When you hear the name of Lenovo you think of quite amazing laptops and mobiles. They are one of the largest manufacturers of computers in the entire world. This company is founded in Beijing in 1984 but it was transferred their company in hongkong in 1988. They entered in mobile phone market in 2012. They even acquired one of the competitor company which is Motorola. We will discuss about 10 interesting facts about this Chinese company which you may never heard of. So here it is-
- Agreement with Microsoft
In 1997 Lenovo make a deal with Microsoft which was the highest deal then in the market. Microsoft want to explore the market of china where the govt did not allow other companies to extend easily. On the other hand Lenovo want to make their presence in the world. So they need big name who can give the opportunity. So in this deal both the company get benefitted.
- Rebranding their name:
Their old name was tough to pronounce and not attractive Legend, so they change their name into Lenovo in which leno means legend and Novo means new. They spend a whooping amount of 30 million dollars to advertisement for the promotion of the new name.
- Buying IBM
Lenovo buy one of the biggest computer making company IBM and thus become world 3 rd highest PC selling company in very few time. They now compete with dell and HP to securing the place.
- Huge drop in share in 2016
In 2016, Lenovo suffered its first lost in their company. They even get lose from their highest selling area of selling PC. Their share price dropped by 67 % at that time by which they loss huge in the market.
- Installing Malware
This company was accused by the tech experts that they installed a malware ‘superfish” in their device by which they got the personal information and even bank account details of the customer. When it get noticed they defined it by that they are wanting to give better experience in shopping. Later after getting huge controversy they stop installing but who already got installed one had nothing to do.
- New Logo
In Lenovo they feel their logo and the slogans are quite boring. So they decided that they have to change it. So in 2015 they make a geometric logo and slogan ‘innovation never stand still. The logo can be changed in background.
- Making a guiness world record
With partnership of a American company this company make a world record by collecting highest number of toys in 24 hours period. They collected 50 thousand pounds of toy in that period which was gifted to children.
You Can also read
- Sikkim State Lottery Sambad Result 10.1.2021 Today 4 PM Result
- West Bengal State Lottery Sambad Result 27.11.2024 Today 4PM Result
- 8 interesting things about the company LENOVO
- Amazing facts about the company of NOKIA
- 7 interesting facts about the Japanese company SONY
- Top 4 ‘Made-In-India’ alternatives to popular apps
- 10 Amazing Facts About Samsung
- Top 3 new ‘Made in India’ Games
- 10 Amazing Facts About IPHONE – The Most Expensive Phones
- 8 Facts about Xiaomi Company – Budget King of India
- 8 Facts about One Plus – India’s Top Premium Smartphone company
- Top 4 ‘Made-In-India’ alternatives to popular apps
- Explanation a ridiculous Share market story of GameStop
- BSE or NSE, Which exchange is better for you?
- Top 5 Unknown Stock Exchanges of India
- Top 3 brokers of India who offer 3 in 1 account
- Top 4 Discount Broker in Share Market in India
- Top 3 Full Service Brokers of Share Market in India
- Bank Recruitment 2021 Apply Counselor Jobs – Indian Banks
- Can Vodafone- Idea new venture VI sustain in Indian market?
- 5 Smartphones that fail in Market
- Top 5 Female Entrepreneurs of India – The Female Millionaires
- 5 Indian Apps which are famous worldwide?
- 5 Reasons Why Duckduckgo is better than Google search?
- Kind CEO
The CEO of Lenovo Yang Yuanqing donates his 3 million $ annual bonus to his employees every year. It is given to the amount to the employee in the company. But is his successor did the same? No even they cut the salary of the employee of the company
Leave a Reply