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. The company was founded in 1984 as Legend—a name it maintained until 2003 when it formally acquired the name Lenovo—and has since grown to become the one of the world’s largest vendors of PCs, with more than 40 billion U.S. dollars in worldwide revenue, and around 60 thousand employees worldwide.

In 2015, Lenovo acquired IBM's personal computer business and, as of 2016, accounted for more than a 20 percent market share of the PC market. Lenovo is famous for its Think-branded computers that include the ThinkPad tablets, ThinkPad Yoga, ThinkPad Helix, as well as the ThinkPad Twist. The company’s worldwide shipments for desk-based and mobile PCs in 2016 amounted to approximately 55.9 million units.

In 2012, Lenovo entered the smartphone market. It went on to aquire the mobile phone handset maker Motorola Mobility from Google in 2014. In the third quarter of 2015 alone, Lenovo sold over 17 million new mobile phones to end users. Other notable products manufactured by Lenovo include its LeTV smart televisions and the Smart Band fitness wearables.

As of the third quarter of 2015, Lenovo held a 3.4 percent share of the smartwatch market, a 3.5 percent share of the market for cloud IT infrastructure, and was able to generate over 3 billion U.S. dollars in revenue from server sales alone. The company is also among of the leading manufacturers of supercomputers worldwide. In 2016, Lenovo unveiled Lenovo Connect, a wireless roaming service that works across devices, networks, and international borders.

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