[12], Lenovo sold its smartphone and tablet division in 2008 for US$100 million in order to focus on personal computers and then paid US$200 million to buy it back in November 2009. [201][202] Lenovo advised users to remove the offending app, "Lenovo Accelerator". It became the best selling computer in Chinese history in 2000. [194] Salon tech writer David Auerbach compared the Superfish incident to the Sony DRM rootkit scandal, and argued that "installing Superfish is one of the most irresponsible mistakes an established tech company has ever made. The company started roadshows twice per year to meet institutional investors. [2] All three desktops were equipped with Intel Pentium 4 processors. Khan asserted that he had never given Lenovo permission to use his video. Lenovo previously had difficulty breaking into the United Kingdom due to the high proportion of customers who sign contracts and receive phones from carriers. Ashton will help us break new ground by challenging assumptions, bringing a new perspective and contributing his technical expertise to Yoga Tablet and other devices. Lenovo has operations in over 60 countries and sells its products in around 180 countries. Options for Microsoft Windows and Google's Chrome OS are both available. "Legend" was already in use by many businesses worldwide (whose products and services (in the United States, for example) would include those from both the technological and non-technological arenas of industry and commerce),[67] making it impossible to register in many jurisdictions outside China. It has an optical heart-rate monitor and can be used to track distance and time spent running and calories burned. [15] Prior to the IPO, many analysts were optimistic about Lenovo. [2] The caddy had rubber bumpers to reduce vibration and operational noise. A mouse and keyboard come standard. [14], Lenovo (known at the time as Legend) became publicly traded after a 1994 Hong Kong IPO that raised nearly US$30 million. Lenovo said that positions in research and development and customer-facing roles such as marketing would be "100% protected", but expected "rationalization" of its supply chain and procurement. Everything is done by our management team. The X1 is the first monitor to receive the TUV Eye-Comfort certification. [18] Lenovo paid US$1.25 billion for IBM's computer business and assumed an additional US$500 million of IBM's debt. [102] As of November 2012, Lenovo was the second largest seller of mobile phones in China when measured by volume. The same month Lenovo released its flagship S9 Smart TV. This service works across devices, networks, and borders for customers in China and EMEA (Europe, the Middle East and Africa). [25], On January 27, 2011, Lenovo formed a joint venture to produce personal computers with Japanese electronics firm NEC. Yang was chairman of Lenovo's board from 2004 to 2008, and returned as chairman in 2012 alongside his role as CEO. [137], Lenovo assembles smartphones in Chennai, India through a contract manufacturing agreement with Flextronics. [103][104], In January 2014, Lenovo announced a proposed deal to acquire Motorola Mobility to bolster its plans for the U.S. Martin Campbell, who previously worked on action movies and James Bond films such as GoldenEye and the remake of Casino Royale, shot this film. [145] Lenovo identifies its facilities in Morrisville, Beijing, and Singapore as its "key location addresses",[146] where its principal operations occur. [191], The head of Superfish responded to security concerns by saying the vulnerability was "inadvertently" introduced by Komodia, which built the application. The purchase included standards-essential patents for 3G and LTE cellular technologies and other patents related to smartphones and tablets. As of June 2011, Yang owned an 8 percent stake in Lenovo. Lenovo entered the smartphone market in 2012 and as of 2014 was the largest vendor of smartphones in mainland China. Lenovo ThinkStations are workstations designed for high-end computing. Shafer also said that Yang, who owns about eight percent of Lenovo's stock, "felt that he was rewarded well simply as the owner of the company. Some examples of this include: M55e series, A50 series, M72 series. [63], In 2018, Lenovo became the world's largest provider for the TOP500 supercomputers. Yang also stressed the opportunity presented by the China's relatively low penetration rate of personal computers. [19], In March 2009, two small, low-cost desktops were announced by Lenovo: the ThinkCentre A58 and the ThinkCentre M58e. Wi-fi is 802.11ac. [151] The inclusion of Lenovo and Tencent, China's largest internet firm, significantly increased the weight of the technology sector on the index. [138][139] In November 2015, Lenovo announced that it would start manufacturing computers in Pondicherry. Compra lo último en tecnología de Lenovo, portátiles, ordenadores de sobremesa, workstations, tablets, smartphones, asistentes virtuales o monitores. These three elements have shored up our sales revenue in the past several years. Differentiation of key parts is so important. The device, branded a "Smartband", has a battery life of seven days. This acquisition made Lenovo the third-largest computer maker worldwide by volume. Later in October, Lenovo expressed interest in acquiring the Canadian smartphone maker BlackBerry Ltd. [2], In 2005, after completing its acquisition of IBM's personal computing business, Lenovo announced the ThinkCentre E Series desktops, designed specifically for small businesses. [2] All desktop models were made available with ImageUltra. The deal has been already approved by Europe, China and the United States. [78] The focus of this support package was to provide small businesses with software tools to ease the process of server management and reduce dependence on IT support.