The Complete Story of Lenovo See These Resources For The Whole Story
From ThinkPads to IBM PCs, this widely known brand has changed hands from IBM to Lenovo, and the brand lives on.
Lenovo has a large market share in the computer world and still stands strong. It’s one of the world’s largest tech companies, with a market cap of more than $11.2 billion. Liu Chuanzhi founded the company in Beijing on November 1, 1984, with an initial investment of 200,000 yuan, the equivalent of 70,000 dollars in today’s economy.
From its humble beginnings, the company has grown to take the third spot in terms of size, behind Dell and HP. In March of 2019, the company took the first spot by unit sales.
The company’s US headquarters is located in Morrisville, North Carolina, and its main headquarters is in Quarry Bay, Hong Kong, becoming China’s first global company with operations in more than 60 countries and sales in more than 160 countries.
Becoming any country’s first multinational company is a historical achievement, and in this case, Lenovo will be that company that goes down in history for China for the first multinational. This sets a road map for other companies to follow.
One of Lenovo’s first successes was developing a circuit board that allowed IBM-compatible PCs to process Chinese characters. In the early days of PCs, only Latin characters were used for displays and inputs. The addition of other languages opened up the doors for many countries to advance in computer usages for the average citizen.
Lenovo’s global expansion spread in 2005 when it acquired IBM’s personal computer business. Nine years later, Lenovo acquired the Intel-based server business. IBM was looking to get out of this part of the business because it was taking a lot of its resources.
For more on the success story of this humble startup, have look at the collection of resources in this post that takes a look at the success story of Lenovo.
Sections In This Post:
- The History of Lenovo
- Lenovo Founders
- Lenovo Executive Team
- Mission Statement of Lenovo
- Lenovo Acquisitions & Subsidiaries
- Lenovo Ownership And Investors
- Products and Services Offered by Lenovo
- Lenovo Financial Company Information
- Facts About Lenovo
- Business and Marketing Strategies Used by Lenovo
- Lenovo Main Competitors
- Lenovo Company Culture
- How Does Lenovo Treat Its Employees?
- The Company Reputation of Lenovo
- Lenovo Company Complaints and Lawsuits
- Lenovo Failures
- Inside the Success of Lenovo
- Lenovo Articles And Stories of Interest
- Books Related to Lenovo
- Latest Search Results Related to Lenovo
- Latest News Related to Lenovo
- Tweets Related to Lenovo
- Videos Related to Lenovo
Resources Related To Lenovo
The History of Lenovo
Lenovo Executive Team
Mission Statement of Lenovo
Lenovo Acquisitions & Subsidiaries
Lenovo Ownership And Investors
Products and Services Offered by Lenovo
Lenovo Financial Company Information
Facts About Lenovo
Business and Marketing Strategies Used by Lenovo
Lenovo Main Competitors
Lenovo Company Culture
How Does Lenovo Treat Its Employees?
The Company Reputation of Lenovo
Lenovo Company Complaints and Lawsuits
Inside the Success of Lenovo
Lenovo Articles And Stories of Interest
Books Related to Lenovo
The Latest about Lenovo
In this section, you’ll be able to stay up to date on the latest information related to Lenovo, including the latest news, Google searches, videos, what people are tweeting, and more.