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Lenovo - statistics & facts

Lenovo is a multinational technology company headquartered in Beijing, China. The company sells and produces a variety of consumer electronic products, such as personal computers (PCs), tablet computers, smartphones, workstations, servers, electronic storage devices, IT management software, and smart televisions.

Chinese business man Liu Chuanzhi founded Lenovo — then known as Legend — in 1984, changing name to become formally known as Lenovo in 2003. The company has since grown to become the one of the world’s largest vendors of PCs, with more than 50 billion U.S. dollars in worldwide revenue, and around 63 thousand employees worldwide.

In 2015, Lenovo acquired IBM's personal computer business and, as of 2019, accounted for more than 24 percent of total market share in the PC market. Lenovo’s product range includes PCs such as the ThinkPad, ThinkBook, IdeaPad, and Yoga. The company’s worldwide shipments for desk-based and mobile PCs in 2019 amounted to approximately 63 million units.

Lenovo also has a significant presence in the server market, shipping over 230 thousand servers in the fourth quarter of 2019 alone. The company is also among the top four manufacturers of high performance computers worldwide in terms of revenue, falling only behind HPE, Dell, and IBM. In addition to this, Lenovo accounted for 36 percent of the systems in the top 500 supercomputers worldwide, the highest of any vendor globally.

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Lenovo

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