[79]. [15] The ThinkCentre desktops received an overall rating of EPEAT silver. "[172] The NFL has been a Lenovo customer since 2007. As of 2010, LeGarden had more than 1,000 programs available for the LePhone. [186][187] When the Superfish private key was compromised, it was also discovered that the same private key was used across all installations of the software, leaving users vulnerable to security exploits utilizing the key. More specifically, Stoneware was acquired to further Lenovo's efforts to improve and expand its cloud-computing services. [84] This came in the wake of media coverage of problems that users were having while trying to install Ubuntu on several Yoga models, including the 900 ISK2, 900 ISK For Business, 900S, and 710, which were traced back to Lenovo disabling and removing support for the AHCI storage mode for the device's Solid State Drive in the computer's BIOS, in favor of a RAID mode that is only supported by Windows 10 drivers that come with the system. The United States Department of Treasury Committee on Foreign Investment in the United States (CFIUS) was reportedly the last hurdle for Lenovo, since the United States has the strictest policies. [51], The acquisition was completed on 30 October 2014. While Hong Kong-listed firms were only required to issue financial reports twice per year, Lenovo followed the international norm of issuing quarterly reports. [114], In the reorganization which followed, Lenovo was uncertain how to brand its Motorola smartphones. The IdeaPad is the result of Lenovo's own research and development; Unlike the ThinkPad line, its design and branding were not inherited from IBM. Lenovo said the acquisition would double its share of the German computer market, making it the third-largest vendor by sales (after Acer and Hewlett-Packard). [8], In March 2013, Lenovo was included as a constituent stock in the Hang Seng Index. Impossible. [13], In August 2006, the ThinkCentre A60 desktop was announced. [21] This was because the M57 and M57p were the first desktops from any manufacturer to receive a GREENGUARD certification. [64], "Lenovo" is a portmanteau of "Le-" (from Legend) and "novo", Latin ablative for "new". [26], This joint venture was intended to boost Lenovo's worldwide sales by expanding its presence in Japan, a key market for personal computers. Motorola has long and established relationships with routes to market in North America and the UK, where people are tied to their network operator. [118], Rumors that Lenovo was developing a wearable device were confirmed in October 2014 after the company submitted a regulatory finding to the Federal Communications Commission. Lenovo Group Limited, often shortened to Lenovo (/ l ɛ ˈ n oʊ v oʊ / leh-NOH-voh), is a Chinese multinational technology company.Incorporated in Hong Kong, it has global headquarters in Beijing, China, operational headquarters in Morrisville, North Carolina, US, and an operational center in Singapore. It was initially sold by IBM from 2003 to 2005. Even in my dreams, I never imagined that one day we could buy the IBM PC business. [192] In response to the criticism, Lenovo detailed that it would cease further distribution and use of the Superfish software, and offered affected customers free six-month subscriptions to the McAfee LiveSafe software. [182] "For Those Who Do" was designed to appeal to young consumers in the 18- to 25-year-old demographic by stressing its utility to creative individuals that Lenovo's advertising refers to as "doers". Stoneware was founded in 2000. [92], At CES 2011, Lenovo announced the launch of four IdeaCentre desktops: the A320, B520, B320, and C205. [14], In September 2006, Lenovo announced that its ThinkPad, ThinkCentre, and ThinkVision products received high ratings from EPEAT. [20], IBM acquired an 18.9% shareholding in Lenovo in 2005 as part of Lenovo's purchase of IBM's personal computing division. [24] Lenovo invested CN¥100 million in a fund dedicated to providing seed funding for mobile application development for its LeGarden online app store. [91] The first IdeaCentre desktop, the IdeaCentre K210, was announced by Lenovo on 30 June 2008. [15], Lenovo acquired IBM's personal computer business in 2005, including the ThinkPad laptop and tablet lines. Lenovo spent 18 million RMB on an eight-week television advertising