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86-519: Lenovo's IdeaCentre A Series is a line of all-in-one desktops designed primarily for home use. The IdeaCentre B Series all-in-one desktops from Lenovo were first launched in 2010. Like other desktops in the IdeaCentre product line, the B Series desktops were designed for home users. The first model in the series was the B500. The 'IdeaCentre K Series desktops from Lenovo are described by

172-484: A 5% share. Lenovo and NEC also agreed to explore cooperating in other areas such as servers and tablet computers. Roderick Lappin, chairman of the Lenovo–NEC joint venture, told the press that the two companies will expand their co-operation to include the development of tablet computers. In June 2011, Lenovo announced that it planned to acquire control of Medion , a German electronics manufacturing company. Lenovo said

258-579: A change in typography or the look of the logo. We asked 'If we really are a net-driven, customer-centric company, what should the logo look like?' We came up with the idea of a digital logo first [...] designed to be used on the internet and adaptable to context." In early June 2015, Lenovo announced plans to sell up to US$ 650 million in five-year bonds denominated in Chinese yuan. The bonds were sold in Hong Kong with coupon ranging from 4.95% to 5.05%. This

344-477: A closer relationship with Intel, the maker of most server processors, through its acquisition of IBM's x86-based server business. On 1 October 2014, Lenovo closed its acquisition of IBM's server division, with the final price put at $ 2.1 billion. Lenovo said this acquisition came in at a price lower than the previously announced $ 2.3 billion partially because of a change in the value of IBM inventories. The deal has been already approved by Europe and China. Per Forbes,

430-546: A company doing quality checks on computers. It also tried and failed to market a digital watch. In May 1988, Lenovo placed its first recruitment advertisement on the front page of the China Youth News . Such ads were quite rare in China at the time. Out of the 500 respondents, 280 were selected to take a written employment exam. 120 of these candidates were interviewed in person. Although interviewers initially only had

516-641: A desktop. The All-in-one computer has a 23.8-inch touchscreen with 1080p resolution. It comes standard with an Intel "Skylake" Core i5-6400 central processor with 2.8-gigahertz base clock speed, 8 gigabytes of DDR4 RAM, and a 2-terabyte hard drive, an Nvidia GeForce GT 930A graphics processor with 2 gigabytes of VRAM, and an optical drive. An Intel RealSense camera is included for logging in via facial recognition and video chat. The desktop has Intel Core i7 6th Gen 6700 (3.4 GHz) [Gigahertz], 12 GigaBytes of DDR4, 1 Terabyte Hard Drive, 120 GB Solid State Drive, an Nvidia Geforce GTX 960 dedicated graphics card, and generally

602-490: A final sale in 2011 completing their divestment. Mary Ma , Lenovo's chief financial officer from 1990 to 2007, was in charge of investor relations. Under her leadership, Lenovo successfully integrated Western-style accountability into its corporate culture. Lenovo's emphasis on transparency earned it a reputation for the best corporate governance among mainland Chinese firms. While Hong Kong-listed firms were only required to issue financial reports twice per year, Lenovo followed

688-694: A governmental research institute. Then known as Legend, the company developed numerous electronics before focusing on personal computers. Co-founder Liu Chuanzhi incorporated Legend in Hong Kong in an attempt to raise capital and was successfully permitted to build computers in China. It listed on the Hong Kong Stock Exchange in 1994 and became the largest PC manufacturer in China and eventually in Asia; they were also domestic distributors for HP printers, Toshiba laptops, and others. After

774-717: A joint venture with Fujitsu and the Development Bank of Japan (DBJ). In the joint venture, Fujitsu would sell Lenovo a 51% stake in Fujitsu Client Computing Limited . DBJ would acquire a 5% stake. In September 2018, Lenovo and NetApp announced about strategic partnership and joint venture in China. As part of strategic partnership Lenovo started two new lines of storage systems: DM-Series and DE-Series. Both storage systems using Lenovo hardware and NetApp software: DM-Series using ONTAP OS and DE-Series SANtricity OS. In 2018, Lenovo became

860-547: A new logo at Lenovo Tech World in Beijing, with the slogan "Innovation Never Stands Still" ( Chinese : 创新无止境 ). Lenovo's new logo, created by Saatchi, 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. Lenovo's Chief Marketing Officer David Roman said, "When we first started looking at it, it wasn't about just

