Lenovo

Yang Yuanqing (Chief Executive Officer ) Rory Read ( President and Chief Operating Officer )

Profit: 584 million U.S. dollars ( 2012)

Lenovo [ lɛnɔvo ] (" Le " from English legend, legend ', " novo " from Latin novo ' new '; formerly Legend Group ) is the largest personal computer manufacturer in the People's Republic of China and lies on the number of PCs sold worldwide in 2013 to the top with a market share of just under 17% HP before. Its main shareholder is the Legend Holdings (34 % stake), which in turn belong to 65% of State Chinese Academy of Sciences. The company took over in 2005, the PC division of IBM.

History

In 1984, a group of young Chinese scientists the company. They initially were limited to the sales of computers and printers IBM, ACT and Hewlett-Packard. My Devices Lenovo brought in the late 1980s on the market.

In 2004 the company was the market leader in the Chinese market. The world market share was 2.3% at the same time. Starting December 2004, Lenovo announced to want to take over the PC division of IBM for 1.75 billion U.S. dollars. Their global market share was 6%. On 9 March 2005, the authorities of the United States approved the acquisition, which was officially completed on 1 May 2005. The company's headquarters was then moved to Raleigh in North Carolina, with main offices in Beijing and Singapore. Stephen Ward, former head of the PC division of IBM, has been appointed CEO of the entire company. Yang Yuanqin, former CEO of Lenovo, took over the post of Chairman of the Board. Sales of Lenovo Group increased with the merger of 2.9 billion U.S. dollars in 2005 to 13.3 billion U.S. dollars in 2006.

In January 2011 it was announced that NEC and Lenovo will merge in the PC business. Through joint development, production and material procurement synergies to be created, the two companies will help to reduce the gap to market leader HP. The new joint venture 51% owned by Lenovo and 49% by NEC. In addition, the end products will continue to be sold under the existing brand name.

Lenovo offered in early June 2011 629 million euros for a majority stake in the Aldi Medion AG supplier. The European Commission announced on July 26, 2011 the green light to the takeover after its experts had examined in particular the activities of both companies on desktop computers, laptops, computer monitors, and accessories. The focus was on the PC market in Germany and Denmark, to which the merger has the most impact. In support, the Commission stated that the company would strong competitors such as Acer, HP or Asus face so that it pass on sufficient competition. She came to the conclusion: ". The combined market shares of Lenovo and Medion are generally relatively low," Every 1000 Medion employees to be transferred.

Early 2014 bought the Lenovo mobile phone manufacturer Motorola Mobility by Google for $ 2.91 billion.

Products

Lenovo produces a variety of electronic devices for the worldwide sale:

  • Lenovo ThinkCentre PCs, and All -in-one computer
  • Lenovo ThinkPad notebooks and Tablet PCs of the series T, W, X, L and E
  • Lenovo ThinkStation Workstation
  • Lenovo ThinkServer Server
  • IdeaCentre PCs, All- in-one computer and nettops Series K, A, B and Q
  • IdeaPad notebooks
  • Lenovo Essential PCs, and All - in-one computer of the Series C
  • Lenovo Essential laptops B Series and G
  • CRT and LCD computer monitors
  • ThinkVision Monitors
  • Lenovo mobile phones, currently available only in China on sale (as of January 2010).

An agreement that it allows Lenovo notebooks and PCs under the brand IBM to sell, ended with the 2010 financial year. Early 2011, IBM sold the rest of his Lenovo shares.

Market share

According to market research firm IDC, Lenovo was in the second quarter of 2013 with 16.7 percent market share against HP ( 16.4 %) and Dell ( 12.2 %) of the largest PC manufacturer in the world. Compared with the same quarter last year, this resulted in an increase in market share by 1.7 percentage points. HP increased its market share compared to the second quarter of 2012 as well ( 0.7 percentage points).

Conservation

Greenpeace Lenovo provides in terms of environmental protection at number 9 of 15 electric manufacturers, so rather to the rear midfield (as of November 2012; Location 1 is the most environmentally friendly ). The aim is to dangerous chemical substances in the production chain, as well as disposal and recycling.

Sponsoring

Lenovo was a major sponsor of Formula 1 racing team Williams F1 and since 2009, sponsors the racing team McLaren F1.

Olympic Games 2008

Lenovo was the main sponsor of the Olympic Summer Games in 2008. Introduced you to the company a complete information technology with more than 30,000 desktops, notebooks, monitors and servers. This infrastructure was responsible for collecting participant data to displaying the game results at the National Stadium, the Aquatics Centre and on TV.

In addition, Lenovo had six fully equipped Internet lounges, called iLounges, set up in the Olympic Villages. This allowed the participants at the Olympic games, to keep up with friends and family via Internet contact. More lounges had built for the national organizing committee as well as the headquarters of the sponsors Lenovo.

Types of business entity Raleigh (North Carolina) Board of Directors Desktop-Computer Electronic visual display Host (network)
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