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Who owns Lenovo?

Discussion in 'Lenovo' started by SpotBurner, Mar 24, 2008.

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  1. SpotBurner

    SpotBurner Notebook Guru

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    My real estate agent was over to my house and saw my new T61. He says, nice notebook, you know they were bought out by some Chinese company about 5 months ago? I said IBM owns Lenovo. He says, no, they were just bought by some Chinese company.

    I really don't care, I just want to know how I should have replied.

    1. Mike, you're FOS as usual. Or...
    2. Really, I didn't know that, how interesting. Or...
    3. Yeah, I remember seeing all those Chinese city names when following
    it's build, so that's what that meant!


    Really, it doesn't matter to me who owns Lenovo but I really thought it was IBM. :confused:
     
  2. MPC

    MPC Notebook Consultant

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    As of May 31, 2007, 39.6% of Lenovo is owned by public shareholders, 42.4% by Legend Holdings Limited, 7.9% by IBM and 10.1% by Texas Pacific Group, General Atlantic LLC and Newbridge Capital LLC. Because the Chinese Academy of Sciences, a Chinese government agency, owns 65% of Legend Holdings, effectively the Chinese government owns about 27.5% of Lenovo and is the largest shareholder.

    It is headquartered in Beijing, China
     
  3. dtwn

    dtwn C'thulhu fhtagn

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    Actually it's the other way round. Lenovo owns IBM. And Lenovo is a Chinese company. Actually, more accurately, Lenovo owns IBM's PC division.
     
  4. Andrew Baxter

    Andrew Baxter - Super Moderator

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    Quoting for truth and to backup this answer. Lenovo bought the PC Division of IBM, the Lenovo name is on most ThinkPad products sold at this time now.
     
  5. SpotBurner

    SpotBurner Notebook Guru

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    OK, correct answer to Mike should have been:

    It's more complicated than that. But I think you're still FOS most of the time. :p
     
  6. wobble987

    wobble987 Notebook Virtuoso

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    you should have replied:

    2. Really, I didn't know that, how interesting

    i'm not sure how long ago.. but its more than a year ago i think...

    but YES! Lenovo bought IBM PC division (as Andrew said), and now they produced, designed, and engineered thinkpad notebook. as far as i know; the quality of the thinkpad line has not been compromised.
     
  7. SpotBurner

    SpotBurner Notebook Guru

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    So was it ever correct to say IBM bought Lenovo? That was what I'd originally heard when looking for a notebook (which now it seems was after Lenovo bought the IBM PC Division...or whatever). Color me :confused: :eek: :rolleyes: :eek:
     
  8. objectref

    objectref Notebook Consultant

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    yet.........:eek:
     
  9. gamemint

    gamemint Notebook Evangelist

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    I thought IBM own lenovo guess it is the other way around
     
  10. symple

    symple Notebook Enthusiast

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    From my understanding Lenovo was in charge of thinkpad production even when ibm owned the thinkpad trademark for some time...just a note...
     
  11. blackcobrasandy

    blackcobrasandy Notebook Guru

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    Small correction IBM sold their PC Division to Lenovo.
     
  12. millermagic

    millermagic Rockin the pinktop

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    My T60 was made after IBM sold to Lenovo. The Computer says IBM on the palm rest but the original AC adapter said Lenovo.
     
  13. THAANSA3

    THAANSA3 Exit Stage Left

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    No disrespect, but what really is the point of this thread?
     
  14. tallshorty

    tallshorty Notebook Evangelist

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    LENOVO bought over IBM's PC division. LENOVO is a Chinese company. Hence, the Chinese makes Thinkpads. Makes sense?
     
  15. lungdoc

    lungdoc Notebook Enthusiast

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    Some like to know where their stuff is coming from, others are just curious about the corporations involved in making their gear. Some may not wish to support the Chinese gov't, however indirectly.
     
  16. meekus

    meekus Notebook Consultant

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    FWIW the big names in laptops don't actually build their own laptops. IOW the likes of Apple, Dell, HP, Sony, Toshiba, etc. contract other companies to build laptops for them--most likely Asus, Clevo, Compal, and Quanta--and all of companies are headquartered in Taiwan/China with assembly plants in Taiwan/China.

    Cases in point:
    Asus builds Apple laptops.
    Clevo builds Alienware and Sager laptops.
    Compal builds Compaq, Dell, HP, and Toshiba laptops.
    Quanta builds Dell and Sony laptops.

    This has been going on for years BTW and is nothing new.

    So if one's somehow worried about Lenovo's acquisition of IBM's PC division, one might want to give a thought as to who all actually built the laptop one was already using prior to buying a Lenovo.
     
  17. Sircas

    Sircas Notebook Consultant

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    I have a T60 that says IBM ThinkPad on the Cover and Palm rest. I wanted a ThinkPad. I love that mine says IBM. I have Loved the IBM ThinkPad series for years. Now, I have my own personal ThinkPad.

    As long as it looks, feels & performs like the IBM ThinkPad of Old, I don't care who owns the Company. The continued Quality Factor, I do care about!!

    Got ThinkPad!!

    Sircas
     
  18. THAANSA3

    THAANSA3 Exit Stage Left

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    I understand that. I guess I asked the question because the OP mentioned a number of times how he or she didn't care to know, but then decided to start a thread about it. There is some good information contained in this thread, so I guess I was more-or-less questioning the OP.
     
  19. gmaster

    gmaster Notebook Consultant

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    just about all motherboards..etc.. are made overseas anyways.. cheap labor
     
  20. elfroggo

    elfroggo Notebook Evangelist

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    Buying anything made in China supports the Chinese government, so good luck. ;)
     
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