The China-based group is a global supplier of Think-branded commercial PCs and Idea-branded consumer PCs, holding a dominant position in China. Lenovo offers services for enterprise, small business, and home office markets.
Certain products and services are geared specifically at the growing education, government, and healthcare verticals. Lenovo formed out of the acquisition of IBM's Personal Computing Division in 2005.
Hong Kong-based Lenovo serves customers in more than 160 countries. The company generates more than 40% of its sales in China, where it holds more than 30% market share in PCs. Elsewhere, it generates about 20% of its sales in both Europe, the Middle East, Africa, the Asia-Pacific, and Latin America regions. Lenovo is also increasing sales in other emerging markets.
Lenovo has operations in more than 60 countries across the globe, with operation hubs in Beijing, Paris, and North Carolina, and a marketing hub in Bangalore, India. It also has major research centers in Yokohama, Japan, and in China in Beijing, Shanghai, and Shenzhen.
Aiming to boost sales growth, Lenovo in 2013 began producing PCs in Raleigh, North Carolina at a new assembly plant. As part of this effort, the company is devoting more investment dollars to domestic manufacturing.
However, with demand for PCs declining, Lenovo has diversified into smartphones, tablets, and other mobile devices. Built upon the robust computers the company has been designing and manufacturing Lenovo phones and Lenovo tablets, which are now among the leading mobile devices in the world. Lenovo smartphones and tablets features powerful multi-core processors, access to the latest apps through the Android OS, and peerless display technology.
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