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Lenovo's Competitors, Revenue, Number of Employees, Funding and Acquisitions

Lenovo is a computer technology firm that manufactures and distributes personal computers, laptops, smartphones and acce... Read more

Based on data from Lenovo's latest SEC filings

Annual Revenue

Based on data from Lenovo's latest SEC filings

Employees

Yang Yuanqing's photo - Chairman & CEO of Lenovo

Chairman & CEO

Yang Yuanqing

CEO Approval Rating

67/100

OVERVIEW

Founded:

1984

Headquarters:

MorrisvilleNorth Carolina

Status:

PublicIndependent Company of Hong Kong Stock Exchange0992

Industry Sector:

Electronic Equipment

Technology Hardware

Peripherals

SIC Code:

3600NAICS listing »

3572NAICS listing »

3577NAICS listing »

Top Competitors or Alternatives

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Competitor - 1/1

Is ASUS a competitor of Lenovo?

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Trending News for Lenovo and Lenovo's Competitors

December 13, 2019

IT-Online

Lenovo, Intel partner on research supercomputer

Lenovo and Intel will collaborate to modernise HPC infrastructure at Austria's most powerful supercom... See more »

Today 2:23 AM

IGN Entertainment

How Does Xbox Series X Compare to a Gaming PC

The Xbox Series X sure looks like a gaming PC. Will it be priced like one too?... See more »

December 13, 2019

VentureBeat

Samsung didn't really sell 1 million Galaxy Folds, but does it matter?

2019 won't be the year when foldable phones cross the one million sold mark, but that's now an inevit... See more »

Competitive Analysis

TOP COMPETITORS OR ALTERNATIVES

HP is Lenovo's top competitor. HP is headquartered in Palo Alto, California, and was founded in 1939. Like Lenovo, HP also operates in the Peripherals field. HP generates 118% the revenue of Lenovo.

Dell is seen as one of Lenovo's top competitors. Dell's headquarters is in Round Rock, Texas, and was founded in 1984. Like Lenovo, Dell also works within the Electronic Equipment industry. Dell generates 54% of Lenovo's revenue.

Apple has been one of Lenovo's top competitors. Apple was founded in 1976, and its headquarters is in Cupertino, California. Like Lenovo, Apple also works within the Electronic Equipment field. Apple has 80,000 more employees than Lenovo.

RANK

COMPANY

LEADERSHIP

CEO SCORE

EMPLOYEES

TOTAL FUNDING

REVENUE

Yang Yuanqing

Chairman & CEO

- -
57,000
$242M
$49.7B
1

Enrique Lores

President & CEO

68/100
55,000
$538
$58.7B
2

Michael S. Dell

Chairman & CEO

70/100
145,000
- -
$27B
3

Timothy Cook

CEO

82/100
132,000
$1B
$260.2B
4

Samson Hu

Co-CEO

56/100
6,258
- -
$11.7B
5

Jason Chen

Chairman & CEO

68/100
7,305
- -
$13.6B
6

Kenichiro Yoshida

President & CEO

74/100
114,400
- -
$81.8B
7

Satya Nadella

CEO

92/100
131,000
$61M
$129.8B
8

Kinam Kim

President & CEO

86/100
320,671
- -
$196.9B
9

Nobuaki Kurumatani

Chairman & CEO

59/100
141,256
$6B
$61.2B
10

Brian Kwon

CEO

76/100
75,000
$748.8M
$55.7B
The top 10 competitors in Lenovo's competitive set are HP, Dell, Apple, ASUS, Acer, Sony, Microsoft, Samsung, Toshiba and LG Electronics. Together they have raised over 7.8B between their estimated 1.1M employees. Lenovo has 57,000 employees and is ranked 8th among it's top 10 competitors. The top 10 competitors average 107,717.

Quarterly and Annual Revenue

Trailing 12-Months Trend (TTM)

Annual Revenue

$49.7B

Lenovo's revenue is the ranked 8th among it's top 10 competitors. The top 10 competitors average 86B. Over the last three quarters, Lenovo's revenue has decreased by 10.8%. Specifically, in Q2 2019's revenue was $12.5B; in Q1 2019, it was $37B; in Q4 2018, it was $14B.

Acquisitions

COMPANY ACQUIRED
ACQUISITION DATE
AMOUNT
DESCRIPTION
Motorola Mobility, LLC

Jan 2014

Source »
$2.9B
Motorola designs, develops, builds and markets mobile phones.
Stoneware, Inc.

