Q1. Who is Lenovo?
Lenovo is an innovative, international technology company. It is the world's fourth-largest PC vendor, as a result of the acquisition of the IBM Personal Computing Division by Lenovo Group. The transaction was completed in May 2005.
Lenovo has been the number-one PC vendor in China for 11 consecutive years. IBM's PC Division, prior to becoming part of Lenovo, was ranked third in the global market.
Q2. What are Lenovo's principal businesses?
Lenovo develops, manufactures and markets cutting-edge, reliable, secure, high-quality PC products and value-added professional services that provide customers around the world with smarter ways to be productive and competitive.
Worldwide, the company sells the award-winning ThinkPad notebooks and ThinkCentre desktops -- featuring the ThinkVantage Technologies software tools -- Lenovo 3000 PCs, IdeaPad consumer notebooks and IdeaCentre desktops, ThinkVision monitors, ThinkStation workstations and a full line of PC accessories and options.
In China, Lenovo commands about one-third of the PC market, covering all segments. Its leading-edge PCs are highly-acclaimed for their user-friendly, tailor-made designs and customized solutions for various customer needs, including the Tianjiao and Fengxing consumer desktops and Yangtian and Kaitian enterprise desktops. Lenovo also has a broad and expanding product line encompassing servers, peripherals and digital entertainment products for the China market.
Q3. Where are Lenovo's principal operations?
Lenovo's principal operations are in Beijing, Paris, Morrisville and Singapore. The company employs approximately 23,900 people worldwide.
Research and development centers are in Beijing, Shanghai and Shenzhen, China; Tokyo, Japan; and Raleigh, North Carolina. Primary PC manufacturing and assembly facilities are located in Beijing, Shanghai, Huiyang and Shenzhen in China; Pondicherry and Baddi in India; Monterrey in Mexico; and Legnica Special Economic Zone in Poland (ready by 2009).
Q4. What is Lenovo PC's market share?
Lenovo is the world's fourth-largest PC vendor, with approximately 8.6 percent of the worldwide PC market (source: IDC). In China, Lenovo holds the leading share of the PC market, about one-third.
Q5. What is Lenovo's alliance with IBM?
Lenovo and IBM have a strategic alliance designed to provide a best-in-class experience for enterprise customers. The companies have entered into significant, long-term agreements that give customers preferred access to IBM's world-class customer service organization and global financing offerings, and that enable Lenovo to take advantage of IBM's powerful worldwide distribution and sales network.
IBM will also provide Lenovo with warranty services and offer Lenovo customers leasing and financing arrangements. Through this long-term relationship, customers will receive the best products with the lowest total-cost-of-ownership.
Q6. What are Lenovo's corporate values?
Lenovo and its employees are committed to four company values that are the foundation for all that we do:
- Customer service
We are dedicated to the satisfaction and success of every customer.
- Innovative and entrepreneurial spirit
Innovation that matters to our customers, and our company, created and delivered with speed and efficiency.
- Accuracy and truth-seeking
We manage our business and make decisions based on carefully understood facts.
- Trustworthiness and integrity
Trust and personal responsibility in all relationships.
Q7. What role did Lenovo play in the 2008 Beijing Olympics?
In 2004 Lenovo became the first Chinese company to join the Olympic Partner Program. As a worldwide sponsor with the International Olympic Committee, the company was a major supplier of computing equipment - such as desktop computers, notebooks and servers - and funding in support of the 2006 winter games in Turin, Italy and the 2008 summer games in Beijing, China
Q8. What is Lenovo's fiscal year-end?
Lenovo's fiscal year-end is March 31.
Q9. Is Lenovo a constituent of any stock market indices?
Lenovo became a constituent of the Morgan Stanley Capital International ("MCSI") China Free Index in June 2000.
Q10. How can I invest in Lenovo shares?
Investors can buy ordinary shares of Lenovo Group Limited which are listed in Hong Kong (HKSE:992), or Lenovo's Level I American Depositary Receipts (ADR:LNVGY).