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It sold more than 1, units in alone. Valeu a pena ter comprado. Simply contact our Customer Service team at our Support Center with the details.

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Lenovo has assembled a team of senior managers familiar with the Indian market, launched mobile phones at all price points there, and worked on branding to build market share. Lenovo started offering the device for sale on its website without a formal product announcement. Make sure the protective film has been removed completely; 2. 6 inch android phones questions Archived from the original on 17 February ALL prices listed on GearBest exclude taxes, import fees, and customs duties. Stoneware was founded in

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Retrieved 4 August Speaking of both men Yang Yuanqing said, "We believe that they will add a great deal to our strategic thinking, long-term direction and, ultimately, our ability to achieve our aspirations in the PC plus era. Lenovo also announced another inch 4K touch-enabled device running Android that can function as an all-in-one PC or an external display for other devices. Please read our full warranty terms here: Mary Ma, Lenovo's chief financial officer from towas in charge of investor relations. An additional payment of million reals was made dependent upon performance benchmarks. The purpose of the Chinese Academy of Sciences to invest in this company was that they wanted to commercialize their research results.

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08.02.2018 - Amar Babu, Lenovo's managing director for India, said, "To reach out to small towns and the hinterland, we have tied up with 40 regional distributors. And the item contains:. Great specks for such a cheap price. Good sound and high brightness dsmleya. Retrieved 4 June

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26.03.2018 - Hot Hot Most helpful Most recent. A Hello Mahesh, You can see the shipping cost and delivery time during the checkout. Lenovo picked Nigeria in to release its smartphone because unlike South Africa and other African countries, there is no requirement to partner with a local telecom firm to sell its phones. IBM ThinkPads in space". A Hello george, Generally, most of our items will be shipped within business days after payment.

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Unlocked for Worldwide use. Please ensure local area network is compatible. Helio X20 Deca Core 2. Does it work with OTG? Does it support fast charge? LeEco Le S3 X supports fast charge. Will this phone work in my country?

Make sure the protective film has been removed completely; 2. Try to turn up the volume of the handset; 3. Try to change mobile signal in your area might be poor; 4.

Can this item be shipped to my country? For a detailed explanation of each shipping method, destination and approximate delivery time, please check our website: A Hello a, We regret to inform you that this item is no longer available.

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The phone is incredible. The screen is beautiful, bright and with great angles. The construction material is good, with the aluminium back it looks expensive.

The fingerprint sensor is accurate and fast, with me it takes one tap to unlock. The battery was my biggest concern has lasted more than a day with lot of usage. The software is snappy and beautiful looks like iOS.

It sure was a great deal. A bateria que era meu maior medo durou mais de 1 dia com bastante uso. Valeu a pena ter comprado. No cons until now 3 days of usage. Il sistema operativo ha una buona interfaccia non invadente e molto piacevole.

Great phone my sister loved it so much perfect camera Cons: The battery is lossed a little quickly. Ten jest elegancki ma dobry aparat. Gorgeous design, great optimization on the interface, everything rotates, plus fabulous cameras.

I do not have negative points. The battery should be improved; Nothing else more. Excellent product and benefit! Perfect camera, excellent performance. Battery would be the only negative point of the smartphone.

LeEco Le S3 X Good equipment, good performance, performance does not stand out from many more expensive phones, in my opinion one of the better phones at this price. Great specks for such a cheap price.

This could easily be a flagship phone, it has all the requisites, lots of ram and great quality cameras. Great phone for such a price This phone has great specs. It is a premium phone. It is worth double the price I paid on Gearbest.

Motorola Mobility will remain headquartered in Chicago, and continue to use the Motorola brand, but Liu Jun—president of Lenovo's mobile device business, became the company's leader.

The Chinese name simplified Chinese: It can also imply creativity. In, Yang Yuanqing decided to abandon the Legend brand name to expand internationally. In April, the company publicly announced its new 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 copy that read, "Transcendence depends on how you think.

In February, Lenovo became the subject of controversy for having bundled software identified as malware on some of its laptops. The software, Superfish Visual Discovery, is a web browser add-on that injects price comparison advertising into search engine results pages.

