The Cube iWork12 is a 12 inch Tablet and also a cheaper alternative to the Cube i9. It has the same Surface Pro knock off design and also the same magnetic keyboard. Lenovo Wikipedia. Lenovo Group Ltd. Native namePublic. Traded as. SEHK 0. OTC Pink LNVGYIndustry. Computer hardware. Electronics. Founded. November 1. 98. 4 3. Legend Beijing, China. Founder. Liu Chuanzhi. Headquarters. Haidian District, Beijing, China. Morrisville, North Carolina, United States. Area served. Worldwide. Key people. Yang YuanqingChairman and CEOProducts. Smartphones, desktops, servers, notebooks, tablet computers, netbooks, peripherals, printers, televisions, scanners, storage devices. Revenue US4. 3. 0. US6. 72 million 2. US5. 35 million 2. Total assets US2. Total equity US4. Number of employees. Razer Blade 2016 Screen 14inch, 3200 x 1800 px resolution, 10finger multitouch, IGZO IPS panel Processor Intel Skylake Core i76700HQ CPU, quadcore 2. 6 GHz. IdeaPad stylized as ideapad is a line of consumeroriented laptop computers from Lenovo. Parent. Legend Holdings 3. Subsidiaries. Motorola Mobility3ZUK Mobile. Medion. Relativity Media 6. Websitewww. lenovo. Lenovo Group Ltd. Lenovo PC International or shortened as Lenovo lehn OH voh formerly stylized as lenovo is a Chinese multinational technology company with headquarters in Beijing, China and Morrisville, North Carolina. 4 It designs, develops, manufactures and sells personal computers, tablet computers, smartphones, workstations, servers, electronic storage devices, IT management software, and smart televisions. Since 2. 01. 3, Lenovo is the worlds largest personal computer vendor by unit sales. 5 It markets the Think. Pad line of notebook computers, Idea. Pad and Yoga lines of notebook laptops, and the Idea. Centre and Think. Centre lines of desktops. 6Lenovo has operations in more than 6. Lenovos principal facilities are in Beijing and Morrisville, with research centers in Beijing, Shanghai, Shenzhen, Xiamen, Chengdu, Nanjing, and Wuhan in China, Yamato in Kanagawa Prefecture, Japan and Morrisville in the U. S. It operates a joint venture with EMC called Lenovo. EMC, which sells network attached storage solutions. It also has a joint venture with NEC, Lenovo NEC Holdings, which produces personal computers for the Japanese market. Lenovo was founded in Beijing in November 1. Legend and was incorporated in Hong Kong in 1. Lenovo acquired IBMs personal computer business in 2. Intel based server business in 2. Lenovo entered the smartphone market in 2. Mainland China. In January 2. Lenovo agreed to acquire the mobile phone handset maker Motorola Mobility from Google, and in October 2. Lenovo is listed on the Hong Kong Stock Exchange and is a constituent of the Hang Seng China Affiliated Corporations Index, often referred to as Red Chips. HistoryeditFounding and early historyeditLiu Chuanzhi founded Lenovo on November 1 in 1. Beijing with 2. 00,0. The Chinese government approved Lenovos incorporation on the same day. Ji Xf, one of the founders of Lenovo, indicates the first meeting in preparation for starting the company was held on 1. October of the same year. Eleven people, the entirety of the initial staff, attended. Each of the founders was a middle aged member of the Institute of Computing Technology attached to the Chinese Academy of Sciences. The 2. 00,0. 00 yuan used as start up capital was approved by Zng Mocho. The name for the company agreed upon at this meeting was the Chinese Academy of Sciences Computer Technology Research Institute New Technology Development Company. 9Their first significant effort, an attempt to import televisions, failed. The group rebuilt itself within a year by conducting quality checks on computers for new buyers. Lenovo soon started developing a circuit board that would allow IBM compatible personal computers to process Chinese characters. This product was Lenovos first major success. Lenovo also tried and failed to market a digital watch. Liu said, Our management team often differed on which commercial road to travel. This led to big discussions, especially between the engineering chief and myself. He felt that if the quality of the product was good, then it would sell itself. But I knew this was not true, that marketing and other factors were part of the eventual success of a product. The fact that its staff had little business experience compounded Lenovos early difficulties. We were mainly scientists and didnt understand the market, Liu said. We just learned by trial and error, which was very interestingbut also very dangerous, said Liu. In 1. 