Lenovo is a Chinese multinational technology company. It specialises in designing, manufacturing and marketing of personal computers, consumer electronics, software products and business solutions. Lenovo was founded in the year 1984 as a manufacturer of personal computers with an initial investment of just USD 25,000.
Lenovo Company Details
| Headquarters | Haidian District, Beijing, China |
| Founded On | November 1, 1984 |
| Founders | Danny Lui, Liu Chuanzi |
| Industry | Computer hardware, Electronics |
| Products | Personal computers, smartphones, televisions, scanners, servers, supercomputers |
Products and Services
Lenovo manufactures and markets both laptops and desktops. Its prominent desktops are branded and sold as IdeaCentre and ThinkCentre, while its laptop series include ThinkPad, IdeaPad, Yoga and Xiaoxin. With the rise in popularity of mobile devices, Lenovo expanded its Think brand to include tablets as well with the launch of ThinkPad Tablet 2, ThinkPad 8, ThinkPad Helix, ThinkPad Yoga and ThinkPad Twist.
Lenovo smartphones are manufactured by its divisions, such as Motorola Mobility, ZUK Mobile and Medion, and marketed as LePhone in mainland China and IdeaPhone in other countries. About 50 million Lenovo smartphones were sold in the year 2013, with the bulk of sales coming from China. The major overseas markets for Lenovo smartphones are India, UK and Nigeria.
Other products and services include smart televisions, wearables, wireless roaming service called Lenovo Connect and IoT based smart home automation.
Operations and Global Presence
Lenovo operates manufacturing facilities in Chengdu and Hefei in China and also in Japan. Its global headquarters are present in Beijing, Singapore and North Carolina in USA. A host of research centres are present in Beijing, Shanghai, Chengdu, Nanjing, Wuhan and Xiamen.
Lenovo runs operations in more than 60 countries and sells its products in over 180 countries.
Conclusion
Lenovo is the world’s largest manufacturer and seller of personal computers, as of 2024. In the year 2022, Lenovo sold nearly 69 million of PC units and achieved a global market share of 24%.
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