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Yang ensured proper training of distributors and brought in Microsoft and Intel to help with these efforts. Yang also set up a system to monitor the sales, inventory, cash flow, compliance, and pricing of distributors. Many analysts cite Lenovo's distribution system and after sales service as the key to its expansion. [2] Yang Yuanqing in 2008 ...
The vast majority of laptops on the market are manufactured by a small handful of Taiwan-based original design manufacturers (ODM), although their production bases are located mostly in mainland China. Quanta Computer pioneered the contract manufacturing of laptops in 1988. By 1990, Taiwanese companies manufactured 11% of the world's laptops.
Lenovo Group Limited, trading as Lenovo (/ l ə ˈ n oʊ v oʊ / lə-NOH-voh, Chinese: 联想; pinyin: Liánxiǎng), is a Chinese-American [9] multinational technology company specializing in designing, manufacturing, and marketing consumer electronics, personal computers, software, servers, converged and hyperconverged infrastructure solutions, and related services. [5]
The global market leader has been Lenovo in every year since 2013, followed by HP and Dell. Previously, Compaq was the global market leader in the late 1990s until the year 2000, while HP and Dell shared market leadership in the 2000s. For data about PC vendors' market shares in laptop computers specifically, see Laptop#Historic market share.
Yang Yuanqing said that Lenovo's strategy for Lenovo devices dictates an emphasis on its home market of China and emerging markets such as Russia, Indonesia, India, and the Middle East. Lenovo planned significant product releases in those markets in 2013. Yang said Lenovo is pursuing this strategy due to its thin pre-tax profit margin of only 2.6%.
Data source: SentinelOne. Fiscal years end Jan. 31. The good news is that its gross margin has also been climbing, going from 60.1% in fiscal 2022 to 71.1% in fiscal 2024.
The V Series laptops released by Lenovo in 2011 were the V370, V470 and V570. [21] The 2011 Lenovo V Series laptops offered screen sizes of 13.3 inches, 14 inches, and 15.6 inches respectively, with maximum resolutions of 1366x768 pixels. [21] The laptops could be equipped with up to Intel Core i7 processors and up to 8GB of RAM. [21]
ThinkPad is a line of business-oriented laptop and tablet computers produced since 1992. The early models were designed, developed and marketed by International Business Machines (IBM) until it sold its PC business to Lenovo in 2005; since 2007, all new ThinkPad models have been branded Lenovo instead [5] and the Chinese manufacturer has continued to develop and sell ThinkPads to the present day.
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