The Legend Group was founded on November 14, 1984 by a group of eleven engineers, headed by Liu Chuanzhi, in Zhongguancun, Beijing. Originally known as Legend Group Ltd and New Technology Developer Incorporated.
The name of the company was changed from Legend to Lenovo because it conflicted with other trademarks registered in the West. "Lenovo" is a portmanteau of "Le-" (from Legend) and "novo", pseudo-Latin for "new". The Chinese name means "association" or "connected thinking" but can also imply creativity.
After 14 years' development, Lenovo is China's largest and the world's fourth largest personal computer manufacturer, after Hewlett-Packard and Dell of the U.S. and Acer of Taiwan. The company produces desktops, laptops, servers, handheld computers, imaging equipment, and mobile phone handsets. Lenovo also provides information technology integration and support services, and its QDI unit offers contract manufacturing.
Originally Posted: China Business Daily
Author: Angulo Fu