campaign. Lenovo uses its close relationships with distributors to gain market intelligence and speed up product development. Out of the 500 respondents, 280 were selected to take a written employment exam. The ThinkCentre Tiny-In-One II comes in versions with 22-inch and 24-inch anti-glare displays with thin bezels and optional multitouch input. David Roman, Lenovo's chief marketing officer, said, "His partnership goes beyond traditional bounds by deeply integrating him into our organization as a product engineer. We asked 'If we really are a net-driven, customer-centric company, what should the logo look like?' [44], After closing, Lenovo said that its goal was to become the world's largest maker of servers. "[161] The bonuses were mostly distributed among staff working in positions such as production and reception who received an average of 2,000 yuan or about US$314. [39], In May 2012, Lenovo announced an investment of US$793 million in the construction of a mobile phone manufacturing and R&D facility in Wuhan, Hubei. For instance, index funds pegged to the Hang Seng and pension funds that consider index inclusion now have the opportunity to invest in Lenovo. In 2002, Yang Yuanqing decided to abandon the Legend English name to expand beyond the Chinese home market. Yang worried that fears about Lenovo's supposed connections to the Chinese government would be an ongoing issue in the United States. ThinkCentre computers typically include mid-range to high-end processors, options for discrete graphics cards, and multi-monitor support. [12], By 1996, Lenovo was the market leader in China and began selling its own laptop. The company received offers of over $11 million in incentive funds from the local Morrisville, North Carolina, area and from the State of North Carolina on the condition that the company employs about 2,200 people. Lenovo ThinkCentre M720 Tiny M720q Desktop - Intel Core i5-8400T Processor, 16GB RAM, 512GB PCIe-NVMe SSD + 1TB HDD, Windows 10 Pro 64-bit. LenovoEMC's products were formerly offered under the Iomega brand name. [107], Lenovo plus Motorola was the 3rd largest producer of smartphones by volume in the world between 2011 and 2014. Its largest side measures about 7 inches square. One of his major achievements was leading Lenovo to become the best-selling personal computer brand in China since 1997. At the same time, LeGarden counted 2,774 individual developers and 542 developer companies as members. Lenovo was founded in Beijing in November 1984 as Legend, and was incorporated in Hong Kong in 1988. West Africa followed when Lenovo set-up a Nigerian legal office and then expanded to Ghana, Zimbabwe, Mozambique and Botswana. The ThinkVision X24 Pro monitor is a 24-inch 1920 by 1080 pixel thin-bezel display that uses an IPS LCD panel. "[177] As of 2013, Lenovo had about 6,000 retailers selling smartphones and tablets in India. A collection of the top 52 Lenovo ThinkPad wallpapers and backgrounds available for download for free. An official stated that "we have been pretty consistent that the message is Canada is open to foreign investment and investment from China in particular but not at the cost of compromising national security". [153], In 2009, China 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. Lenovo created an audit committee and a compensation committee with non-management directors. In early 2016, Lenovo carried out a comprehensive restructuring of its business units. [94], In 2013, Lenovo added a table computer to the IdeaCentre line. It included a technology, engineering, administrative, and office departments. He will be paid in cash for 80 percent of the shares and will receive 20 percent in Lenovo stock. The first Legion brand laptops was revealed at CES 2017, the Legion Y520 and the Legion Y720. According to a May report released by IDC Lenovo ranks fourth in the global tablet market by volume. In 2014, Lenovo acquired Motorola Mobility from Google. As of September 2012, Stoneware is based in Carmel, Indiana and has 67 employees. In April 2003, the company publicly announced its new English name, "Lenovo", with an advertising campaign including huge billboards and primetime television ads. [96] On June 6, 2017, a high-performance model, the Legion Y920, equipped with Intel’s seventh-generation quad-core i7-7820HK and Nvidia GTX 1070 discrete graphics, was launched. Lenovo previously benefited from the Chinese government's rural subsidies, part of a wider economic stimulus initiative, designed to increase purchases of appliances and electronics. "[168] Kobe Bryant became an official ambassador for Lenovo smartphones in China and Southeast Asia in early 2013. [203] According to Lenovo, the app, designed to "speed up the loading" of Lenovo applications, created a man-in-the-middle security vulnerability. [65] "Lianxiang" was first used to refer to a layout of Chinese typewriters in the 1950s organized into groups of common words and phrases rather than the standard dictionary layout. Its modular design allows its display and internals to be upgraded as needed. [2] The hard disk was fixed in place by a 'caddy' without the use of screws. "[156], As of 2014, the Chinese Academy of Sciences, owns 11.7% of Lenovo.