To intercept HTTPS - encrypted communications, the software also installed a self-signed digital certificate. The head of Superfish responded to security concerns by saying the vulnerability was "inadvertently" introduced by Komodia, which built the application.

From October through June, the UEFI firmware on certain Lenovo models had contained software known as "Lenovo Service Engine," which Lenovo says automatically sent non-identifiable system information to Lenovo the first time Windows is connected to the internet, and on laptops, automatically installs the Lenovo OneKey Optimizer program software considered to be bloatware as well.

This process occurs even on clean installations of Windows. It was found that this program had been automatically installed using a new feature in Windows 8 , Windows Platform Binary Table, which allows executable files to be stored within UEFI firmware for execution on startup, and is meant to "allow critical software to persist even when the operating system has changed or been reinstalled in a 'clean' configuration"; specifically, anti-theft security software.

The software was discontinued after it was found that aspects of the software had security vulnerabilities, and did not comply with revised guidelines for appropriate usage of WPBT. At a third time in, criticism arose that Lenovo might have installed software that looked suspicious on their commercial Think-PC lines.

This was discovered by Computerworld writer Michael Horowitz, who had purchased several Think systems with the Customer Feedback program installed, which seemed to log usage data and metrics.

Horowitz also criticized other media for quoting his original article and saying that Lenovo preinstalled spyware, as he himself never used that term in this case and he also said that he does not consider the software he found to be spyware.

As of June, a Duo Labs report stated that Lenovo was still installing bloatware, some of which leads to security vulnerabilities as soon as the user turns on their new PC.

Lenovo expanded significantly in through its acquisition of IBM 's personal computer business, including its ThinkPad and ThinkCentre lines. The ThinkPad is a line of business-oriented laptop computers known for their boxy black design, modeled after a traditional Japanese lunchbox.

The ThinkPad has been used in space and is the only laptop certified for use on the International Space Station. The ThinkCentre is a line of business-oriented desktop computers which was introduced in by IBM and since has been produced and sold by Lenovo since Similar to the ThinkPad line of computers, there have been budget lines of ThinkCentre branded computers in the past.

Some examples of this include: M55e series, A50 series, M72 series. These "budget" lines are typically "thin clients" however. Lenovo ThinkStations are workstations designed for high-end computing.

High-end monitors are marketed under the ThinkVision name. Lenovo also announced another inch 4K touch-enabled device running Android that can function as an all-in-one PC or an external display for other devices.

The X24 includes a wireless charging base for mobile phones. Both monitors have HDMI 2. Both displays have dual-array microphones and 3-watt stereo speakers. The IdeaPad line of consumer-oriented laptop computers was introduced in January The IdeaPad's design language differs markedly from the ThinkPad and has a more consumer-focused look and feel.

On September 21, , Lenovo confirmed that their Yoga series is not meant to be compatible with Linux operating systems, that they know it is impossible to install Linux on some models, and that it is not supported.

All IdeaCentres are all-in-one machines, combining processor and monitor into a single unit. In, Lenovo added a table computer to the IdeaCentre line.

Thanks to its use of Windows 8, the Horizon can also serve as a desktop computer when set upright. As of January, Lenovo only manufactured phones that use the Android operating system from Google.

Numerous press reports indicated that Lenovo planned to release a phone running Windows Phone 8 , According to J. Howard, a vice president at Lenovo's mobile division, the company would release a Windows Phone product if there is market demand.

Lenovo has implemented an aggressive strategy to replace Samsung Electronics as Mainland China market's top smartphone vendor. Data from Analysys International shows that Lenovo experienced considerable growth in smartphone sales in China during Specifically, it saw its market share increase to IDC analysts said that Lenovo's success is due to its "aggressive ramping-up and improvements in channel partnerships.

Lenovo has the confidence to outperform Samsung and Apple, at least in the Chinese market. However, its attempt was reportedly blocked by the Government of Canada, citing security concerns due to the use of BlackBerry devices by prominent members of the government.

An official stated that "we have been pretty consistent that the message is Canada is open to foreign investment and investment from China in particular but not at the cost of compromising national security".