946-501: A projector and are thus an alternative to traditional projection screens, and they can be used for large, uninterrupted (without a visible grid arising from the bezels of individual displays) video walls . microLED displays are LED displays with smaller LEDs, which poses significant development challenges. Their use in cinemas to replace projectors and projection screens has been explored. Light-emitting diodes (LEDs) came into existence in 1962 and were primarily red in color for

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1032-435: A team of engineers led by Liu Chuanzhi and Danny Lui . Initially specializing in televisions , the company migrated towards manufacturing and marketing computers. Liu Chuanzhi and his group of ten experienced engineers , teaming up with Danny Lui , officially founded Lenovo in Beijing on November 1, 1984, with 200,000 yuan . The Chinese government approved Lenovo's incorporation on the same day. Jia Xufu (贾续福), one of

1118-428: A top "Physical Sciences" award and IEEE recognition. The project was again displayed at the 29th International SEF at Anaheim Ca. Convention Center on May 8–10. The ¼-inch thin miniature flat panel modular prototype, scientific paper, and full screen (tiled LED matrix) schematic with video interface was displayed at this event. It received awards by NASA and General Motors Corporation . This project marked some of

1204-616: A wireless Bluetooth mouse and keyboard. Software on the desktop included Lenovo Rescue System for data recovery and CamSuite. The IdeaCentre C310 was Lenovo's first multitouch all-in-one desktop. The 20” HD 16:9 widescreen included the Lenovo NaturalTouch Panel for touch screen technology. A collection of applications optimized for touch use was also included called Lenovo's IdeaTouch, with an interactive user login through VeriTouch software. The desktop included Intel Atom 330 Dual Core processors, up to 4 GB RAM, and

1290-613: Is a Chinese multinational technology company specializing in designing, manufacturing, and marketing consumer electronics , personal computers , software, business solutions, and related services. Its global headquarters are in Beijing , and Morrisville, North Carolina , United States; it has research centers at these locations, elsewhere in China, in Stuttgart, Germany , and in Yamato, Japan . Lenovo originated as an offshot of

1376-548: Is a manufacturer of personal computers, smartphones, televisions, and wearable devices. Some of the company's earliest products included the KT8920 mainframe computer and a circuit board that allowed IBM-compatible personal computers to process Chinese characters. One of its first computers was the Tianxi ( 天禧 ), released in 1998 in the Chinese market. It became the best selling computer in Chinese history in 2000. Lenovo markets

1462-485: Is based on the Intel Atom Z3735 processor, has 32 gigabytes of storage, 2 gigabytes of RAM, a MicroSD card slot, a full-sized USB 2.0 port, 802.11 b/g/n Wi-Fi, and Bluetooth 4.0. It was released with Windows 8.1 with a free upgrade to Windows 10. The IdeaCentre 610S is a small-chassis desktop computer that uses both a monitor and an included detachable projector. The 610S has a pyramid-shaped case. The projector

1548-419: Is designed to fit on top but can also be placed in other positions. The projector has 720p resolution and a brightness rating of 220 lumens. The 610S comes standard with an Intel Core i7 processor, supports up to 16 gigabytes of RAM, and has an Nvidia GeForce 750Ti graphics card. A choice of a 2-terabyte hard drive or a 128-gigabyte SSD is standard. The IdeaCentre 700 can be purchased as an All-in-one computer or

1634-563: Is installed with Windows 10 Home. However the desktop does include a touchscreen monitor. At CES 2011, Lenovo announced the launch of four IdeaCentre desktops: the A320, B520, B320, and C205. All desktops were designed as All-in-ones, combining processor and monitor into a single unit. The desktops were described by HotHardware as being "uniquely designed," with users needing to "gaze on each one to see which design would look best in your place." Lenovo announced three IdeaCentre desktops at CES 2010:

1720-506: Is not expected to significantly affect earnings. More specifically, Stoneware was acquired to further Lenovo's efforts to improve and expand its cloud-computing services. For the two years prior to its acquisition, Stoneware partnered with Lenovo to sell its software. During this period Stoneware's sales doubled. Stoneware was founded in 2000. As of September 2012, Stoneware is based in Carmel, Indiana, and has 67 employees. Lenovo re-entered

