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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, Raleigh and Singapore. The company employs approximately 23,100 people worldwide.
Research and development centers are in Beijing, Shenzhen, Xiamen,
Chengdu, and Shanghai, China; Tokyo, Japan; and Raleigh, North Carolina.
Primary PC manufacturing and assembly facilities are located in
Shenzhen, Huiyang, Beijing, and Shanghai, China. Additional manufacturing
and distribution facilities are located in the United States, Mexico,
Brazil, Scotland, Hungary, India, Malaysia, Japan, and Australia.
Lenovo's extensive PC distribution network includes approximately
6,000 retail outlets in China.
Q4. What is Lenovo PC’s market share?
Lenovo is the world’s fourth-largest PC vendor, with approximately
7.6 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 will Lenovo play in the coming 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 will be 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).
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