About Lenovo

Lenovo Group Limited is a People's Republic of China-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 executive headquarters are in Morrisville, North Carolina, United States. Lenovo's principal operations are currently located in Beijing, P. R. China, Morrisville 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. For the year ending with third quarter 2010, its market share increased from 8.6 percent to 10.4 percent. 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.
On January 27, 2010, Lenovo formed a PC joint venture with Japanese PC maker NEC. As part of the deal, the companies said in a statement they will establish a new company called Lenovo NEC Holdings B.V., which will be registered in the Netherlands. NEC will receive US$175 million from Lenovo through the issuance of Lenovo's shares. Lenovo, through a unit, will own a 51% stake in the joint venture, while NEC will hold a 49% stake.

The Lenovo ThinkCentre is a line of desktop computers formerly produced by IBM (from 2003 to 2005); it is now made by Lenovo (from 2005 to present).

History

The ThinkCentre was released in 2003, replacing the IBM NetVista. In 2005, Lenovo purchased the IBM PC division; the ThinkCentre along with ThinkPad and ThinkStation are now produced by Lenovo.

In 2005, the Chinese manufacturer Lenovo purchased the ThinkPad brand from IBM in a five-year deal, whereby IBM still helps in the marketing and support of these products.

The following are some of the changes that have been made to the ThinkPad line:

• Added Magnesium-alloy chassis roll cage to reduce motherboard flex caused by holding the laptop one handed on a corner.
• Added Magnesium-alloy lid roll cage for a sturdier lid while replacing the lid material from magnesium-alloy to plastic for better wireless signal reception.
• Added Carbon Fiber Reinforced Plastic to 15 in (380 mm) ThinkPad Models.
• Reintroduced a line of Tablet PCs based on the X-series.
• Moved the physical location of GPU to the edge of motherboard near hinge to reduce the chance of damage caused by motherboard flex.
• Introduced Widescreen displays with the Z-series and added Widescreen to the T-series.
• Introduced a lower-priced laptop under the Z-series.
• Added rubber cushion to the hard drive tray to reduce vibration and to absorb shock.
• Added the Windows key to all 60-series and newer laptops making all the Windows shortcuts possible (although possible before with the keyboard remapping utility).
• Official support for Linux on select models.
• Added second drainage hole starting with the Z60-series.
• Ported the ThinkPad keyboard into stand-alone keyboards for desktop PCs in PS/2 or USB.
• Expanded usage of the ThinkPad brand name to cover the SL-series, based on designs and chassis from the consumer IdeaPad line.
• Expanded usage of the ThinkPad brand name to cover the Thinkpad Edge-series, which used a more modern design with island style keyboard.
• Added an intercooling mechanism that allows the computer's inner workings to remain cool while in use
• Placed vents and a draining mechanism that allows any spilled material to drain through the computer without damaging the keyboard

Source: http://en.wikipedia.org/wiki/Lenovo

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