1806-501: Is only the second sale of bonds in Lenovo's history. Financial commentators noted that Lenovo was paying a premium to list the bonds in yuan given relatively low costs for borrowing in US dollars. Lenovo said that its x86 servers will be available to all its channel partners. Lenovo plans to cut prices on x86 products in order to gain market share. This goes in alliance with IBM 's vision of

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1892-588: The IdeaPad , Yoga , LOQ, and Legion consumer lines of notebooks, and the IdeaCentre , LOQ, Legion, and ThinkCentre lines of desktops. Lenovo is also part of a joint venture with NEC , named Lenovo NEC Holdings, that produces personal computers for the Japanese market. The company also operates Motorola Mobility which produced smartphones. Lenovo was founded in Beijing on 1 November 1984 as Legend by

1978-792: The Moto X , Moto G , Droid Turbo , and the future Motorola Mobility product roadmap, while Google retained the Advanced Technologies & Projects unit and all but 2,000 of the company's patents. Lenovo received royalty free licenses to all the patents retained by Google. Lenovo received approval from the European Union for its acquisition of Motorola in June 2014. The acquisition was completed on 30 October 2014. Motorola Mobility remained headquartered in Chicago, and continued to use

2064-534: The Sony XEL-1 OLED screen which was marketed in 2009. Later, at CES 2012 , Sony presented Crystal LED , a TV with a true LED-display, in which LEDs are used to produce actual images rather than acting as backlighting for other types of display, as in LED-backlit LCDs which are commonly marketed as LED TVs. The 2011 UEFA Champions League Final match between Manchester United and Barcelona

2150-463: The ThinkPad , IdeaPad , Yoga , Legion and Xiaoxin ( 小新 ; Chinese market only) lines of laptops, as well as the IdeaCentre and ThinkCentre lines of desktops. It expanded significantly in 2005 through its acquisition of IBM 's personal computer business, including its ThinkPad and ThinkCentre lines. As of January 2013, shipments of THINK-branded computers have doubled since Lenovo's takeover of

2236-477: The A300, C310, and K320. The A300 was the industry's thinnest desktop at the time – only 1.85 cm thick. The desktop was designed to be asymmetrical, with the processor in the base as opposed to AIO conventions, in which the processor was located behind the screen. The desktop had a 21.5” full HD LED screen , up to Intel Core 2 Duo processors, an integrated web camera, HDMI in/out, integrated 802.11n Wi-Fi , and

2322-497: The ATI Mobility Radeon HD 4530 512 MB discrete graphics card. The IdeaCentre K320 was described as a “performance gaming desktop” by Daily Connect. The desktop was equipped with up to Intel Core i7 processors, up to ATI Radeon HD 5970 2 GB discrete graphics, up to 8 GB DDR3 memory, and up to 1 TB hard disk drive. The desktop also included the front-mounted Lenovo Power Control Switch found on

2408-417: The B500, K300, and H230. The B500 desktop was equipped with an Intel Core 2 Quad processor, up to 8 GB of DDR3 RAM , up to 1 TB hard disk drive , a 23” full HD screen, and JBL integrated speakers. The desktop also included a 4-in-1 remote control that could be used as a motion controller for games, a VoIP handset, an air mouse, and a media remote. A feature that was described as unique by Lenovo

2494-480: The D Series was the D400. The D400 desktop was designed as a home server , offering up to 8 TB of storage space, support for multiple external storage devices with five USB ports. An eSATA port allowed high speed data transfer. Additional features of the desktop included the ability to duplicate data on multiple hard disks and remote access to the server. In October 2009, three IdeaCentre desktops were announced:

2580-546: The HP Model 5082-7000 Numeric Indicator. It was the first LED device to use integrated circuit (integrated LED circuit ) technology, and the first intelligent LED display, making it a revolution in digital display technology, replacing the Nixie tube and becoming the basis for later LED displays. Early models were monochromatic by design. The efficient Blue LED completing the color triad did not commercially arrive until

2666-637: The Hong Kong market in March 2000 and raised about US$ 212 million . It rebranded to the name Lenovo in 2003 and began making acquisitions to expand the company. Lenovo acquired IBM 's personal computer business in 2005, including the ThinkPad laptop and ThinkCentre desktop lines. Lenovo's acquisition of IBM's personal computer division accelerated access to foreign markets while improving Lenovo's branding and technology. Lenovo paid US$ 1.25 billion for IBM's computer business and assumed an additional US$ 500 million of IBM's debt. This acquisition made Lenovo

