Products & Services
| | Product/Services|
Key Industry Statistics
Key Industry Figures| 2009| |
Industry Revenue| *48,449.8| $Mil|
Revenue Growth| *-2.4| %|
Industry Gross Product| *5,247.6| $Mil|
Number of Establishments| *436| Units|
Number of Enterprises| *468| Units|
Employment| *31,277| Units|
Exports| *7,133.1| $Mil|
Imports| *38,100.7| $Mil|
Total Wages| *1,807.7| $Mil|
Lenovo Group Limited is a Chinese-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 principal operations are currently located in Beijing, China, Morrisville, North Carolina 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. 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. 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.
Lenovo strives to be a new world company that makes award-winning PCs for our customers. We operate as a company uninhibited by walls or organizational structures using world sourcing to harness the power of innovation across our global team. We design...