Lenovo is undoubtedly one of the leading personal technology companies in the world which produces innovative PCs as well as mobile internet devices. Today, Lenovo holds #286 on the fortune 500 list. Also, Lenovo is known as the world’s largest PC vendor & fourth largest smartphone company as well.
Lenovo company came into existence in the year 2004 and it has a long history. In the year 1984, Legend Holdings was built with 200,000 RMB, i.e. US$25,000, in a guard house in China. In 1988, Lenovo as a company was organized in Hong Kong and it emerged as the largest PC company in China. Later in the year 2004, Legend Holdings adopted its name- Lenovo and in 2005, it got the former Personal Computer Division of IBM. In the year 1981, the company invented the PC industry.
At present, Lenovo is a US$47 billion personal technology firm along with more than 57,000 employees, including joint ventures, in more than 60 countries. It is also serving customers of more than 160 countries and has numerous researches & manufacturing centers in countries across the world.
Lenovo has acquired a growth faster than the market for more than 4 years due to its excellently engineered products.
What do you want? A PC, tablet, smartphone, smart TV, storage, server or workstation? Lenovo has every product that their customers require regardless of a smart connected or infrastructure device, one can acquire anything! Lenovo is building real uniqueness from the competition- all thanks to its diagonally joined end-to-end business model. And this model is different among major technology organizations & also is an important source of competitive benefit, that also helps its customers to acquire more innovation- more efficiently as well as oppressively gain the PC+ opportunity.
While Lenovo has expanded universally, they are also establishing deeper roots in every major market by investing not only in sales & distribution but also in local domestic manufacturing, R&D and even other high-value functions. The global reach along with local excellence is also enabling Lenovo to create a new type of company- a “global-local” company & positions them to deeply implement their attack strategies and create the foundation for long-term success.
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There is no doubt that Lenovo does it in the right way, that is “the Lenovo Way”, with their own unique perspective, their own universal point of view and also their own commitment to build technology for all those customers who consider technology as an instrument to fulfill great things.