When did Lenovo set up its factory?

Lenovo group co., ltd (HKEx: 0992) and (OTCBB: LNVGY) were established in 1984, with an investment of 200,000 RMB and scientific and technical personnel 1 1. At that time, it was called new technology development company of Institute of Computing Technology, Chinese Academy of Sciences. Beijing Lenovo Computer Group Corporation was established in 1989.

Lenovo mainly produces desktop computers, servers, notebook computers, printers, palmtop computers, motherboards and other commodities. From 65438 to 0996, Lenovo's computer sales ranked first in China's domestic market.

On April, 2004, the English name of Lenovo Group was changed from Legend to Lenovo. "Lenovo" is a mixed word, "Le" comes from "Legend" and "-novo" is a pseudo-Latin word from "nova". In May 2005 1, Lenovo completed the acquisition of IBM's PC business unit at the price of1.70 million US dollars, and obtained the right to use the IBM brand within five years, becoming the third largest PC manufacturer in the world. Lenovo's current computer shipments (in the third quarter of 2007) ranked third in the world, second only to HP and Dell computers. However, after Acer recently acquired Gate-way, the third place fell into Acer's hands, and Lenovo became the fourth. Lenovo originally wanted to expand the European market by acquiring Packard Bell in the Netherlands, but this hope was dashed after Acer acquired Gateway, which had the priority to acquire Patek. However, William Amelio, CEO of Lenovo Group, said that the acquisition of other computer companies was not ruled out.