. Add airvents at bottom 2. Add airvents under PCMCIA 3. Enlarge air vents

The ThinkPad T61 and ThinkPad R61 notebooks were today announced by Lenovo. Both notebooks will incorporate the new Santa Rosa Intel platform and be initially offered in widescreen format. Following are some thoughts based on a hands-on look at these systems.

Chief News Editor: Sol Jose Vanzi

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