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2752-719: The IdeaCentre Q series was the Q100, launched in 2009. Lenovo's Y900 Razer Edition gaming PC is the result of a partnership announced with Razer in November 2015. Lenovo equipped its existing IdeaCenter Y900 model with Razer's Chroma Full Spectrum lighting. The two companies say it is the first of many planned joint projects. This version of the Y900 is also bundled with Razer's Blackwidow Chroma mechanical keyboard and Mamba Chroma mouse. Lenovo says future products will include Razer software such as Comms, Synapse, and Cortex. IdeaCentre Gaming 5i

2838-457: The K300 desktop. This allowed users to choose between energy efficiency and greater CPU power. Bright Vision Technology was available, automatically adjusting brightness according to the user's distance from the screen and the intensity of surrounding light. In August 2009, two new series of IdeaCentre desktops were announced: the Q Series and the D Series. The first desktops in the Q Series were

2924-531: The K330 offered red for high performance, blue for moderate performance, and green for less processing- and resource-intensive tasks. The IdeaCentre K Series desktops were originally part of the Lenovo 3000 line of products. This series consisted of budget-friendly computers – both laptops and desktops. In 2008, the Lenovo 3000 series was moved by Lenovo into its ‘Idea’ line of products. The Lenovo 3000 K100 desktop

3010-543: The LePhone. At the same time, LeGarden counted 2,774 individual developers and 542 developer companies as members. On January 27, 2011, Lenovo formed a joint venture to produce personal computers with Japanese electronics firm NEC . The companies said in a statement that they would establish a new company called Lenovo NEC Holdings, to be registered in the Netherlands. NEC received US$ 175 million in Lenovo stock. Lenovo

3096-552: The LenovoEMC brand, and designed products for small and medium-sized businesses that could not afford enterprise-class data storage. Lenovo has since retired all of the LenovoEMC products on their product page advising that the products are no longer available for purchase on lenovo.com. IBM sold its x86-based server lines, including System x and Blade Center , to Lenovo in 2014. Lenovo says it will gain access to more enterprise customers, improve its profit margins, and develop

3182-512: The Motorola brand, but Liu Jun, president of Lenovo's mobile device business, became the head of the company. In April 2014, Lenovo purchased a portfolio of patents from NEC related to mobile technology. These included over 3,800 patent families in countries around the world. The purchase included standards-essential patents for 3G and LTE cellular technologies and other patents related to smartphones and tablets. In May 2015, Lenovo revealed

3268-599: The No. 2 provider of smartphones in the domestic Chinese market in 2012. However, with approximately 100 smartphone brands sold in China, this only equated to a 10.4% market share. In May 2012, Lenovo announced an investment of US$ 793 million in the construction of a mobile phone manufacturing and R&D facility in Wuhan , Hubei . In 2013, Lenovo created a joint venture with EMC named Iomega . The venture took over Iomega's business and rebranded all of Iomega's products under

3354-527: The Q700, Q100, and Q110. The Q700 was Lenovo's first home theatre PC, with high definition 1080p playback, digital surround sound and compatibility with an HDTV . The Q100 and Q110 were extremely thin desktops, dubbed ‘ nettops ’ by Lenovo, with dimensions of 6”x6.3”x0.7”. These desktops were slim enough to be mounted on the back of a monitor. The Q100 was also energy efficient, using only 14 watts of power when idle and 40 watts when in full use. The first desktop in

3440-613: The United States Department of Treasury Committee on Foreign Investment in the United States (CFIUS) was reportedly the last major hurdle for Lenovo, since the United States has the strictest policies. According to Timothy Prickett-Morgan from Enterprise Tech, the deal still awaits "approval of regulators in China, the European Commission , and Canada". After closing, Lenovo said that its goal

3526-715: The Westinghouse Educational Foundation Science Talent Search group, a Science Service organization. The paper entry was named in the "Honors Group" publicized to universities on January 25, 1978. The paper was subsequently invited and presented at the Iowa Academy of Science at the University of Northern Iowa. The operational prototype was displayed at the Eastern Iowa SEF on March 18 and obtained

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3612-459: The ability to build a new corporate culture. At the end of its first two years, Lenovo Group had met many of its original challenges, including integrating two disparate cultures in the newly formed company, maintaining the Think brand image for quality and innovation, and improving supply chain and manufacturing efficiencies. However, Lenovo had failed to meet a key objective of the merger: leveraging