In January, Lenovo announced a proposed deal to acquire Motorola Mobility to bolster its plans for the U. Lenovo plus Motorola was the 3rd largest producer of smartphones by volume in the world between and In the reorganization which followed, Lenovo was uncertain how to brand its Motorola smartphones.

In November, members of Lenovo management made statements that Lenovo would use the Motorola brand for all its smartphones. The company reversed course in March and announced that the Motorola brand name would be used in all regions in future products.

In November, Lenovo said it would soon unveil a smart television product called LeTV, expected for release in the first quarter of In the future, users will have many smart devices and will desire an integrated experience of hardware, software and cloud services.

In March, Lenovo announced that it projected smart television sales surpassing one million units for Rumors that Lenovo was developing a wearable device were confirmed in October after the company submitted a regulatory finding to the Federal Communications Commission.

The device, branded a "Smartband," has a battery life of seven days. It has an optical heart-rate monitor and can be used to track distance and time spent running and calories burned.

It can also notify the user of incoming calls and texts. The Smartband went on sale in October Lenovo started offering the device for sale on its website without a formal product announcement.

REACHit is a storage management application. It is designed to help users access, organize, and search files across multiple devices and operating systems.

REACHit extends the search capabilities of Cortana, giving it access to a much wider range of files, including those stored in Google Drive, Dropbox, and Microsoft's own OneDrive as described above, in addition to implementing searches across multiple devices and making them context sensitive.

WRITEit works with almost all applications and online forms that accept text input. It includes an anti-theft system that locks the device when someone tries to change the SIM card, making the phone unusable without a password.

It also speeds up devices by ensuring that duplicate background processes do not run and keeping the cache clean. SYNCit backs up call logs and contact information. It allows shooting panoramas, low-light scenes, photo editing, and creating animated GIFs.

It uses image recognition software to automatically sort photos into folder. This app also lets users edit photos with filters and effects. This service works across devices, networks, and international borders in China, Europe, the Middle East, and Africa.

Lenovo Connect eliminates the need to buy new SIM cards when crossing borders. Lenovo's manufacturing operations are a departure from the usual industry practice of outsourcing to contract manufacturers.

Lenovo instead focuses on vertical integration in order to avoid excessive reliance on original equipment manufacturers and to keep down costs. The speed of innovation is very fast, so you must know how to keep up with the pace, control inventory, to match supply with demand and handle very fast turnover.

Lenovo Chief Technology Officer George He said that vertical integration is having an important role in product development. He stated, "If you look at the industry trends, most innovations for" PCs, smartphones, tablets and smart TVs are related to innovation of key components—display, battery and storage.

Differentiation of key parts is so important. So we started investing more Lenovo responded by reducing the number of KPIs from to 5, offering intensive training to managers, and working to create a global Lenovo culture.

Lenovo also doubled-down on vertical integration and manufacturing near target markets in order to cut costs at time when its competitors were making increased use of outsourcing off-shoring.

By, Lenovo ranked 20th on Gartner's list of top 50 supply chains, whereas in the company was unranked. In, Lenovo partially moved production of its ThinkPad line of computers to Japan.

Akaemi Watanabe, president of Lenovo Japan, said, "As a Japanese, I am glad to see the return to domestic production and the goal is to realize full-scale production as this will improve our image and make the products more acceptable to Japanese customers.

In October, Lenovo announced that it would start assembling computers in Whitsett, North Carolina. Production of desktop and laptop computers, including the ThinkPad Helix began in January As of July [update] , workers were employed at this facility.

Lenovo has been in Whitsett since, where it also has centers for logistics, customer service, and return processing. In, Lenovo and Hong Kong Cyberport Management Company Limited, a government-sponsored business park for technology firms, reached a deal to "jointly build a cloud service and product research and development center.

Lenovo assembles smartphones in Chennai, India through a contract manufacturing agreement with Flextronics. The company executive headquarters are in Morrisville, North Carolina, [] [] near Raleigh in the Research Triangle metropolitan area, [] in the United States.

