Who owns the thinkpad brand

This would be a key to its dominance of the market for decades to come. The company's state ownership had given it another advantage in the domestic market, which was rooted in the Communist system. Legend made its first PC under its own brand in Four years later, the company was celebrating its one millionth PC built. The Chinese Academy of Science and Technology remained a major shareholder.

Legend became first to bring Western-style stock options and other incentives into the People's Republic, offering stock options as a hiring bonus for new talent.

It was quick to update its offerings, installing new Pentium chips in its machines while starting, and winning, an aggressive price war with its foreign competitors. By its market share was about 27 percent. Its closest domestic rival, Founder, had about an 8 percent share. The People's Republic was experiencing an ever-growing demand as businesses modernized to keep up with the expanding economy.

There was also a large untapped market for home users. Legend, of course, benefited from the low production costs that had foreign electronics manufacturers outsourcing their own production to China.

It also knew its home market well, Liu told Time International. Legend's Tianxi Millennium Computer allowed brand new users to connect to the Internet simply by pushing a button.

The burst of the tech bubble slowed demand for personal computers in the rest of the world, but China's market continued to grow. Legend's services unit was spun off as a separate company in June This included the distribution business, which handled foreign-branded equipment such as Hewlett-Packard PCs and printers and Toshiba notebooks.

Legend was building up its IT consulting and systems integration businesses through acquisitions. Legend Holdings Ltd. PC manufacturing business, was developing into a conglomerate. Legend Digital China Holdings, formerly Legend Technology, handled Legend Group's fourth line of business: software and e-commerce services.

The company was itself a dedicated user of e-commerce. Bajarin is the President of Creative Strategies, Inc and has been with the company since where he has served as a consultant providing analysis to most of the leading hardware and software vendors in the industry. Contact us at letters time. A Lenovo Group Ltd. Bloomberg—Bloomberg via Getty Images. By Tim Bajarin. Related Stories. Already a print subscriber? Go here to link your subscription.

The company has 66 unique nationalities comprising its workforce in 61 markets. Lenovo isn't being complacent, either, as the company aspires to continue diversifying its team.

Women make up 36 percent of Lenovo's worldwide personnel and the company is zeroing in on having women make up 20 percent of its global leadership. In the United States, the company is aiming at trying to fill 30 percent of its leadership roles with underrepresented groups. The company believes that a healthy corporate culture is key to having a healthy bottom line.

Some writing projects have included ghost-writing for CEOs and doing strategy white papers. She frequently writes for corporate clients representing Fortune brands on subjects that include marketing, business, and social media trends. Share It. Is the market big enough?

Can resources compensate for shortcomings? Employees are encouraged to think for themselves and act accordingly. Lenovo has fostered a commitment culture. Pioneering is key. Lenovo may believe in buying existing intellectual properties, but its power comes from pushing to innovate and always seeking to be better.