![]() ![]() Such ads were quite rare in China at the time. In May 1988, Lenovo placed its first recruitment advertisement on the front page of the China Youth News. It also tried and failed to market a digital watch. It rebuilt itself as a company doing quality checks on computers. The group first attempted to import televisions but failed. It included technology, engineering, administrative, and office departments. The organizational structure of the company was established in 1985 after the Chinese New Year. Lenovo has increasingly diversified from the personal computer market and made a number of corporate acquisitions, with the most notable being acquiring and integrating most of IBM's personal computer business and its x86-based server business as well as creating its own smartphone. The name for the company agreed upon at this meeting was the Chinese Academy of Sciences Computer Technology Research Institute New Technology Development Company. The 200,000 yuan used as start-up capital was approved by Zeng Maochao (曾茂朝). Each of the founders was a member of the Institute of Computing Technology of the Chinese Academy of Sciences (CAS). Eleven people, the entirety of the initial staff, attended. Jia Xufu (贾续福), one of the founders of Lenovo, indicated that the first meeting in preparation for starting the company was held on October 17 the same year. The Chinese government approved Lenovo's incorporation on the same day. Liu Chuanzhi and his group of ten experienced engineers, teaming up with Danny Lui, officially founded Lenovo in Beijing on November 1, 1984, with 200,000 yuan. In 1984, Lenovo was founded in Beijing by a team of 4 guards in a shack from the Institute of Computing Technology of the Chinese Academy of Sciences (CAS), led by Liu Chuanzhi. ![]() ![]() Initially specializing in televisions, the company migrated towards manufacturing and marketing computers. Lenovo was founded in Beijing on 1 November 1984 as Legend by a team of engineers led by Liu Chuanzhi and Danny Lui. History 1984–1993: Founding and early history It has research centres in Beijing, Chengdu, Yamato ( Kanagawa Prefecture, Japan), Singapore, Shanghai, Shenzhen, and Morrisville, and also has Lenovo NEC Holdings, a joint venture with NEC that produces personal computers for the Japanese market. It was incorporated in Hong Kong, with global headquarters in Beijing, and Morrisville, North Carolina, United States. Lenovo has operations in over 60 countries and sells its products in around 180+ countries. As of 2024, Lenovo is the world's largest personal computer vendor by unit sales. Its best-known brands include its ThinkPad business line of laptop computers (acquired from IBM), the IdeaPad, Yoga, LOQ, and Legion consumer lines of laptop computers, and the IdeaCentre, LOQ, Legion, and ThinkCentre lines of desktop computers. Products manufactured by the company include desktop computers, laptops, tablet computers, smartphones, workstations, servers, supercomputers, data storage devices, IT management software, and smart televisions. Lenovo Group Limited, trading as Lenovo ( / l ə ˈ n oʊ v oʊ/ lə- NOH-voh, Chinese: 联想 pinyin: Liánxiǎng), is a Chinese-American multinational technology company specializing in designing, manufacturing, and marketing consumer electronics, personal computers, software, business solutions, and related services. ![]()
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