Previously the company's U. About 70 people worked there. In, Lenovo announced that it was consolidating its U. Lenovo was the world's largest supplier of personal computers in, shipping an estimated Lenovo replaced the unprofitable Aluminum Corp of China, a state-owned enterprise, on the list of 50 key companies on the Hong Kong stock exchange that constitute the Hang Seng Index.

Being added to the Hang Seng Index was a significant boon for Lenovo and its shareholders as it widened the pool of investors willing to purchase Lenovo's stock. For instance, index funds pegged to the Hang Seng and pension funds that consider index inclusion now have the opportunity to invest in Lenovo.

Some people have said we are a state-owned enterprise. The purpose of the Chinese Academy of Sciences to invest in this company was that they wanted to commercialize their research results.

The Chinese Academy of Sciences is a pure research entity in China, owned by the government. From this point, you could say we're different from state-owned enterprises.

Secondly, after this investment, this company is run totally by the founders and management team. The government has never been involved in our daily operation, in important decisions, strategic direction, nomination of the CEO and top executives and financial management.

Everything is done by our management team. In early, the U. State Department was harshly criticized for purchasing 16, computers from Lenovo. Critics attempted to smear Lenovo as controlled by the Chinese government and a potential vehicle for espionage against the United States.

Yang spoke out forcefully and publicly to defend Lenovo. He said, "We are not a government-controlled company. Those firms had the full backing of the state while Lenovo received no special treatment.

Yang worried that fears about Lenovo's supposed connections to the Chinese government would be an ongoing issue in the United States. Yang worked to ease worries by communicating directly with Congress.

In June, Yang arranged to be seated next to C. Richard D'Amato, a member of the congressional committee that had earlier raised concerns about the security of Lenovo's products.

D'Amato later stated that he was impressed with Yang's candor. Yang dramatically increased his ownership stake in by acquiring million shares in As of June, Yang owned an 8 percent stake in Lenovo.

He previously owned only 70 million shares. In a statement, Yang said, "While the transaction is a personal financial matter, I want to be very clear that my decision to make this investment is based on my strong belief in the company's very bright future.

My decision to increase my holdings represents my steadfast belief in these principles. Lenovo's corporate culture differs from other Chinese companies. While Lenovo was founded using seed capital from the state-owned Chinese Academy of Sciences, Lenovo is run as a private enterprise with little or no interference by the state.

Lenovo's senior executives, including many non-Chinese, rotate between two head offices, one in Beijing and the other in Morrisville, North Carolina, and Lenovo's research and development center in Japan.

Two foreigners have previously served as Lenovo's CEO. English is Lenovo's official language. Lenovo's CEO, Yang Yuanqing, initially did not understand English well, but relocated his family to Morrisville in order to improve his language skills and learn American ways.

One American Lenovo executive interviewed by The Economist praised Yang for his efforts to make Lenovo a friendly place for foreigners to work. He said that Yang had created a "performance culture" in place of the traditional Chinese work style of "waiting to see what the emperor wants.

Yang Yuanqing is the chairman and chief executive officer of Lenovo. One of his major achievements was leading Lenovo to become the best-selling personal computer brand in China since In, Business Week named him one of Asia's rising stars in business.

Ward was succeeded by Bill Amelio on 20 December Yang was chairman of Lenovo's board from to, and returned as chairman in alongside his role as CEO. According to Lenovo spokesman, Jeffrey Shafer, Yang felt that it would be the right thing to, "redirect [the money] to the employees as a real tangible gesture for what they done.

This was almost equivalent to a monthly salary of an average worker in China. Liu Chuanzhi is the founder and chairman of Lenovo. Liu was trained as an engineer at a military college and later went on to work at the Chinese Academy of Sciences.

Like many young people during the Cultural Revolution, Liu was denounced and sent to the countryside where he worked as a laborer on a rice farm. Liu claims Hewlett-Packard as a key source of inspiration.

In an interview with The Economist he stated that "Our earliest and best teacher was Hewlett-Packard. I was wearing an old business suit of my father's and I sat in the back row.