Sep 2012

Source »
undisclosed
Stoneware manufactures cloud computing and classroom management software.

-

-

May 2005

Source »
$1.8B
-

These are all the companies that Lenovo has acquired. Lenovo has acquired 3 companies and its latest acquisition was Motorola Mobility, LLC in Jan 2014. Motorola designs, develops, builds and markets mobile phones.

Lenovo Funding History

Since Lenovo was founded in 1984, it has participated in 2 rounds of funding. In total Lenovo has raised $242.0M. Lenovo's last funding round was on Jun 1994 for a total of $30.0M

ROUND

FUNDING DATE

AMOUNT

INVESTORS

IPO
Jun 1994
$30M
-
Secondary Offering
Mar 2000
$212M
-

Total Funding: $242M

Since Lenovo was founded in 1984, it has participated in 2 rounds of funding. In total Lenovo has raised $242.0M. Lenovo's last funding round was on Jun 1994 for a total of $30.0M

Investments

COMPANY

DESCRIPTION

AMOUNT

INVESTMENT DATE

ROUND

EXIT DATE

Vincross designs, develops and distributes AI-based robots to individuals.
$10M
Feb 18, 2019
Series A
-
CLEARink designs and develops reflective display modules for electronic shelf labels, wearables and mobile devices.
-
Jan 16, 2019
Equity
-
Aibee provides AI-based computer vision, speech recognition, big data analytics and natural language solutions for businesses.
$60M
Nov 27, 2018
Series A
-
Scale Computing provides hyper-converged storage, infrastructure and virtualization solutions for enterprises.
$34.8M
Oct 24, 2018
Series F
-
Cambrian designs and manufactures AI based processor chips for cloud servers, terminals and robots.
-
Jun 20, 2018
Series B
-

These are all the companies that Lenovo has invested in. Lenovo has invested 3 companies and its latest investment was Motorola Mobility, LLC in Jan 2014. Motorola designs, develops, builds and markets mobile phones.

Lenovo News

December 13, 2019IT-Online

Lenovo, Intel partner on research supercomputer

Lenovo and Intel will collaborate to modernise HPC infrastructure at Austria's most powerful supercom... See more »
December 13, 2019BW SMARTCITIES

BPE-Lenovo Strategic Partnership Wins Multi Crore Computer & UPS Order From APTS for Gram Panchayat Project, Andhra Pradesh

The hardware technology major, a multinational technology company, have grabbed their largest order o... See more »
December 12, 2019AndroidHeadlines

Lenovo Smart Clock Alarm Now More Responsive To The Environment

The Lenovo Smart Clock is getting an update that allows for greater alarm customization. The update s... See more »
December 11, 2019Android Police

Not dethroning the Nest Hub any time soon

If you haven't already bought a smart display and you aren't skipping out over privacy concerns, you ... See more »
December 11, 2019Aadhu

New update for Lenovo's Smart Clock adds "Impromptu" alarms and other improvements

Lenovo's Smart Clock is a fairly interesting device that brings the Google Assistant into your bedsid... See more »
December 10, 2019VentureBeat

Lenovo Smart Clock adds an AI-powered, contextually aware alarm

The Lenovo Smart Clock now features Impromptu, an AI-powered alarm that's contextually sensitive to t... See more »
December 10, 2019WMPoweruser

Latest update for Lenovo Smart Clock brings machine learning-powered new alarm option

Lenovo Smart Clock is a Google Assistant-powered smart display that offers much more than an alarm cl... See more »

Lenovo Blogs

February 7, 2019Lenovo Blog

Raih Untung Berlipat Bersama Lenovo

Read More... See more »
February 7, 2019Lenovo Blog

Lenovo CNY

Read More... See more »
October 18, 2018Lenovo Blog

Lenovo Memperbaharui Subbrand Legion yang "Stylish on the Outside, Savage on the Inside"

Read More... See more »
October 18, 2018Lenovo Blog

Lenovo Menggabungkan Style dan Power pada Portfolio ThinkPad P Series

Read More... See more »
September 17, 2018Lenovo Blog

Con Lenovo y Aranda reduce tus costos, minimiza los riesgos y optimiza tus recursos

Con frecuencia se tiene la expectativa de que quien ocupa el rol de TI, conozca cada una de las m&aac... See more »
June 28, 2018Lenovo Blog