99. 0, Lenovo started to manufacture and market computers using its own brand name. 1. In May 1. 98. 8, Lenovo placed its first recruitment advertisement. The ad was placed on the front page of the China Youth News. Such ads were quite rare in China then. Out of the 5. 00 respondents, 2. Although interviewers initially only had authority to hire 1. The new staff included 1. Their average age was 2. Yang Yuanqing, the current CEO of Lenovo, was among that group. 9Liu Chuanzhi received government permission to form a subsidiary in Hong Kong and to move there along with five other employees. Lius father, already in Hong Kong, furthered his sons ambitions through mentoring and facilitating loans. Liu moved to Hong Kong in 1. To save money during this period, Liu and his co workers walked instead of taking public transportation. To keep up appearances, they rented hotel rooms for meetings. 9IPO, second offerings, and bond saleseditLenovo became publicly traded after a 1. Hong Kong listing that raised nearly US3. Prior to its IPO, many analysts were optimistic about Lenovo. The company was praised for its good management, strong brand recognition, and growth potential. Analysts also worried about Lenovos profitability. Lenovos IPO was massively over subscribed. On its first day of trading, the companys stock price hit a high of HK2. HK2. 0. 0. Proceeds from the offering were used to finance sales offices in Europe, North America and Australia, to expand and improve production and research and development, and to increase working capital. 9When Lenovo was first listed, its managers thought the only purpose of going public was to raise capital. They had little understanding of the rules and responsibilities that went along with running a public company. Before Lenovo conducted its first secondary offering in 1. Liu proudly announced the companys intent to mainland newspapers only to have its stock halted for two days by regulators to punish his statement. This occurred several times until Liu learned that he had to choose his words carefully in public. The first time Liu traveled to Europe on a roadshow to discuss his companys stock, he was shocked by the skeptical questions he was subjected to and felt offended. Liu later came to understand that he was accountable to shareholders. He said, Before I only had one boss, but CAS never asked me anything. I relied on my own initiative to do things. We began to think about issues of credibility. Legend began to learn how to become a truly international company. 9To fund its continued growth, Lenovo issued a secondary offering of 5. Hong Kong market in March 2. US2. 12 million. 9Mary Ma, Lenovos chief financial officer from 1. Under her leadership, Lenovo successfully integrated Western style accountability into its corporate culture. Lenovos emphasis on transparency earned it a reputation for the best corporate governance among mainland Chinese firms. All major issues regarding its board, management, major share transfers, and mergers and acquisitions were fairly and accurately reported. While Hong Kong listed firms were only required to issue financial reports twice per year, Lenovo followed the international norm of issuing quarterly reports. Lenovo created an audit committee and a compensation committee with non management directors. The company started roadshows twice per year to meet institutional investors. Ma organized the first ever investor relations conference held in Mainland China. The conference was held in Beijing in 2. CCTV. Liu and Ma co hosted the conference and both gave speeches on corporate governance. 9. Former Lenovo logo, used from 2. In May 2. 01. 5, Lenovo revealed a new logo at Lenovo Tech World in Beijing, with the slogan Innovation Never Stands Still Chinese. Lenovos new logo, created by Saatchi, New York, can be changed by its advertising agencies and sales partners, within restrictions, to fit the context. It has a lounging e and is surrounded by a box that can be changed to use a relevant scene, solid color, or photograph. Lenovos Chief Marketing Officer David Roman said, When we first started looking at it, it wasnt about just a change in typography or the look of the logo.
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