3698-546: The acquisition would double its share of the German computer market, making it the third-largest vendor by sales (after Acer and Hewlett-Packard ). The deal, which closed in the third quarter of the same year, was claimed by The New York Times as "the first in which a Chinese company acquired a well-known German company." This acquisition will give Lenovo 14% of the German computer market. Gerd Brachmann, chairman of Medion, agreed to sell two-thirds of his 60 per cent stake in

3784-515: The acquisition, Lenovo announced that its subsequent acquisitions would be concentrated in software and services. In September 2012, Lenovo agreed to acquire the United States–based software company Stoneware, in its first software acquisition. The transaction was expected to close by the end of 2012; no financial details have been disclosed. Lenovo said that the company was acquired in order to gain access to new technology and that Stoneware

3870-827: The authority to hire 16 people, 58 were given offers. The new staff included 18 people with graduate degrees, 37 with undergraduate degrees, and three students with no university-level education. Yang Yuanqing , the current chairman and CEO of Lenovo, was among that group. Liu Chuanzhi received government permission to form a subsidiary in Hong Kong and to move there along with five other employees. Liu's father, already in Hong Kong along with Lui, furthered his son's ambitions through mentoring and facilitating loans. Liu moved to Hong Kong in 1988. 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. In 1990, Lenovo started to manufacture and market computers using its own brand name. Some of

3956-681: The brand, with profit margins thought to be above 5%. Lenovo aggressively expanded the THINK brand away from traditional laptop computers in favor of tablets and hybrid devices such as the ThinkPad Tablet 2 , ThinkPad Yoga , ThinkPad 8 , ThinkPad Helix , and ThinkPad Twist ; the shift came as a response to the growing popularity of mobile devices, and the release of Windows 8 in October 2012. Lenovo achieved significant success with this high-value strategy and in 2013 controlled more than 40% of

4042-679: The combined strength of the two companies to grow volume and market share. In order to achieve success, Lenovo embraced diversification at multiple levels- business model, culture, and talent. By 2015, Lenovo grew into the world's number 1 PC maker, number 3 smartphone manufacturer and number 3 in the production of tablet computers. In March 2017, Lenovo announced it was partnering with Fort Lauderdale, Florida–based software storage virtualization company DataCore to add DataCore's parallel I/O -processing software to Lenovo's storage devices. The servers were reportedly designed to outperform Storage Area Network (SAN) SAN arrays. In 2017, Lenovo formed

4128-541: The company agreed upon at this meeting was the Chinese Academy of Sciences Computer Technology Research Institute New Technology Development Company. The organizational structure of the company was established in 1985 after the Chinese New Year . It included technology, engineering, administrative, and office departments. The group first attempted to import televisions but failed. It rebuilt itself as

4214-490: The company hit $ 60 billion in annual revenues. On 8 October 2021, Lenovo withdrew its application to list on the Shanghai Stock Exchange just days after it had been accepted by the exchange, citing the possibility of the validity of financial information in its prospectus lapsing as the reason. The price of the company's shares on the Hong Kong Stock Exchange dropped by over 17% following the news, which

4300-438: The company publicly announced its new English name, "Lenovo", with an advertising campaign including huge billboards and primetime television ads. Lenovo spent 18 million RMB on an eight-week television advertising campaign. The billboards showed the Lenovo logo against blue sky with a slogan that read, "Transcendence depends on how you think." By the end of 2003, Lenovo had spent a total of 200 million RMB on rebranding. Lenovo

4386-600: The company rebranded itself to Lenovo, it acquired IBM 's PC business including its ThinkPad line in 2005, after which it rapidly expanded abroad. In 2013, Lenovo became the world's largest personal computer vendor by unit sales for the first time, a position it still holds as of 2024. Products manufactured by the company include desktop computers , laptops , tablet computers , smartphones , workstations , servers , supercomputers , data storage devices, IT management software, and smart televisions . Its best-known brands include its ThinkPad business line of notebooks,

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4472-479: The company's early successes included the KT8920 mainframe computer. It also developed a circuit board that allowed IBM-compatible personal computers to process Chinese characters. Lenovo (known at the time as Legend) became publicly traded after a 1994 Hong Kong IPO that raised nearly US$ 30 million at HK$ 1.33 per share. Prior to the IPO, many analysts were optimistic about Lenovo. On its first day of trading,