In early, Lenovo announced the addition of Yahoo founder Jerry Yang to its board. Speaking of both men Yang Yuanqing said, "We believe that they will add a great deal to our strategic thinking, long-term direction and, ultimately, our ability to achieve our aspirations in the PC plus era.

In, Lenovo became the first personal computer manufacturer to divide countries into emerging markets and mature markets. Lenovo then developed a different set of strategies for each category.

Lenovo's competitors have widely adopted the same approach [17]. In, Lenovo made a major effort to expand its market share in developing economies such as Brazil and India through acquisitions and increased budgets for marketing and advertising.

In China, Lenovo has a vast distribution network designed to make sure that there is at least one shop selling Lenovo computers within 50 kilometers of nearly all consumers.

Lenovo has also developed close relationships with its Chinese distributors, who are granted exclusive territories and only carry Lenovo products. As of July, Lenovo believes that urbanization initiatives being pushed by Premier Li Keqiang will allow it to sustain sales growth in China for the foreseeable future.

That program, which Lenovo joined in, ended in Lenovo enjoys consistent price premiums over its traditional competitors in rural markets and a stronger local sales and service presence. Lenovo has gained significant market share in India through bulk orders to large companies and government agencies.

For example, the government of Tamil Nadu ordered a million laptops from Lenovo in and single-handedly made the firm a market leader. Lenovo distributes most of the personal computers it sells in India through five national distributors such as Ingram Micro and Redington.

Given that most smartphones and tablets are sold to individuals Lenovo is pursuing a different strategy making use of many small state-centric distributors. Amar Babu, Lenovo's managing director for India, said, "To reach out to small towns and the hinterland, we have tied up with 40 regional distributors.

We want our distributors to be exclusive to us. We will, in turn, ensure they have exclusive rights to distribute Lenovo products in their catchment area. In February, Lenovo established a relationship with Reliance Communications to sell smartphones.

Babu claims that the relative under penetration of smartphones in India represents an opportunity for Lenovo. Lenovo has assembled a team of senior managers familiar with the Indian market, launched mobile phones at all price points there, and worked on branding to build market share.

Lenovo did marketing tests of its smartphones in November in Gujarat and some southern cities, where Lenovo already had a strong presence. Lenovo's strategy has been to create awareness, maintain a broad selection of phones at all price points, and develop distribution networks.

Lenovo partnered with two national distributors and over local distributors. As of February, more than 7, retail outlets in India sold Lenovo smartphones. Lenovo has also partnered with HCL in order to set up service centres in cities.

In India, Lenovo grants distributors exclusive territories but allows them to sell computers from other companies. Lenovo uses its close relationships with distributors to gain market intelligence and speed up product development.

Canalys, a market research firm, said Lenovo took market share away from Apple and Samsung in the country. Lenovo first started doing business in South Africa, establishing a sales office, and then expanded to East African markets such as Kenya, Tanzania, Ethiopia, Uganda, and Rwanda.

Other popular products include the Lenovo notebooks, which were introduced in Lenovo picked Nigeria in to release its smartphone because unlike South Africa and other African countries, there is no requirement to partner with a local telecom firm to sell its phones.

In the long term, according to Braum, "Lenovo in Africa will focus on continuing to consistently supply personal computer products and allow this market to grow, while moving into new territory such as mobile and enterprise.

The campaign was Lenovo's first to go global, except for its domestic market in China, where it retained its existing "Imagine" Pinyin: The campaign did not reach China because "do" carries connotations of manual labor in the country, an image that Lenovo did not want attached to their brand.

Lenovo also started manufacturing products in the USA in In October, Lenovo announced that it had hired Ashton Kutcher as a product engineer and spokesman. Kutcher announced Lenovo's Yoga Tablet at a media event the same month; he flew to China to meet with Lenovo executives shortly thereafter.

David Roman, Lenovo's chief marketing officer, said, "His partnership goes beyond traditional bounds by deeply integrating him into our organization as a product engineer.

Ashton will help us break new ground by challenging assumptions, bringing a new perspective and contributing his technical expertise to Yoga Tablet and other devices. Kutcher studied biochemical engineering at the University of Iowa.

