Lenovo Group Limited is a global technology leader and the world's largest personal computer (PC) manufacturer. Known for its wide range of products including laptops, desktops, servers, smartphones, and various other devices, the company has grown from a small startup in Beijing to a multinational Fortune Global 500 corporation with a presence in over 180 markets.
Key Milestones
- 1984: Lenovo was founded (originally as Legend Holdings).
- 1994: The company went public in Hong Kong.
- 1996: Lenovo launched its first branded PC.
- 1999: The company became the number one player in the Asia-Pacific (APAC) market.
- 2005: Lenovo acquired IBM's Personal Computing Division (PCD), including the ThinkPad line, becoming the third-largest PC company globally.
- 2013: Lenovo became the number one PC player globally by market share.
- 2014: The company acquired IBM's x86 server business and Motorola Mobility's smartphone business.
- 2017: Lenovo released its largest data center portfolio.
- 2019: The "Intelligent Transformation" strategy was launched.
- 2020: Group revenue surpassed US$60 billion for the first time.
- 2022: Revenue reached a record US$71 billion. Lenovo was ranked 171 on the Fortune Global 500 list.
- 2023-2024: The company heavily focused on artificial intelligence (AI), launching its first wave of AI PCs and developing hybrid AI solutions.
- 2025: Announced a vision to achieve Net-Zero emissions by 2050. The company also achieved a non-PC revenue mix high of nearly 47% in FY24/25, highlighting business diversification.
Overview
- Common Name: Lenovo
- Year Founded: November 1, 1984
- Founders: Team of eleven engineers led by Chinese businessman and computer scientist Liu Chuanzhi
- Origin: Beijing, China
- Headquarters: Building 2, No. 10 Courtyard Xibeiwang East Road, Haidian District (100094)
- Tagline: Smarter Technology for All
Main Products
Laptops:- ThinkPad: Premium business-focused laptops known for durability (MIL-STD certified), security, and performance (e.g., X1 Carbon, T-Series).
- IdeaPad: Versatile consumer laptops for everyday use, often with 2-in-1 options (e.g., Slim series, Flex).
- Legion: High-performance gaming laptops and desktops. ThinkBook: A blend of ThinkPad reliability and IdeaPad style for small to medium businesses.
- Yoga: Premium 2-in-1 convertible laptops (touchscreen, pen support).
- ThinkCentre: Business-oriented desktops (tower, small form factor, all-in-ones).
- IdeaCentre: Consumer desktops for home and family use. Legion: Gaming desktops.
- Tablets (e.g., Duet series) and smartphones (primarily under the Motorola brand, which Lenovo owns).
- ThinkSystem (servers, storage, high-performance computing) and ThinkAgile (converged infrastructure).
- A wide range of monitors, docking stations, accessories, and smart home devices.
Innovation & Partnership
Lenovo has strategic alliances with major technology companies to co-develop solutions and integrate their hardware and software offerings.
- AMD: Collaborating on end-to-end solutions and services. Cisco: Partnering to simplify the path to AI innovation and improve hybrid work environments.
- Intel: Engaging in a multiyear collaboration focused on the convergence of high-performance computing (HPC) and AI, leveraging tools like OpenVino and oneAPI. Intel is also a major shareholder.
- Microsoft: A long-standing, critical partnership where Lenovo is an authorized reseller and Cloud Solutions Provider (CSP), working together to optimize hardware and software integration.
- NetApp: Strategic alliance bringing innovation to data storage and management, co-developing solutions combining Lenovo's ThinkSystem infrastructure with NetApp's data management solutions.
- Nutanix: Partnering to run cloud and AI workloads at any scale.
- NVIDIA: An expanded engineering collaboration to create next-generation systems based on NVIDIA's MGX modular reference design, delivering hybrid AI solutions for demanding generative AI workloads and the NVIDIA Omniverse platform.
- Red Hat: Working to accelerate innovation with virtualization, automation, and infrastructure solutions.
- SAP: Relying on experts to help enable intelligent transformation with SAP solutions.
- VMware: Partnering to modernize applications and enable seamless, scalable multi-cloud environments.
Sustainability
Lenovo's sustainability vision is to achieve net-zero greenhouse gas (GHG) emissions by 2050, a target validated by the Science Based Targets initiative (SBTi) Net-Zero Standard. This vision is supported by a comprehensive Environmental, Social, and Governance (ESG) strategy focused on environmental impact, social responsibility, and corporate governance. Environmental Commitment (Planet)
- Climate Action & Net-Zero: Committed to reducing absolute Scope 1, 2, and 3 GHG emissions by 90% by FY 2049/50 from a FY 2018/19 base year, and neutralizing the remaining 10% through carbon removals.
- Renewable Energy: Aim to have 90% of electricity for global operations come from renewable sources by FY 2025/26. Circular Economy: Embracing a "Reduce, Reuse, Recycle" model. Targets include enabling the recycling and reuse of 800 million pounds of end-of-life products by FY 2025/26 and ensuring 84% of repairs can be done on-site to extend product lifecycles.
- Sustainable Products & Packaging: Aims for 100% of PC products to contain post-consumer recycled content by FY 2025/26. Uses bio-based (bamboo and sugarcane) and ocean-bound plastics packaging to reduce waste and eliminate single-use plastics.
- Energy Efficiency: Improving the energy efficiency of notebooks, desktops, and servers by significant margins by 2030, and developing innovative solutions like Lenovo Neptune™ liquid cooling technology for data centers which reduces power consumption.
Market Position
- Ticker: HKG: 0992
- Market Cap: Approx. HKD 123.92 B
Lenovo is a global technology leader with approximately US$69 billion in annual revenue (FY 2024/25), a current market valuation of approximately $16 billion, and operations in over 180 markets worldwide. It is the world's largest PC company by market share, making the 1st place in the Top 6 vendors by number of units shipped, 2024 with a 25.5% share. Lenovo is a global powerhouse, ranked #196 on the Fortune Global 500 list, serving millions of customers daily.
Useful Links
Browse authorized repair centers and official retail stores of Lenovo using the links below to get support or shop for products on Google Maps.
Customer Support
- Website: www.lenovo.com
- Online Help: Lenovo Help & Support