Team S.O.N.I.A - The future of an autonomous underwater vehicle

Inspiring story of an engineering club that uses innovative design to explore the ocean's depthsRead ... See more »
June 13, 2018Lenovo Blog

Building a Workstation: Beyond Components, Helping Users Stand Out in the Crowd

Lenovo launches its first 15-inch VR Ready mobile workstationRead More... See more »

Lenovo Press Releases

November 18, 2019WebWire

Lenovo and Schneider Electric Announce Strategic Partnership To Work on Smart Green Manufacturing

Lenovo Group �(HKSE: 992) (ADR: LNVGY) Today at Lenovo Tech World, the company's annual innovation ... See more »
November 12, 2019PRcom

IBM, Lenovo, HPE and Huawei Top ITIC 2019 Mid-Year Server Reliability Poll

IBM, Lenovo hardware up to 24x more reliable; 28x more economical vs. least reliable White box. For t... See more »
October 17, 2019EIN Presswire

Buy Lenovo Tablets, Desktops, Notebooks from Minnesota IT Contract Holder Nor-Tech

Nor-Tech, headquartered in Greater Minneapolis since 1998, is offering leading-edge Lenovo technology... See more »
October 9, 2019WebWire

Lenovo Software Delivers Cloud-Based Classroom Orchestration Platform for Windows and Macs

� Lenovo �(HKSE: 992) (ADR: LNVGY) today announced that its popular LanSchool Air cloud-based, cl... See more »
September 25, 2019Business Wire

ThinkPad Anniversary Sale starts October 7 in U.S. and Canada

RESEARCH TRIANGLE PARK, N.C.--(BUSINESS WIRE)--ThinkPad Anniversary Sale... See more »
September 19, 2019Newswire

Lenovo Connect Joins Zebra's PartnerConnect Program

See more »
September 6, 2019WebWire

ThinkBook Expands Portfolio for SMB Users Everywhere

Lenovo announced�at� Lenovo Tech Life, the new� ThinkBook �14 and 15 mainstream laptops desig... See more »

Lenovo Videos

June 7, 2019Lenovo Youtube Channel

"Saving the World's Coral Reefs, One Virtual Dive at a Time" on YOUTUBE

See more »
March 13, 2019Lenovo Youtube Channel

"Lenovo presents: Bear vs Box - Facebook Live" on YOUTUBE

See more »
February 24, 2019Lenovo Youtube Channel

"ThinkPad T490 360 Animation Tour" on YOUTUBE

See more »
February 24, 2019Lenovo Youtube Channel

"Technology transforming how we connect" on YOUTUBE

See more »
January 8, 2019Lenovo Youtube Channel

"Smart Tab P10 360 Animation Video" on YOUTUBE

See more »
November 21, 2018Lenovo Youtube Channel

"Lenovo Legion - Corey's Inner Savage" on YOUTUBE

See more »
September 26, 2018Lenovo Youtube Channel

"Lenovo USB-C Laptop Power Bank Training Video" on YOUTUBE

See more »

Social Statistics

Headquarters

1009 Think Place

Morrisville, North Carolina27560

1-866-968-4465

Driving Directions »

Trending Companies

Summary

ABOUT

Overview

Lenovo is a computer technology firm that manufactures and distributes personal computers, laptops, smartphones and accessories. Lenovo was founded in 1984. Lenovo's headquarters is located in Morrisville, North Carolina, USA 27560. It has raised 242....

CEO

Lenovo's Chairman & CEO, Yang Yuanqing, currently has an approval rating of 67%. Lenovo's primary competitors are HP, Dell & Apple.

Website

lenovo.com

Frequently Asked Questions about Lenovo

  1. When was Lenovo founded?

    Lenovo was founded in 1984

  2. Who is Lenovo's CEO?

    Lenovo's CEO is Yang Yuanqing

  3. How much revenue does Lenovo generate?

    Lenovo generates $49.7B in revenue

  4. How much funding does Lenovo have?

    Lenovo has historically raised $242M in funding

  5. Where is Lenovo's headquarters?

    Lenovo's headquarters is in Morrisville North Carolina, USA

  1. How many employees does Lenovo have?

    Lenovo has 57,000 employees

  2. What sector does Lenovo operate in?

    Lenovo is in Electronic Equipment, Technology Hardware, Peripherals

  3. Who are Lenovo's competitors?

    Lenovo's top competitors are HP, Dell, Apple

  4. Who has Lenovo invested in?

    Lenovo's has invested in companies such as Vincross, CLEARink Displays, Aibee
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