00:00Hello everyone and welcome back to another episode. Today we are going to learn the story
00:04of Lenovo, one of the biggest computer manufacturers in the world. But before we get started with
00:09the video, make sure to subscribe to my channel so you can be notified whenever I upload a
00:14new video like this one. And if you enjoy this kind of content, you should definitely
00:19consider following me on social media where I share interesting business ideas and news
00:24like this every single day. You can find the link to my social media account in the description
00:29below. And with that being said, let's begin. So let's start off with a quick history lesson
00:35about the company. Lenovo is a Chinese multinational technology company headquartered in Beijing,
00:41China. It was founded in November of 1984 as Legend Holdings Limited in Beijing. The company
00:47was established with an initial capital investment of around 200,000 yuan or 27,000 US dollars
00:55and had only 16 employees in its first year of operation. Despite its humble beginnings,
01:01Lenovo quickly grew into one of the most successful technology companies in China.
01:05The name Lenovo was chosen through a company-wide naming competition in 1990. The word Lenovo means
01:11to think in Latin. This reflects the company's commitment to innovation and customer focus.
01:18Since then, Lenovo has grown to become one of the most successful technology companies in the world.
01:22Today, the company has over 75,000 employees and its products are sold in more than 180 countries
01:30and regions around the globe.