4558-415: The company's international resources, such as its global sales channels and operation teams. These three elements have shored up our sales revenue in the past several years." The employees of the division, including those who developed ThinkPad laptops and Think Centre desktops, became employees of Lenovo. Despite Lenovo acquiring the "Think" brand from IBM, IBM still plays a key indirect, background role in

4644-492: The company's stock price hit a high of HK$ 2.07 and closed at HK$ 2.00 suggesting an initial under-valuing of the company. 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. By 1996, Lenovo was the market leader in China and began selling its own laptop. By 1998 it held 43 per cent of

4730-485: The company. He will be paid in cash for 80 per cent of the shares and will receive 20 per cent in Lenovo stock. That would give him about one per cent of Lenovo. In September 2012, Lenovo agreed to acquire the Brazil -based electronics company Digibras, which sells products under the brand-name CCE, for a base price of R$ 300 million (US$ 148 million) in a combination of stock and cash. An additional payment of R$ 400 million

4816-565: The conference and both gave speeches on corporate governance. Lenovo sold its smartphone and tablet division in 2008 for US$ 100 million in order to focus on personal computers and then paid US$ 200 million to buy it back in November 2009. As of 2009 , the mobile division ranked third in terms of unit share in China's mobile handset market. Lenovo invested CN¥ 100 million in a fund dedicated to providing seed funding for mobile application development for its LeGarden online app store . As of 2010, LeGarden had more than 1,000 programs available for

4902-429: The design and production of the Think line of products. Today, IBM is responsible for overseeing servicing and repair centers, and is considered an authorized distributor and refurbisher of the Think line of products produced by Lenovo. IBM also acquired an 18.9% share of Lenovo in 2005 as part of Lenovo's purchase of IBM's personal computing division. In the years following the deal, IBM sold their stake in Lenovo, with

4988-520: The development of the blue (and later green) LED based on Indium Gallium Nitride, that possibilities opened for big LED video displays. The entire idea of what could be done with LED was given an early shake up by Mark Fisher's design for U2 's PopMart Tour of 1997. He realized that with long viewing distances, wide pixel spacing could be used to achieve very large images, especially if viewed at night. The system had to be suitable for touring so an open mesh arrangement that could be rolled up for transport

5074-466: The domestic computer market share in China, selling approximately one million computers. Lenovo released its Tianxi ( 天禧 ) computer in 1998. Designed to make it easy for inexperienced Chinese consumers to use computers and access the internet, one of its most important features was a button that instantly connected users to the internet and opened the Web browser. It was co-branded with China Telecom and it

5160-425: The earliest progress towards the replacement of the 70+-year-old high-voltage analog CRT system ( cathode-ray tube technology) with a digital x-y scanned LED matrix driven with an NTSC television RF video format. Mitchell's paper and operational prototype projected the future replacement of CRTs and included foreseen applications to battery operated devices due to the advantages of low power consumption. Displacement of

5246-404: The electromagnetic scan systems included the removal of inductive deflection, electron beam and color convergence circuits and has been a significant achievement. The unique properties of the light-emitting diode as an emissive device simplify matrix scanning complexity and have helped the modern television adapt to digital communications and shrink into its current thin form factor. The 1977 model

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5332-446: The first decade. The first practical LED was invented by Nick Holonyak in 1962 while he was at General Electric . The first practical LED display was developed at Hewlett-Packard (HP) and introduced in 1968. Its development was led by Howard C. Borden and Gerald P. Pighini at HP Associates and HP Labs , who had engaged in research and development (R&D) on practical LEDs between 1962 and 1968. In February 1969, they introduced

5418-527: The founders of Lenovo, indicated that the first meeting in preparation for starting the company was held on October 17 the same year. Eleven people, the entirety of the initial staff, attended. Each of the founders was a member of the Institute of Computing Technology of the Chinese Academy of Sciences (CAS). The 200,000 yuan used as start-up capital was approved by Zeng Maochao (曾茂朝). The name for

5504-695: The four screens, from the desktop to the laptop, tablet and smartphone, and yet … there is still room for technologies like Horizon that bring people together." The Horizon was announced at the International CES in Las Vegas. Lenovo will start selling the Horizon early in the summer of 2013 at a starting price of US$ 1,699. Lenovo started shipping the ideacentre Stick 300 in July 2015. The Stick 300 plugs into any computer display or television with HDMI. It

