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Entries in Lenovo (4)

Wednesday
Oct032012

Lenovo to Start Making Computers and Tablets in the US

Lenovo(MORRISVILLE, N.C.) -- While many PC companies have their headquarters in the U.S. -- HP, Apple and Dell, for example -- they build the computers overseas, primarily in China. Lenovo is going the other way, creating a PC production line in the U.S.

After two decides of making computers and other gadgets overseas, Lenovo will start making hardware in early 2013 in Whitsett, N.C., near the company's U.S. headquarters.

"I am very excited about this for two reasons," David Schmoock, president of Lenovo North America, told ABC News. "The first is that this is the right time to bring manufacturing back to the U.S. The second is that we will be able to provide something different than what our competitors do."

Lenovo will make some of its newest products at the new assembly line, including the ThinkCentre M92p desktop and the ThinkPad Tablet 2 with Windows 8. While many of the core components -- RAM, hard drives, displays, etc. -- in the laptop will be made overseas, Schmoock said the company is hoping to source more components locally over time.

"We believe local manufacturing is a strategic advantage and we want to do as much local sourcing as we can too," he said in an interview.

The manufacturing line is in the process of being built and is scheduled to open its doors in January 2013. The company will begin hiring for the 115 manufacturing jobs later this year, but Schmoock says that is just the start for the jobs this could create.

"I am bullish on this and I expect that it will grow over time. This is just the first phase."

Copyright 2012 ABC News Radio

Wednesday
Aug082012

ThinkPad Celebrates 20 Years, Announces Windows 8 ThinkPad Tablet 2

Lenovo(NEW YORK) -- The year was 1992. Bill Clinton was elected president. Charles and Diana had separated. And the first ThinkPad laptop was released by IBM.

Twenty years have passed now and a lot has changed. But in the world of technology, the ThinkPad brand is still kicking. And to celebrate its birthday Lenovo, which acquired the ThinkPad brand in 2005 from IBM, is releasing some new products.

"This is the tablet everyone is waiting for," Dilip Bhatia, vice president and general manager of the ThinkPad business unit, said as he showed the ThinkPad Tablet 2. The ThinkPad Tablet 2 runs Windows 8 and will be coming out at the end of October when Windows 8 is finally out.

The tablet is aimed, like most ThinkPads, at the professional set. It has a 10.1-inch screen and while it's only 9.8 mm thick it still has room for a full USB port on its edge. Inside it has a brand new Intel Atom processor and runs Windows 8 Pro, so it will be able to run all older Windows applications. (Windows 8 tablets based on ARM processors will only run new apps made for Windows 8).

But while the tablet has a lot of new features, it has one that has been a staple of ThinkPad tablets for years: a stylus. Hidden along the left edge is a digital pen with a red top. You will be able to take notes on the tablet using the pen but also then dock the tablet into a keyboard that will be available separately.

It seems like a strong entry, but there will be lots of Windows 8 tablets in October, including two from Microsoft itself. Bhatia says is he is nevertheless confident in the second-generation tablet (there was an Android version released last year) and not worried about Microsoft's Surface.

"Microsoft is a strategic partner for us. The Surface has brought more excitement to the marketplace. The ThinkPad tablet is focused after the business individual; the Surface is more geared towards the consumer offering," he said.

In addition to the ThinkPad Tablet 2, Lenovo just started stocking shelves with a new ultrabook -- the ThinkPad Carbon X1. The thin, light laptop has the traditional Thinkpad look and feel but has some firsts.

"It's built of carbon fiber, the same material you find in a Dreamliner airplane that allows it to get better fuel efficiency savings. It's very tough," Bhatia said.

On top of that it has a new keyboard and trackpad that's coated in a rubberlike material. It's also the lightest 14-inch laptop on the market. It starts at $1,299 and while it runs Windows 7 now, it is Windows 8 ready and will only cost $14.99 to upgrade at the end of October.

Lenovo isn't commenting on the price of the ThinkPad Tablet 2, but one can guess it will be a lot less than the first ThinkPad, which cost $4,350.

Copyright 2012 ABC News Radio

Monday
Jul232012

CEO of Lenovo Gives $3 Million in Bonuses to Employees

Lenovo(NEW YORK) -- Lenovo CEO Yang Yuanqing has decided to use a $3 million bonus he received for the company’s record-setting year to reward thousands of the company’s rank-and-file employees.

The 47-year-old gave around 10,000 employees worldwide bonus checks for their hard work, Lenovo spokesman Jeffrey Shafer said.

The computer company announced its fourth quarter earnings in May. According to a press release, net profit for the company rose 73 percent year over year. The brand’s global PC sales rose by 35 percent year over year.

The employees, who worked in different areas of the company -- from manufacturing to administration to other non-management positions, each received around $300 as a part of Yuanqing’s generosity.

“We ended the year as the number two PC maker,” Shafer said. “Yuanqing felt that he was rewarded well simply as the owner of the company," said Shafer, who noted Yuanqing owns about 8 percent of the company.

Shafer said the CEO felt like it was the right thing to do to, “redirect [the money] to the employees as a real tangible gesture” for their efforts.

Copyright 2012 ABC News Radio

Thursday
Jan272011

Two PC Giants to Merge Operations in Japan

Photo Courtesy - Getty Images(TOKYO) – Two of the world’s largest personal computer makers will form a joint venture in Japan in a deal they hope will help expand distribution, reports the BBC.

Japan’s NEC and China’s Lenovo will form NEC Lenovo Japan Group, with Lenovo receiving a 51-percent stake in the new company.

Hideyo Takasu, the current president of NEC Personal Products, will be president and CEO of the company with Lenovo’s current president, Roderick Lappin, taking the job of executive chairman.

The deal is expected to be finalized by June 30.
 
Copyright 2011 ABC News Radio







ABC News Radio