Kobe Bryant starred in ads aired in China and other Asian countries for the K smartphone in When asked about Lenovo's brand Yang Yuanqing said, "The Beijing Olympics were very good for brand awareness in countries like the US and Argentina, but not good enough.

The contest allowed students between the ages of 14 and 18 the chance to devise experiments to be performed by astronauts on the International Space Station. The global winners had their experiment results live-streamed from space, and received a trip to either Japan or Russia.

Lenovo will receive advertising space in NFL venues and events and be allowed to use the NFL logo on its products and ads. Lenovo said that this sponsorship would boost its efforts to market to the key to year-old male demographic.

The NFL has been a Lenovo customer since and the sponsorship resulted from that relationship. Lenovo's sponsorship will last at least three years. The film depicted a mysterious young woman using the IdeaPad Yoga 13 to stay one-step-ahead of her evil pursuers.

Martin Campbell, who previously worked on action movies and James Bond films such as GoldenEye and the remake of Casino Royale, shot this film. Lenovo was the first Chinese company to make use of such marketing techniques.

Lenovo also used Tech World to announce a refresh of its corporate logo and visual identity. The shift in Lenovo's visual presentation was accompanied by changes in Lenovo's business model.

Lenovo said that it was transitioning from being solely a hardware maker to producing both hardware and software. Lenovo announced several concept and production devices at Tech World including Smart View, a concept smartwatch with two screens and a virtual display; Smart Cast, a concept smartphone with a built-in laser projector that displays content and virtual user interfaces such as keyboards and musical instruments; Lenovo Cast, an Android-based streaming video device; Smart Shoes, concept shoes with a screen to display the user's mood and fitness tracking sensors; the ThinkPad 10 , a new tablet computer; and Cortana integration with Lenovo devices and software, including REACHit, which extends Cortana's search functions to non-Microsoft services.

ZUK, a separate company formed by Lenovo in, announced several products at Tech World, These included slim power banks, 3D printers that can print food such as chocolate, an outdoor sound box, and a Wi-Fi based control system for home automation.

Lenovo launched a multi-year advertising campaign called "Goodweird" in the last half of Goodweird is designed to convey the idea that designs that seem strange initially often become familiar and widely accepted.

The Goodweird campaign includes a video with famous images of early attempts to fly with the aid of homemade wings and a bicycle that transitions to a modern-day shot of a man soaring across mountains in a wingsuit before transitioning again to a shot of the Stealth Bomber.

Lenovo worked with three agencies on Goodweird: Goodweird is part of Lenovo's wider strategy to appeal to millennials with an emphasis on design trendsetters. A portion of the funding for Goodweird is being directed to prominent YouTubers and Viners.

BuzzFeed has been engaged to create relevant content. From Wikipedia, the free encyclopedia. Retrieved 21 May Retrieved 30 April

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Both UMIDIGI S2 and S2 Pro are 6-inch Android phablets with Bezelless design featuring a 90% screen-to-body ratio. This is now the trend in the smartphone industry as it makes phones classy and more appealing to the eyes. UMiDIGI mobiles price list with specifications & pictures in India. Compare & get the best price of UMiDIGI mobiles in India. History Founding and early history. Liu Chuanzhi founded Lenovo on 1 November with a group of ten engineers in Beijing with, yuan. The Chinese government approved Lenovo's incorporation on the same day.

And the item contains:. Generally, most of our items will be shipped within business days after payment. However, the exact processing time varies depending on the item. Learn more information about our shipping methods here: It just can work with below Network: My network has the following sites It just can support below Network: Can we pay on delivery???

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A Hello kely, Thanks for your inquiry. We will declare the real value on the package. Q Can we pay on delivery??? Liu Chuanzhi founded Lenovo on 1 November with a group of ten engineers in Beijing with, yuan.

The Chinese government approved Lenovo's incorporation on the same day. 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.

Their 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 Lenovo's 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.

In, Lenovo started to manufacture and market computers using its own brand name. In May, 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 respondents, were selected to take a written employment exam. Although interviewers initially only had 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. Their average age was 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, furthered his son's ambitions through mentoring and facilitating loans. Liu moved to Hong Kong in 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. 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 Lenovo's profitability. Lenovo's IPO was massively over-subscribed. 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.