5590-515: The future around cloud technologies and their own POWER processor architecture. Lenovo's acquisition of IBM's businesses is arguably one of the greatest case studies on merging massive international enterprises. Though this acquisition in 2005 ultimately resulted in success, the integration of the businesses had a difficult and challenging beginning. Lenovo had employees from different cultures, different backgrounds, and different languages. These differences caused misunderstandings, hampering trust and

5676-422: 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 2002 and televised on China Central Television (CCTV). Liu and Ma co-hosted

5762-425: The late 1980s. In the late 1980s, Aluminium Indium Gallium Phosphide LEDs arrived. They provided an efficient source of red and amber and were used in information displays. However, it was still impossible to achieve full colour. The available "green" was hardly green at all – mostly yellow, and an early blue had excessively high power consumption. It was only when Shuji Nakamura , then at Nichia Chemical, announced

5848-461: The manufacturer as being gaming-oriented desktops. Typical features on the desktops include mid-range to high-end processors, discrete graphics cards, multiple hard disk drives, multiple RAM DIMMS , multiple USB ports, and multiple optical disk drives . The K Series desktops also come with a physical switch on the CPU that allows users to shift between different levels of processing power. For example,

5934-741: The market for Windows computers priced above $ 900 in the United States. LED display A LED display is a flat panel display that uses an array of light-emitting diodes (LEDs) as pixels for a video display . Their brightness allows them to be used outdoors where they are visible in the sun for store signs and billboards . In recent years, they have also become commonly used in destination signs on public transport vehicles, as well as variable-message signs on highways. LED displays are capable of providing general illumination in addition to visual display, as when used for stage lighting or other decorative (as opposed to informational) purposes. LED displays can offer higher contrast ratios than

6020-443: The size to a typical paperback book, Lenovo describes the Q Series nettops as the smallest desktops in production. The general features of the Q Series desktops are the small size, low energy requirements, ability to play HD video, and low noise levels. These nettops are designed to be extremely compact processing units. A nettop is a desktop computer that uses the same (or similar) components found in netbook PCs. The first nettop in

6106-411: The smartphone market in 2012 and quickly became the largest vendor of smartphones in mainland China. Entry into the smartphone market was paired with a change of strategy from "the one-size-fits-all" to a diverse portfolio of devices. These changes were driven by the popularity of Apple's iPhone and Lenovo's desire to increase its market share in mainland China. Lenovo surpassed Apple Inc. to become

6192-609: The third-largest computer maker worldwide by volume. Lenovo's purchase of the Think line from IBM also led to the creation of the IBM/Lenovo partnership, which works together in the creation of Think-line of products sold by Lenovo. On the purchase of IBM's personal computer division, Chuanzhi said in 2012: "We benefited in three ways from the IBM acquisition. We got the ThinkPad brand, IBM's more advanced PC manufacturing technology and

6278-632: The world's largest provider for the TOP500 supercomputers . In 2020, Lenovo became a preferred data center innovation provider for DreamWorks Animation starting with Trolls World Tour . On 12 January 2021, Lenovo filed an application to issue Chinese depositary receipts, representing newly issued ordinary shares, and to list them on the Science and Technology Innovation Board of the Shanghai Stock Exchange . In April 2021, Lenovo

6364-502: Was announced in April, 2020. The IdeaCentre Horizon is a table pc released at the 2013 International CES . The Horizon features a 27-inch screen and is designed for multiple simultaneous users. It was designed specifically with gaming in mind but can also serve as a desktop computer The Horizon is Lenovo's initial entry into nascent table computer market. Peter Hortensius, a senior Lenovo executive said, "We've seen technology shifts across

6450-615: Was broadcast live in 3D format in Gothenburg (Sweden), on an EKTA screen. It had a refresh rate of 100 Hz, a diagonal of 7.11 m (23 ft 3.92 in) and a display area of 6.192×3.483 m, and was listed in the Guinness Book of Records as the largest LED 3D TV. A claim for the 'first all-LED flat panel television screen' is presented in this section. It was possibly developed, demonstrated and documented by James P. Mitchell in 1977. Initial public recognition came from

6536-439: Was bundled with one year of Internet service. The Tianxi was released in 1998. It was the result of two years of research and development. It had a pastel-colored, shell-shaped case and a seven-port USB hub under its screen. As of 2000, the Tianxi was the best-selling computer in Chinese history. It sold more than 1,000,000 units in 2000 alone. To fund its continued growth, Lenovo issued a secondary offering of 50 million shares on

