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Lenovo: an example of globalization of Chinese enterprises

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  1. See Lenovo's home page:

  2. Mr. Liu's presentation in Chinese was translated into English by his assistant, Mr. Jason Zhou.

  3. Yuanqing Yang was quoted as saying: ‘We are now entering into a new phase, a profitable growth phase, and our board wants to see more aggressive growth in this period… Mr. Amelio has the perfect background to lead us on the path to profitable growth’ (Zhang and Sellami, 2006).

  4. In March 2006, as part of its restructuring plans to reduce costs, Lenovo reduced its workforce by 5%, that is, approximately 1000 jobs (New York Times, 2006).

  5. In May 2006, because of national security concerns, the US State Department announced that it would not use the 16,000 computers it bought from Lenovo for classified work.

  6. Lenovo's net profits for the 3 months ending on 30 June 2006 fell 87%, including a $19 million write-off for laying off 1000 workers in March (Lee, 2006).


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Liu, C. Lenovo: an example of globalization of Chinese enterprises. J Int Bus Stud 38, 573–577 (2007).

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