When 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, Liu proudly announced the company's 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 company's 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. 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.

Mary Ma, Lenovo's chief financial officer from to, 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. 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.

Liu and Ma co-hosted the conference and both gave speeches on corporate governance. Lenovo's 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. Lenovo's Chief Marketing Officer David Roman said, "When we first started looking at it, it wasn't about just 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? The bonds will be sold in Hong Kong with coupon ranging from 4. This 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 American dollars. The Tianxi computer was 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 was bundled with one year of Internet service.

The Tianxi was released in 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, the Tianxi was the best-selling computer in Chinese history. It sold more than 1,, units in alone. Lenovo works to integrate the management of each newly acquired company into its larger culture.

Lenovo has a dedicated mergers and acquisitions team that tracks the progress of these integrations. Lenovo has an annual meeting where the management of newly acquired companies meets with its top executives.

In these meetings, held in English, Lenovo explains its global strategy and how new executives fit into its plans. Lenovo acquired IBM 's personal computer business in, including the ThinkPad laptop and tablet lines.

This acquisition made Lenovo the third-largest computer maker worldwide by volume. We got the ThinkPad brand, IBM's more advanced PC manufacturing technology and 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. IBM acquired an The deal has been already approved by Europe, China and the United States. After closing, Lenovo said that its goal was to become the world's largest maker of servers.

Lenovo also announced plans to start integrating IBM's workforce. Lenovo said that it has no immediate intent to cut jobs. 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. As of, LeGarden had more than 1, programs available for the LePhone. At the same time, LeGarden counted 2, individual developers and developer companies as members.

Lenovo entered the smartphone market in and quickly became the largest vendor of smartphones in Mainland China. Lenovo passed Apple to become the No. The companies said in a statement that they would establish a new company called Lenovo NEC Holdings, to be registered in the Netherlands.

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. 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.

These included over 3, 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 June, Lenovo announced that it planned to acquire control of Medion, a German electronics manufacturing company. Lenovo said 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 the first in which a Chinese company acquired a well-known German company. Gerd Brachmann, chairman of Medion, agreed to sell two-thirds of his 60 percent stake in the company.

He will be paid in cash for 80 percent of the shares and will receive 20 percent in Lenovo stock. That would give him about one percent of Lenovo. An additional payment of million reals was made dependent upon performance benchmarks.

Lenovo cited their desire to take advantage of increased sales due to the World Cup that would be hosted by Brazil and the Summer Olympics and CCE's reputation for quality.

In September, 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 ; no financial details have been disclosed.

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 As of September, Stoneware is based in Carmel, Indiana and has 67 employees. LenovoEMC's products were formerly offered under the Iomega brand name.

LenovoEMC's products are designed for small and medium-sized businesses that do not have the budgets for enterprise-class data storage. LenovoEMC is part of a broader partnership between the two companies announced in August Lenovo is expected to benefit from the relatively high profit margins of the NAS market.

As of February, Google owns about 5. Lenovo also got the future Motorola Mobility product roadmap. Lenovo has stated that Motorola was purchased in large part due to its long-standing relationships with cellular network operators in the United States and the United Kingdom.

Lenovo previously had difficulty breaking into the United Kingdom due to the high proportion of customers who sign contracts and receive phones from carriers. A Lenovo executive said, "There are lots of reasons why we bought Motorola but primarily because it has a history of distribution in the UK.

Motorola has long and established relationships with routes to market in North America and the UK, where people are tied to their network operator. Lenovo received approval from the European Union for its acquisition of Motorola in June In a statement the European Union said, "The Commission concluded that the proposed acquisition would not raise competition concerns in relation to smart mobile devices smartphones and tablets, given the limited market position of the parties and the presence of other strong suppliers in the market.

The acquisition was completed on 30 October Motorola Mobility will remain headquartered in Chicago, and continue to use the Motorola brand, but Liu Jun—president of Lenovo's mobile device business, became the company's leader.