6622-501: Was described by Lenovo as “the perfect mix of performance and value”. The desktop offered the Intel Core 2 Duo E7500 processor, up to 8 GB RAM , and a 500 GB SATA hard disk drive. The desktop was also equipped with Lenovo Rescue System for data recovery. Lenovo Lenovo Group Limited , trading as Lenovo ( / l ə ˈ n oʊ v oʊ / lə- NOH -voh , Chinese : 联想 ; pinyin : Liánxiǎng ),

6708-570: Was first used to refer to a layout of Chinese typewriters in the 1950s organized into groups of common words and phrases rather than the standard dictionary layout. For the first 20 years of its existence, the company's English name was "Legend". In 2002, Yang Yuanqing decided to abandon the Legend English name to expand beyond the Chinese home market. "Legend" was already in use worldwide by many businesses, making it impossible to register in many jurisdictions outside China. In April 2003,

6794-408: Was its biggest intraday decline in over a decade. "Lenovo" is a portmanteau of "Le-" (from Legend) and "novo", Latin ablative for "new". The Chinese name ( simplified Chinese : 联想 ; traditional Chinese : 聯想 ; pinyin : Liánxiǎng ) means "association" (as in "association of ideas"), "associative thinking", or "connected thinking". It also implies creativity. "Lianxiang"

6880-484: Was made dependent upon performance benchmarks. Prior to its acquisition of CCE, Lenovo already established a $ 30 million factory in Brazil, but Lenovo's management had felt that they needed a local partner to maximize regional growth. Lenovo cited their desire to take advantage of increased sales due to the 2014 World Cup that would be hosted by Brazil and the 2016 Summer Olympics and CCE's reputation for quality. Following

6966-543: Was reorganized into three divisions: The Intelligent Devices Group for PCs, Smartphones, Smart Collaboration products, Augmented and Virtual Reality solutions and Internet of Things devices, the Infrastructure Solutions Group (formally known as Data Center Group) for smart infrastructure solutions, and the Solutions and Services Group focused on services and industry-specific products. That year,

7052-468: Was replaced by the IdeaCentre K210. The IdeaCentre line was described as having improved in term of design, while retaining the low price that was characteristic of the Lenovo 3000 line. The IdeaCentre Q Series PCs from Lenovo are a series of nettops meant primarily for home and personal use. The Q Series nettops are described by the manufacturer as being multimedia-oriented nettops. Comparing

7138-607: Was the CamSuite software, designed to keep users in the center of the web camera's focus area. The IdeaCentre K300 desktop was described by Lenovo as a “performance desktop”. The desktop included an Intel Core 2 Quad processor and hard disk drives configured for RAID . Another feature on the desktop was the Lenovo Power Control Switch, allowing users to adjust power utilization between energy efficiency and superior performance. The IdeaCentre H230 desktop

7224-638: Was to become the world's largest maker of servers. Lenovo also announced plans to start integrating IBM's workforce. The acquisition added about 6,500 new employees to Lenovo. Lenovo said that it has no immediate intent to cut jobs. Lenovo said that positions in research and development and customer-facing roles such as marketing would be "100% protected", but expected "rationalization" of its supply chain and procurement. On 29 January 2014, Google announced it would sell Motorola Mobility to Lenovo for US$ 2.91 billion. As of February 2014, Google owned about 5.94% of Lenovo's stock. The deal included smartphone lines like

7310-499: Was to own a 51% stake in the joint venture, while NEC would have 49%. Lenovo has a five-year option to expand its stake in the joint venture. This joint venture was intended to boost Lenovo's worldwide sales by expanding its presence in Japan, a key market for personal computers. NEC spun off its personal computer business into the joint venture. As of 2010, NEC controlled about 20% of Japan's market for personal computers while Lenovo had

7396-542: Was used. The whole display was 52m (170ft) wide and 17m (56ft) high. It had a total of 150,000 pixels. The company that supplied the LED pixels and their driving system, SACO Technologies of Montreal, had never engineered a video system before, previously building mimic panels for power station control rooms. Today, large displays use high-brightness diodes to generate a wide spectrum of colors. It took three decades and organic light-emitting diodes for Sony to introduce an OLED TV,

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