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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

73/100

OVERVIEW

Founded:

1984

Headquarters:

Morrisville, North Carolina
Research Triangle

Status:

PublicHong Kong Stock Exchange0992

Industry Sector:

Technology Hardware,
Computers, Peripherals, Networking and Electronic Equipment

SIC Code:

3572NAICS listing »

3577NAICS listing »

3576NAICS listing »

3575NAICS listing »

3600NAICS listing »

Top Competitors or Alternatives

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Competitor - 1/1

Is Acer a competitor of Lenovo?

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Trending News for Lenovo and Lenovo's Competitors

May 25, 2020

Good Returns

Samsung Galaxy M01, Galaxy M11 India Launch Date Revealed

Samsung is gearing up to launch new smartphones in the affordable entry-level and mid-range market se... See more »

May 25, 2020

PhoneArena

Sony Xperia 1 II 5G is official; pre-orders for the $1,200 phone begin June 1st

Last week we told you that (pronounced the One, Two) at a price of $1,198. B&H quickly stopped the pr... See more »

May 25, 2020

OptoCrypto

Dell Precision 5550 and 5750 workstations updated with 10th generation Intel core processors

Dell Precision 5550 and 5750 workstations receives a major refresh. Dell has updated its Precision 30... 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 Computers, Peripherals, Networking and Electronic Equipment field. HP generates 108% 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 Technology Hardware industry. Dell generates 167% 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 Computers, Peripherals, Networking and 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
$54.2B
1

Enrique Lores

President & CEO

76/100
55,000
$538
$58.7B
2

Michael S. Dell

Chairman & CEO

61/100
170,000
- -
$90.8B
3

Timothy Cook

CEO

84/100
132,000
$1B
$268B
4

Samson Hu

Co-CEO

61/100
5,667
- -
$10.5B
5

Jason Chen

Chairman & CEO

64/100
7,305
- -
$7.8B
6

Kenichiro Yoshida

President & CEO

62/100
114,400
- -
$82.6B
7

Satya Nadella

CEO

81/100
144,000
$61M
$138.7B
8

Kinam Kim

President & CEO

64/100
309,630
- -
$199B
9

Nobuaki Kurumatani

Chairman & CEO

64/100
128,697
$6B
$32.3B
10

Bong Seok Kwon

CEO

78/100
40,110
$748.8M
$52.7B
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 7th among it's top 10 competitors. The top 10 competitors average 105,800.

Quarterly and Annual Revenue

Trailing 12-Months Trend (TTM)

Annual Revenue

$54.2B

Lenovo's revenue is the ranked 7th among it's top 10 competitors. The top 10 competitors average 90.5B. Over the last three quarters, Lenovo's revenue has grown by 12.6%. Specifically, in Q4 2019's revenue was $14.1B; in Q3 2019, it was $13.5B; in Q2 2019, it was $12.5B.

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

4Paradigm provides precision marketing, sales forecasting and content recommendation solutions for finance, healthcare and manufacturing sectors.
$230M
Apr 01, 2020
Equity
-
Unity Drive develops and manufactures autonomous driving vehicles for the transportation sector.
-
Feb 10, 2020
Seed
-
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
-

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

May 25, 2020Network World

Lenovo doubles down on AMD support, adds liquid GPU cooling

Last year, Lenovo Data Center Group (DCG) announced single-socket ThinkSystem servers using the AMD R... See more »
May 24, 2020Yuga Tech

Lenovo Yoga C940 Hands On

The Lenovo Yoga C940 is part of the brand's premium line of convertible laptops that offers mobility ... See more »
May 23, 2020Aadhu

Lenovo Yoga C640 unboxing and first impressions

Announced at IFA 2019, Lenovo's Yoga C640 is the entry level to the company's Yoga lineup. The model ... See more »
May 22, 2020Windows Phone Central

Where's the best place to buy Lenovo laptop chargers?

Best answer: The best place to buy laptop chargers for Lenovo products is from Lenovo itself, as the ... See more »
May 22, 2020Liliputing

14 inch Lenovo IdeaPad Slim 7 with Ryzen 7 4700U now available for $900

The Lenovo IdeaPad Slim 7 is a thin and light 14 inch laptop with an AMD Ryzen 4000 series processor.... See more »
May 22, 2020BizTech Magazine

The New Lenovo ThinkPad X1 Carbon Is Designed to Delight Remote Workers

Business users working from home or on the road must normally decide between power and portability wh... See more »
May 22, 2020Equipment Finance Advisor

CIT, Lenovo Extend Financial Services Program for U.S.

CIT Group Inc. and Lenovo announced a three-year program extension to their Lenovo Financial Services... 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

February 11, 2020Business Press 24

COMM-TEC is the new distributor for Lenovo ThinkSmart solutions

COMM-TEC GmbH is now expanding its portfolio in the area of collaboration and UCC with the innovative... See more »
January 23, 2020WebWire

Lenovo Featured on Bloomberg and Human Rights Campaign Foundation Equality Indexes

Lenovo has been named �to the� 2020 Bloomberg Gender Equality Index (GEI) �and received a perfe... See more »
January 22, 2020WebWire

Lenovo Recognized in Fortune's 2020 List of World's Most Admired Companies

Lenovo has been named among FORTUNE Magazine's� World's Most Admired Companies. The list ranks glob... See more »
January 3, 2020WebWire

Interconnected Lenovo ThinkSmart Devices Driving New Smart Office Landscape

Lenovo announced new additions to its ThinkSmart portfolio, designed to transform business communicat... See more »
January 3, 2020StreetInsider

NEC Personal Computers Makes Three Flagship Devices Available in the US Market

LAS VEGAS, Jan. 3, 2020 /PRNewswire/Â --Â NEC Personal Computers, Ltd., a joint venture company of Le... See more »
December 20, 2019Accesswire

Lenovo Renews Exclusive Parts Support Agreement with Encompass

Deal comprises parts for post-warranty repairs of popular Idea and Think computer brands LAWRENCEVILL... See more »
December 19, 2019Business Wire

Lenovo Wraps up the Holidays With an End of the Year Sale Starting December 23

RESEARCH TRIANGLE PARK, N.C.--(BUSINESS WIRE)--Lenovo's popular End of the Year Sale - featuring some... See more »

Lenovo Videos

August 22, 2019Lenovo Youtube Channel

"How Ducati is using Lenovo Tech On and Off the Track" on YOUTUBE

See more »
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 »

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 73%. 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 $54.2B 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 Technology Hardware, Computers, Peripherals, Networking and Electronic Equipment

  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 4Paradigm, UDI, Vincross
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