Lenovo spent 18 million RMB on an eight-week television advertising campaign. The billboards showed the Lenovo logo against blue sky with copy that read, "Transcendence depends on how you think.

The software was discontinued after it was found that aspects of the software had security vulnerabilities, and did not comply with revised guidelines for appropriate usage of WPBT.

At a third time in, criticism arose that Lenovo might have installed software that looked suspicious on their commercial Think-PC lines. This was discovered by Computerworld writer Michael Horowitz, who had purchased several Think systems with the Customer Feedback program installed, which seemed to log usage data and metrics.

As of June, a Duo Labs report stated that Lenovo was still installing bloatware, some of which leads to security vulnerabilities as soon as the user turns on their new PC.

Some examples of this include: M55e series, A50 series, M72 series. These "budget" lines are typically "thin clients" however. Lenovo ThinkStations are workstations designed for high-end computing.

All IdeaCentres are all-in-one machines, combining processor and monitor into a single unit. In, Lenovo added a table computer to the IdeaCentre line. Thanks to its use of Windows 8, the Horizon can also serve as a desktop computer when set upright.

As of January, Lenovo only manufactured phones that use the Android operating system from Google. Numerous press reports indicated that Lenovo planned to release a phone running Windows Phone 8 , According to J.

Howard, a vice president at Lenovo's mobile division, the company would release a Windows Phone product if there is market demand. Lenovo has implemented an aggressive strategy to replace Samsung Electronics as Mainland China market's top smartphone vendor.

Data from Analysys International shows that Lenovo experienced considerable growth in smartphone sales in China during Specifically, it saw its market share increase to IDC analysts said that Lenovo's success is due to its "aggressive ramping-up and improvements in channel partnerships.

The device, branded a "Smartband," has a battery life of seven days. It has an optical heart-rate monitor and can be used to track distance and time spent running and calories burned. It can also notify the user of incoming calls and texts.

The Smartband went on sale in October Lenovo started offering the device for sale on its website without a formal product announcement. REACHit is a storage management application.

It is designed to help users access, organize, and search files across multiple devices and operating systems. REACHit extends the search capabilities of Cortana, giving it access to a much wider range of files, including those stored in Google Drive, Dropbox, and Microsoft's own OneDrive as described above, in addition to implementing searches across multiple devices and making them context sensitive.

It also speeds up devices by ensuring that duplicate background processes do not run and keeping the cache clean. SYNCit backs up call logs and contact information.

It allows shooting panoramas, low-light scenes, photo editing, and creating animated GIFs. It uses image recognition software to automatically sort photos into folder. This app also lets users edit photos with filters and effects.

This service works across devices, networks, and international borders in China, Europe, the Middle East, and Africa. Lenovo Connect eliminates the need to buy new SIM cards when crossing borders.

Lenovo's manufacturing operations are a departure from the usual industry practice of outsourcing to contract manufacturers. Lenovo instead focuses on vertical integration in order to avoid excessive reliance on original equipment manufacturers and to keep down costs.

The speed of innovation is very fast, so you must know how to keep up with the pace, control inventory, to match supply with demand and handle very fast turnover. Lenovo Chief Technology Officer George He said that vertical integration is having an important role in product development.

He stated, "If you look at the industry trends, most innovations for" PCs, smartphones, tablets and smart TVs are related to innovation of key components—display, battery and storage. Differentiation of key parts is so important.

So we started investing more Lenovo responded by reducing the number of KPIs from to 5, offering intensive training to managers, and working to create a global Lenovo culture. Lenovo also doubled-down on vertical integration and manufacturing near target markets in order to cut costs at time when its competitors were making increased use of outsourcing off-shoring.

By, Lenovo ranked 20th on Gartner's list of top 50 supply chains, whereas in the company was unranked. In, Lenovo partially moved production of its ThinkPad line of computers to Japan. Akaemi Watanabe, president of Lenovo Japan, said, "As a Japanese, I am glad to see the return to domestic production and the goal is to realize full-scale production as this will improve our image and make the products more acceptable to Japanese customers.

Lenovo assembles smartphones in Chennai, India through a contract manufacturing agreement with Flextronics.

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