Lenovo is an innovative, international high-tech company formed as a result of the acquisition by the Lenovo Group of the IBM Personal Computing Division. As a global leader in PC market, Lenovo develops, manufactures and sales reliable, professional high quality, safe-to-use technology products and services all around the world. Worldwide, Lenovo provides customers with award-winning "Think Series" & "Idea Series" PCs and laptops.
Lenovo's main operating centers are located in Beijing, Paris, Raleigh and Singapore. Lenovo also has subsidiaries in more than 60 countries and development centers in Yamato, Japan; Beijing, Shanghai and Shenzhen, China; and Raleigh, N.C., the United States. The company sells its PC products in more than 160 countries and employs almost 21,300 employees worldwide. In 2009/10 fiscal year, Lenovo's business revenue was near US$15.6 billion.
In March 2009, in order to face the global economic crisis, Lenovo had taken active measures to establish two new business groups: one focusing on the customers in the mature markets, and the other focusing on clients in the emerging markets. The new structure replace the company's existing geographic region, the company's main aim is to make Lenovo's strategic directions a better match with the current market characteristics, and give all the customers better services. The regions of emerging market cover the mainland China, Hongkong, Macau, Taiwan, and Korea, ASEAN, India, Turkey, East Europe, Middle East, Pakistan, Egypt, Africa (including South Africa), Russia and Central Asia. Chen Shaopeng, the former senior vice president and president of Greater China and Russian regions, was appointed president of emerging markets.
Products and markets
Lenovo's world-famous "Think" brand and the newly-launched "Idea" brand provide high-quality and professional services to both corporate and personal users. Lenovo ThinkPad notebooks and Think Centre desktops which equipped with Think Vantage technologies, Think Vision monitors and a set of PC accessories and options constantly win global awards in the recent years. Through the innovative application of technology experience, glamorous fashion design, science and technology, the Idea Pad notebooks and Idea Centre desktop PCs help customers to enjoy their living, working and recreation.
Lenovo has a huge distribution network in china, about ten thousand retail outlets locate in almost every city to provide all kinds of service for the customer. Lenovo PCs have been the best selling PCs in the home market of China since 1997 due to its advanced technology, ease of use, personalized design and a wide range of solutions.
Corporate Social Responsibility
Responsibility to investors and shareholders
Lenovo's primary responsibility to investors and shareholders is: disclose managerial details and other major informations timely and accurately; Provide reasonable investment returns; Implement the basic principles of responsible investment. To this end, Lenovo introduced the following basic policies: Strengthen corporate governance, Improve transparency, Executive business strategies from the long-term interests of shareholders, Persist in the concepts and principles of responsible investment during the business process, Compliance with social responsibility will be required as an important reference for decision-making.
Lenovo continuously improves investor relations management, maintains open and effective communication with its investors,and pursues ...