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Betting on Lenovo

Sep 17 2007

Back to: The Great Laptop Forward

Lenovo C.E.O. Bill Amelio
Lenovo Beijing plant
Lenovo’s founder, Liu Chuanzhi (left)
Yang Yuanqing, chairman of Lenovo.
Lenovo’s Beijing North campus
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Hoping to Fly
Lenovo C.E.O. Bill Amelio, photographed at the Olympic swimming center, outside Beijing National Stadium (also known as the bird’s nest) on May 28. His job: to lift China to a new level in the global economy.
Laptopping the Field
In China, Lenovo is the industry leader in PCs, thanks to products such as these desktop PCs being assembled in its Beijing plant; in the West, there’s almost no awareness of the brand—yet.
Handover
Lenovo’s founder, Liu Chuanzhi (left), named his protégé, Yang Yuanqing (not pictured), as the company’s C.E.O. in 2001.
Chairman Now
Yang Yuanqing, chairman of Lenovo. In 2005, Lenovo paid I.B.M. $1.3 billion for its PC group, the biggest buyout of a U.S. operation ever by a Chinese company. After the merger, Yang appointed I.B.M. executive Stephen Ward to be C.E.O. Yang became chairman and moved to Raleigh, North Carolina, where Lenovo has its U.S. headquarters.
Home Crowd
Two years after buying I.B.M.’s PC division, Lenovo is still working to find the best way to integrate its U.S. workers with its labor pool in China, including these employees at Lenovo’s Beijing North campus.