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Lenovo announced that the sales of ThinkPad laptops will surpass 60 million this month.
Chinese technology firm Lenovo acquired IBM’s PC business including the ThinkPad brand in 2005 for $1.75 billion. In February this year the company reversed a previous $97m loss into a net incoming of $80m and has seen global PC shipment market share surge from 7.5 per cent to 9.2 per cent year on year.
“ThinkPad has been the trusted laptop brand for business users around the world for nearly two decades,” said Lenovo Think product boss Peter Hortensius. “With Lenovo, ThinkPad has grown even stronger for quality, reliability and performance, and we’ll continue to drive our commitment to innovation further as we design future ThinkPad laptops.”
Lenovo is particularly strong in the Chinese market with just over a third of the total market share and it early this year it reacquired the Chinese market leader Lenovo mobile business after having disposed of it in 2008.
It the US Lenovo is best known for the firm’s corporate business having been inhereted from IBM although it trails in consumer computing behind brands such a HP and Taiwanese rival Acer.
“ThinkPad has been the trusted laptop brand for business users around the world for nearly two decades,” said Lenovo Think product boss Peter Hortensius. “With Lenovo, ThinkPad has grown even stronger for quality, reliability and performance, and we’ll continue to drive our commitment to innovation further as we design future ThinkPad laptops.”
The ThinkPad range has long been at the forefront of laptop design, boasting many firsts including the first built-in optical drives, wireless and finger print readers. The rugged up market ThinkPads still have a reliability for build quality and sport the distinctive trackpoint ‘nipple’ in the middle of the keyboard.
The firm’s latest addition to the ThinkPad range coinciding with the 60m milestone is the announcement of Nvidia Optimus technology boosting graphics performance in the ThinkPad T410, T410s and T510 laptops.
Lenovo is also the only world brand in computers which counts as nation state as its largest shareholder. The company had originally been set up by Legend Holdings, an instrument of the Chinese government. Since then the government’s holdings in Lenovo-owner Legend has been watered but China is still the largest single shareholder with around one quarter of the company.
Source: Lenovo.
