1.3 1999–2010: IBM purchase and sale of smartphone division.1.2 1994–1998: IPO, second offerings and bond sales.IBM's Think-line systems are exclusively developed in Yamato and in Morrisville. It has research centers in Beijing, Chengdu, Yamato ( Kanagawa Prefecture, Japan), Shanghai, Shenzhen, and Morrisville (North Carolina, US), and also has Lenovo NEC Holdings, a joint venture with NEC that produces personal computers for the Japanese market. The main headquarters was located in Hong Kong, while the global headquarters is located in Beijing, China, and its operational headquarters is in Morrisville, North Carolina, US. Lenovo has operations in over 60 countries and sells its products in around 180 countries. Since the 1990s, Lenovo has increasingly diversified from the personal computer market and made a number of corporate acquisitions, with the most notable being acquiring and integrating most of IBM's personal computer business and its x86-based server business as well as creating its own smartphone. Lenovo grew to become the market leader in China and raised nearly US$30 million in an initial public offering on the Hong Kong Stock Exchange.
Initially specializing in televisions, the company migrated towards manufacturing and marketing computers. Lenovo was founded in Beijing on 1 November 1984 as Legend by a team of engineers from the Chinese Academy of Sciences. As of 2021, Lenovo is the world's largest personal computer vendor by unit sales. Its best-known brands include IBM's ThinkPad business line of laptop computers, the IdeaPad, Yoga, and Legion consumer lines of laptop computers, and the IdeaCentre and ThinkCentre lines of desktop computers. Products manufactured by the company include desktop computers, laptops, tablet computers, smartphones, workstations, servers, supercomputers, electronic storage devices, IT management software, and smart televisions. The Lenovo ThinkPad X1 Yoga 2nd Generation has since been replaced by the 3rd and 4th Generation models, which feature improved technical specifications while still retaining the best features of the 2nd Generation.Lenovo Group Limited, often shortened to Lenovo ( / l ə ˈ n oʊ v oʊ/ lə- NOH-voh, Chinese: 联想 pinyin: Liánxiǎng), is a Chinese multinational technology company specializing in designing, manufacturing, and marketing consumer electronics, personal computers, software, business solutions, and related services. Other identifying features include the fingerprint scanner to the right of the touchpad and the rechargeable pen in its slot on the right side of the device. It is slim with dimensions of 13.11" x 9.02" and lightweight at 3 lbs. The laptop comes in black or silver and can be identified as the 2nd Generation model by the text on the back. Key parts of the laptop include the following: a rise-and-fall keyboard when switching between modes, rechargeable pen, and rapid charging battery. Compared to the 1st Generation model, the Thinkpad X1 Yoga 2nd Generation features an improved processor, graphics, and longer battery life. It is marketed as a business laptop with features that appeals to needs ranging from casual office work to travel. The Lenovo ThinkPad X1 Yoga 2nd Generation (Model number: TP00076C), released in April 2017, is a convertible-hybrid laptop built to switch between Laptop Mode and Tablet Mode.
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