Lenovo Group Limited, often shortened to Lenovo ( l-NOH-voh), is a Chinese multinational technology company specializing in designing, manufacturing, and marketing consumer electronics, personal computers, and related services. Products manufactured by the company includes desktop computers, laptops, tablet computers, smartphones, workstations, servers, supercomputers, electronic storage devices, IT management software, and smart televisions. Its best-known brands include IBM's ThinkPad business line of laptop computers, the IdeaPad, Yoga, and Legion consumer lines of laptop computers, and the IdeaCentre and ThinkCentre lines of desktop computers. As of January 2021, Lenovo is the world's largest personal computer vendor by unit sales. Lenovo was founded in Beijing in 1 November 1984 as Legend by a team of engineers from the Chinese Academy of Sciences. Initially specializing in televisions, the company migrated towards manufacturing and marketing computers. Lenovo grew to become the market leader in China and raised nearly US$30 million in an initial public offering in the Hong Kong Stock Exchange. Since the 1990s, Lenovo has increasingly diversified from the personal computer market and made a number of corporate acquisitions, with the most notable is acquiring and integrating most of IBM's personal computer business and its Intel-based server business as well creating its own smartphone. Lenovo has operations in over 60 countries and sells its products in around 180 countries. Its global headquarters is located in Beijing, China, while its operational headquarters is in Morrisville, North Carolina, US. It has research centers in Beijing, Chengdu, Yamato (Kanagawa Prefecture, Japan), Shanghai, Shenzhen, and Morrisville (North Carolina, US), and also has Lenovo NEC Holdings, a joint venture with NEC that produces personal computers for the Japanese market. IBM'S Think-line are exclusively developed in Yamato and in Morrisville. = 19841993: Founding and early history =Liu Chuanzhi, along with a group of ten experienced engineers, officially founded Lenovo in Beijing on November 1, 1984, with 200, 000 yuan.
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