Lenovo acquired IBM's personal computer business in 2005 and agreed to acquire its Intel-based server business in 2014.Lenovo entered the smartphone market in 2012 and as of 2014 was the largest vendor of smartphones in Mainland China.It also has a joint venture with NEC, Lenovo NEC Holdings, which produces personal computers for the Japanese market.
The Chinese government approved Lenovo's incorporation on the same day.
Jiǎ Xùfú (贾续福), one of the founders of Lenovo, indicates the first meeting in preparation for starting the company was held on 17 October of the same year.
In May 1988, Lenovo placed its first recruitment advertisement.
The ad was placed on the front page of the China Youth News. Out of the 500 respondents, 280 were selected to take a written employment exam.
Lenovo became publicly traded after a 1994 Hong Kong listing that raised nearly US$30 million.
Prior to its IPO, many analysts were optimistic about Lenovo.Smell Dating sends users a t-shirt in the mail and instructs them to wear it for three days, send it back and they will receive 10 other shirts from other daters – all for just .The next step of this matchmaking process requires users to take a whiff of each garment and pick the aroma that arouses them the most A phone number and mailing address are the only two things required to sign up for the service.Lenovo soon started developing a circuit board that would allow IBM-compatible personal computers to process Chinese characters. Lenovo also tried and failed to market a digital watch.Liu said, "Our management team often differed on which commercial road to travel.Eleven people, the entirety of the initial staff, attended.