Lenovo Group Net Worth is9.0 $Billion
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Company Name: Lenovo Group Limited
Company Type: Public company
Traded As: 0992
Foundation: 1984 (Beijing)
Founder: Liu Chuanzhi
Location: Morrisville, North Carolina, North Carolina, (registered office)
Area Served: Worldwide
Key People: Yang Yuanqing , revenue
Net Income: operating income
Assets: equity
Num Employees: 27,000 (2012) Industry: Computer hardware, Electronics
Products: Desktop computer, Server (computing), Laptops, tablet computers, netbooks, peripherals, Printer (computing), televisions, Image scanners, Computer storage
Homepage: www.lenovo.com
Lenovo Group Limited (SEHK: 0992) is a Chinese multinational computer hardware and electronics company with its operational headquarters in Morrisville, North Carolina, United States and its registered office in Hong Kong. Its products include personal computers, tablet computers, mobile phones, workstations, servers, electronic storage devices, IT management software and smart televisions. Lenovo is the world's second-largest PC vendor by 2011 market share (after Hewlett-Packard) and markets the ThinkPad line of notebook computers and the ThinkCentre line of desktops.
Lenovo has operations in more than 60 countries and sells its products in around 160 countries. Lenovo was founded in Beijing in 1984 and incorporated in Hong Kong in 1988 under its previous name, Legend. Lenovo is listed on the Hong Kong Stock Exchange and is a constituent of the Hang Seng China-Affiliated Corporations Index.
"Lenovo" is a portmanteau of "Le-" (from Legend) and "novo", Latin ablative for "new". The Chinese name (simplified Chinese: e??ae??; traditional Chinese: e??ae??; pinyin: liA?nxiC?ng) means "association" (as in "word association") or "connected thinking" but can also imply creativity.
For the first 19 years of its existence the company's English name was "Legend" (in Chinese e??ae?? Lianxiang). In 2002, Yang Yuanqing came to the conclusion that the company would have to abandon the use of the Legend brand name in order to develop outside of China, as the "Legend" name was already in use by a large number of other businesses worldwide, and its ubiquitous nature made it impossible to register in most markets.
In April 2003, the company publicly announced its new name, "Lenovo", with a large media campaign involving huge outdoor billboards and primetime television advertisements. Lenovo spent 18 million RMB on television advertisements, which were broadcast daily for eight weeks. The billboard advertisements featured the Lenovo logo against blue sky with copy that read

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Lenovo Group Latest News

Military Warns Chinese Computer Gear Poses Cyber Spy Threat

About 27 percent of Lenovo Group Ltd. is owned by the Chinese Academy of Science, a government research institute. In April, a Chinese Academy of Sciences space imagery expert, Zhou Zhixin, was named to a senior post in the Chinese military’s new ...
Posted: October 24, 2016, 10:40 am

Lenovo doubles down on PCs as Fujitsu moves away from hardware

BEIJING/TOKYO Japan's Fujitsu plans to sell its struggling personal computer operations to Lenovo Group as part of its efforts to switch focus from hardware to IT services. Taking over Fujitsu's PC operations would cement Lenovo's dominance in the Japanese ...
Posted: October 12, 2016, 6:44 pm

Lenovo Debuts Commercial Desktops and Notebooks Featuring 7th Generation AMD PRO Processors

PC & Smart Device Business Group at Lenovo. “The ThinkPad E475 and E575 notebooks and ThinkCentre M715 Tiny, based on the AMD PRO processor portfolio, enables businesses to deliver real-world performance and dependability optimized for business’ needs ...
Posted: October 24, 2016, 11:10 am
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