WHAT IS LENOVO

Lenovo
Electronics company
Headquarters in China, Lenovo is a technology company founded by Liu Chuanzhi in 1984. Incorporated in 1988, the company was initially name ‘Legend’ and continued to operate under the same brand name for close to two decades. In 2002, the name was changed to Lenovo to expand its global presence. The company covers a wide spectrum of technology products — personal computers to notebooks, tablets, smartphones, workstations, servers, electronic storage devices, information technology management software and smart wearables.
Since its inception, the company has made several acquisitions to get access to the global market. In 2005, it acquired American information technology company IBM's personal computer business. This acquisition made Lenovo the third-largest computer maker worldwide by volume. In 2014, the company also acquired IBM’s Intel-based server business with the aim to become the world’s largest server maker.
In 2011, the company formed a joint venture with Japanese electronics manufacturer NEC to produce personal computers. Named Lenovo NEC Holdings, this joint venture was formed to strengthen Lenovo's global sales by expanding its presence in Japan, a key market for personal computers.
In 2014, the company proposed to acquire Motorola Mobility business for $2.91 billion from Google. The deal included Motorola’s Moto and Droid smartphone series. Though Google retained Motorola’s advance technology and project units, along with several patents, Lenovo received royalty-free licences to use all the patents retained by Google. The acquisition deal was finalised on October 30, 2014. While the Motorola Mobility headquarters remain in Chicago and the company continues to use the Motorola brand, Lenovo named its mobile device business president Liu Jun the new leader.
Besides products, Lenovo also offers a suite of software and services. These include the REACHit storage management application, the SHAREit wireless data transfer tool, the WRITEit handwriting recognition engine, the SECUREit mobile protection software, the SYNCit call log and contact information backup service, the SNAPit camera, and the SEEit gallery for smartphones. The company also has a wireless roaming service called Lenovo Connect. It works across devices, networks, and international borders in China, Europe, West Asia, and Africa.
ABOUT LENOVO
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Indian tablet market grows 68% in March 2022 quarter; Lenovo leads
The tablet market in India grew 68 per cent year-on-year in the first quarter ended March 2022, with Lenovo leading the chart, a ...| May 16, 2022, Monday -
Lenovo launches new ThinkCentre Neo desktops promising better performance
Lenovo on Monday announced its new 'ThinkCentre neo' portfolio of desktop computers in India, promising performance boost over ...| May 16, 2022, Monday -
Global PC shipments down 4.3% in Q1 at 78.7 mn units amid chip shortage
The Covid-19 lockdowns in China, especially in Shanghai and Kunshan, where many laptop manufacturing lines are located, will ...| April 28, 2022, Thursday -
Lenovo plans to hire 12,000 R&D professionals in next 3 years
Global conglomerate Lenovo has announced plans to hire 12,000 R&D professionals over the next three years, as it focuses on ...| April 05, 2022, Tuesday -
Samsung entering India laptop market this Holi, aims double-digit share
A top executive told IANS that the company is set to launch six laptops -- starting from nearly Rs 40,000 and going up to Rs 1 ...| March 15, 2022, Tuesday -
Android 12L coming to Samsung, Lenovo and Microsoft devices, says Google
Google has announced that it will bring the Android 12L operating system to Samsung, Lenovo and Microsoft devices later this| March 08, 2022, Tuesday -
Tech major Lenovo shuns 'CES 2022' in-person amid Omicron threat
Tech major Lenovo has joined a growing list of companies that have decided not to attend the 'CES 2022' in-person, as the Omicron ...| December 23, 2021, Thursday -
Dissatisfaction with Lenovo has accumulated in China in recent years
A recent article in Chinese state media hits out at Lenovo pointing to the comprehensive dissatisfaction accumulated among ...| November 24, 2021, Wednesday -
China's Lenovo says global chip shortage to persist as profit jumps
The company said it was able to outgrow the market by securing more supply of components than its peers| November 04, 2021, Thursday -
Lenovo businesses in India registered $621 mn revenue in Sept quarter
Lenovo Group has announced record quarterly results for the group globally, with "historic highs for both profit and revenue"| November 04, 2021, Thursday