[157]. Lenovo Group Limited, often shortened to Lenovo (/lɛˈnoʊvoʊ/ leh-NOH-voh), is a Chinese[6] multinational technology company. Proceeds from the offering were used to finance sales offices in Europe, North America and Australia, to expand and improve production and research and development, and to increase working capital. [147] The company registered office is on the 23rd floor of the Lincoln House building of the Taikoo Place in Quarry Bay, Hong Kong. So we started investing more ... and working very closely with key parts suppliers. Two foreigners have previously served as Lenovo's CEO.[69]. It was co-branded with China Telecom and it was bundled with one year of Internet service. [82][83], On September 21, 2016, Lenovo confirmed that their Yoga series is not meant to be compatible with Linux operating systems, that they know it is impossible to install Linux on some models, and that it is not supported. In 2006, Lenovo announced that it was consolidating its U.S. headquarters, a logistics facility in Boulder, Colorado, and a call center in Atlanta, Georgia, to a new facility in Morrisville. [43] Lenovo said this acquisition came in at a price lower than the previously announced $2.3 billion partially because of a change in the value of IBM inventories. Yang Yuanqing is the chairman and chief executive officer of Lenovo. [30][31] Prior to its acquisition of CCE, Lenovo already established a $30 million factory in Brazil, but Lenovo's management had felt that they needed a local partner to maximize regional growth. [8][9], The Chromebox Tiny is a small desktop computer with 2-gigahertz Intel i3-5005U processor, 4 gigabytes of memory, a 16 GB solid-state drive, integrated graphics that runs Google's Chrome OS. "[54], In early June 2015, Lenovo announced plans to sell up to US$650 million in five-year bonds denominated in Chinese yuan. Amar Babu, Lenovo's managing director for India, said, "To reach out to small towns and the hinterland, we have tied up with 40 regional distributors. We came up with the idea of a digital logo first … designed to be used on the internet and adaptable to context. In November 2015, members of Lenovo management made statements that Lenovo would use the Motorola brand for all its smartphones. [3], In 2005, Technology Business Research (TBR) observed an increase in the customer satisfaction rate for ThinkCentre desktops. [1], The ThinkCentre line of desktop computers was introduced by IBM in 2003. [21] Since then, IBM has steadily reduced its holdings of Lenovo stock. On its first day of trading, the company's stock price hit a high of HK$2.07 and closed at HK$2.00. During this period Stoneware's sales doubled. "[29], This acquisition will give Lenovo 14% of the German computer market. "[132][134], In October 2012, Lenovo announced that it would start assembling computers in Whitsett, North Carolina. [61] The servers were reportedly designed to outperform Storage Area Network (SAN) SAN arrays.[61]. Lenovo also got the future Motorola Mobility product roadmap. It was designed for education and business. In 2001, Business Week named him one of Asia's rising stars in business. The ThinkVision X1 is a 27-inch 3840 by 2160 pixel thin-bezel display that uses a 10-bit panel with 99% coverage of the sRGB color gamut. [80], At the 2016 International CES, Lenovo announced two displays with both USB-C and DisplayPort connectivity. Lenovo's Chief Marketing Officer David Roman said, "When we first started looking at it, it wasn't about just a change in typography or the look of the logo. The company's CEO, Yang Yuanqing, said, "Lenovo does not want to be the second player ... we want to be the best. You will", "Lenovo passes Dell to become world's No 2 PC maker", "From guard shack to global giant; Chinese industry", "Lenovo chief: We're in the PC-plus, not post-PC era", "Meet the 'father of the ThinkPad' laptop", "CES 2014: Lenovo talks up $799 4K monitor that works with existing computers", "Lenovo Launches ThinkVision Displays With USB-C Docking At CES", "Lenovo Statement on Linux Support for Yoga | Lenovo Newsroom", "Lenovo's Signature laptops refuse to install Linux", "Lenovo confirms that Linux won't work on Yoga 900 and 900S laptops", "Lenovo denies deliberately blocking Linux on Windows 10 PCs - TechRepublic", "Lenovo reportedly blocking Linux on Windows 10 Signature Edition PCs (updated) | ZDNet", "Lenovo downward dogs with Yoga BIOS update supporting Linux installs", "(Linux Only) BIOS Update for Windows 10 (64-bit) - Yoga 900-13ISK2 - US", "Lenovo Introduces New Line Of IdeaCentre Desktops / All-In-One PCs At CES", "Lenovo announces its first desktop, IdeaCentre K210", "Lenovo debuts giant IdeaCentre Horizon Table PC", "Lenovo Legion Y720 and Y520 laptops launch for your gaming and VR needs", "Lenovo's Legion Y920 is a high-end gaming laptop (with a price to match)", "Lenovo's Legion Gets Bigger with Y920: 17-inch G-SYNC, Core i7-K, GTX 1070, TB3", "New