Lenovo is a US$50 billion Fortune Global 500 company and a global technology leader in driving Intelligent Transformation through smart devices and infrastructure that create the best user experience. Lenovo has two business groups.
The Intelligent Devices Group (IDG) encompasses the PC and Smart Devices business, including PCs, tablets, augmented and virtual reality (AR/VR), smart devices, software and services, and the Mobile business for smartphones. The second group is the Data Center Business Group (DCG), which includes servers, storage, networking, software and services. The company is supported by the Lenovo Capital and Incubator Group (LCIG) which drives innovation through investments and incubation in startups that align to the company’s Intelligent Transformation strategy.
Intelligent Devices Group (IDG)
By innovating one of the widest portfolio of award-winning products, Lenovo is delivering smarter technology so that more people can unlock their potential. IDG is at the forefront of making Intelligent Transformation an everyday reality. Energized by synergies from shared platforms and resources, this business group continues to yield strong returns. We are committed to driving the convergence of computing, communication and intelligent technologies.
As global #1 PC leader with a record 24.6% market share*, we combine investment in high-growth segments (workstations, gaming, visuals, thin and light devices) with new innovation in the burgeoning smart device categories, enabling our global technology leadership position to thrive as our PC business strengthens. The business continues to deliver on its Intelligent Transformation vision with recent innovations such as the Lenovo Smart Clock, Lenovo Smart Display, Lenovo Smart Tabs and ThinkSmart Hub.
In addition, we continue to explore new opportunities across augmented reality (AR), virtual reality (VR), artificial intelligence (AI), Internet of Things (IoT), security and as-a-service solutions.
*IDC CY2018 Q4 Worldwide Quarterly Personal Computing Device Tracker
Our mobile business under IDG posted its first worldwide profit in the past fiscal quarter (FY2018/19 Q3) since the Motorola acquisition. This notable achievement came from masterful execution on Lenovo’s strategy to reduce expenses, streamline product portfolio and focus on core markets. The Mobile Business Group (MBG) continues to gain new ground globally with the Motorola brand as it challenges industry convention and defines a new era of mobile innovation. Most recently, the company launched innovations like the new moto g7 family and moto z3 with the 5G moto mod, the world’s first 5G upgradeable smartphone.
The Data Center Group, ranked #1 in customer satisfaction and x86 reliability and the #1 provider of TOP500 supercomputers, spans servers, storage, converged and hyperconverged, networking, hyperscale, software and services. Fueled by continued investments in people and technology, Lenovo’s ThinkSystem and ThinkAgile solution portfolios create the capacity and computing power for the connections that are changing business and society. In addition, key global strategic partnerships such as that with NetApp now operational in China, have significantly expanded our storage and data management market segment coverage.
A significant component of our innovation focus is The Lenovo Capital and Incubator Group (LCIG). The LCIG develops new technologies through strategic global incubation and investments in five key areas of the Smart Internet value chain: IOT + Edge Computing + Cloud + Big Data + Artificial Intelligence, and drive it to integrate deeply with vertical industries and Lenovo ecosystem.
Lenovo manufactures one of the world's widest portfolio of connected products, including smartphones (Motorola), tablets, PCs (ThinkPad, Yoga, Lenovo Legion) and workstations as well as AR/VR devices and smart home/office solutions. Lenovo's data center solutions (ThinkSystem, ThinkAgile) are creating the capacity and computing power for the connections that are changing business and society.
Lenovo's manufacturing business model leverages a mix of both company-owned manufacturing capabilities as well as original design manufacturers (ODM). This hybrid model is a significant source of competitive advantage, helping bring new innovations to market more efficiently whilst ensuring greater control over both product development and supply chain operations. Our facilities are located in Japan, the U.S., Mexico, India, Brazil, Germany, Hungary, Indonesia and multiple locations in China.
Lenovo's corporate headquarters is located in Hong Kong, with key operations centers in Beijing and Morrisville, North Carolina. We have over 57,000 employees globally.
In February 1994, shares of Lenovo were successfully listed on the Main Board of the Stock Exchange of Hong Kong Limited (Stock Code: 992) and Level I American Depositary Receipts (ADRs) (Stock code: LNVGY) were issued in March 1995. Each ADR represents 20 Lenovo common shares. As of March 31, 2019, the total number of issued shares of the Company was 12,014,791,614 shares.