Lenovo Legion™ Gaming PCs are Stylish on the Outside, Savage on the Inside", "Lenovo's Windows Phone 8 Plans In Full Force: First Device Out In 2013? [113] In response to the weak sales, Lenovo announced in August 2015 that it would lay off 3,200 employees, mostly in its Motorola smartphone business. It also implies creativity. The ThinkPad has been used in space and were the only laptops certified for use on the International Space Station. An additional payment of 400 million reals was made dependent upon performance benchmarks. In 2008, Lenovo expanded the focus of its THINK brand to include workstations, with the ThinkStation S10 being the first model released. OEM Lenovo ThinkCentre M910 Tiny M910q Intel Quad Core i5-6500T, 16GB RAM, 250GB SSD, WiFi Intel 8265-AC, W10P Business Desktop. Similar to the ThinkPad line of computers, there have been budget lines of ThinkCentre branded computers in the past. [85][86][87][88] Lenovo has since released an alternative firmware that has restored the AHCI mode to the drive controller to allow installation of Linux operating systems. A memory card reader is optional. Products such as the Lenovo Yoga series are popular in Africa because of their long battery life, as many areas have unreliable electrical supply. [92] While the IdeaCentre line consists only of desktops, it shares design elements and features with the IdeaPad line. [55], Lenovo said that its x86 servers will be available to all its channel partners. Speaking at Lenovo's annual general meeting in Hong Kong in 2013, Yang Yuanqing said: "I believe urbanisation will help us further increase the overall [domestic] PC market." [177], Lenovo has assembled a team of senior managers familiar with the Indian market, launched mobile phones at all price points there, and worked on branding to build market share. He said, "We are not a government-controlled company." 120 of these candidates were interviewed in person. Currently using this monitor and the 24" version for work and it's perfect for that use. It was unthinkable. Some of the company's earliest products included the KT8920 mainframe computer[12] and a circuit board that allowed IBM-compatible personal computers to process Chinese characters. These "budget" lines are typically "thin clients" however. [40], IBM's sold its Intel-based server lines, including IBM System x and IBM BladeCenter, to Lenovo in 2014. ", "The tech business week: Lenovo to double Irish workforce, Duolog opens Texas offices", "Lenovo Plans to Debut Africa Smartphone in Nigeria This Year", "Protect and Attack: Lenovo's New Strategy", "Lenovo Aims a Campaign at the Apple Crowd", "Lenovo to Start Manufacturing Computers in America", "New Lenovo Campaign Plays Up Weird in the Good Way", "Researchers: Lenovo laptops ship with adware that hijacks HTTPS connections", "Lenovo's security breakdown shows the danger of invisible systems", "Lenovo accused of compromising user security by installing adware on new PCs", "How Lenovo's Superfish 'Malware' Works And What You Can Do To Kill It", "Lenovo Only Made Up To $250,000 From Nightmare Superfish Deal, Say Sources", "FTC settles with Lenovo over a built-in snooping software, $3.5 million fine", "Superfish fallout: Lenovo to give away free McAfee LiveSafe security suite", "Lenovo slipped 'Superfish' malware into laptops", "Lenovo Promises No More Bloatware Starting with Windows 10", "Lenovo used Windows anti-theft feature to install persistent crapware", "Windows and UEFI anti-theft mechanism makes systems less secure", "Lenovo's Service Engine marks yet another bloatware blunder for the company", "Lenovo collects usage data on ThinkPad, ThinkCentre and ThinkStation PCs", "Unbox your laptop, and say hello to security risks", "ut-of-Box Exploitation — A Security Analysis of OEM Updaters", "Lenovo Urges Windows 10 Users to Uninstall Dangerous Utility", "Creator claims Lenovo stole foldable Moto Razr video it played at a press event", "Kids May Be Using Laptops Made With Forced Labor This Fall", "Commerce Department Adds Eleven Chinese Entities Implicated in Human Rights Abuses in Xinjiang to the Entity List", https://en.wikipedia.org/w/index.php?title=Lenovo&oldid=1002393515, Companies listed on the Hong Kong Stock Exchange, Companies traded over-the-counter in the United States, Electronics companies established in 1984, Multinational companies headquartered in China, Pages containing links to subscription-only content, Short description is different from Wikidata, Articles containing Chinese-language text, Articles containing potentially dated statements from 2009, All articles containing potentially dated statements, Articles containing simplified Chinese-language text, Articles containing traditional Chinese-language text, Articles containing Japanese-language text, Articles containing potentially dated statements from July 2013, Articles containing potentially dated statements from March 2018, Wikipedia articles with WORLDCATID identifiers, Creative Commons Attribution-ShareAlike License, This page was last edited on 24 January 2021, at 05:59.