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Liu Chuanzhi (simplified Chinese: 柳传志; traditional Chinese: 柳傳志; pinyin: Liǔ Chuánzhì; born 29 April 1944) is a Chinese entrepreneur. Liu is the founder of Lenovo , the world's largest personal computer vendor by unit sales.
May 10, 2010 · Liu Chuanzhi and Lenovo have been at the forefront of that quest. With Liu at the helm, Lenovo became China’s first truly multinational corporation after its $1.75 billion acquisition of...
- Early Hardships
- Starting A Computer Company
- Studying American Companies
- Keeping A Competitive Edge
Liu grew up during a turbulent period in China's history. His father had served as an executive with the Bank of China in Shanghai and worked secretly with the Chinese Communists before the party took control of the city in 1949. Liu enrolled at the Xian Military Communication Engineering College in 1961. He graduated in 1966 after specializing in ...
Although Mao's successor, Deng Xiaoping, established various economic reforms during the early 1980s, Chinese entrepreneurs found it difficult to establish companies in their homeland. Nevertheless, the Chinese Academy of Sciences ran low on funds, and Liu came up with the idea of starting a computer company. Liu's superior at the academy gave him ...
Legend's staff was not comprised of experienced businessmen, which made the firm's early years a somewhat bumpy ride for Liu and others involved. "We were mainly scientists and didn't understand the market," Liu said. "We just learned by trial-and-error, which was very interesting—but also very dangerous" (June 13, 1997). Liu learned business on th...
By 1996 Legend had surpassed IBM for China's market share in computer sales and retained that lead even at the start of the new century. Liu ensured that his company would remain on top of the market by introducing innovations. Legend was one of the first Chinese companies to offer its employees stock options, and Liu promoted talented young people...
40 years on: the story of Lenovo's founder. CGTN is funded in whole or in part by the Chinese government. Liu Chuanzhi has been hailed as one of the most influential business leaders in China....
- 6 min
- 857
- CGTN
Jul 4, 2010 · When Liu Chuanzhi is asked to pose for the photographer, the founder and chairman of Lenovo becomes impatient. The 66-year-old stiffens as an aide jumps forward to smooth his hair ruffled by...
Dec 27, 2019 · Here are five key things to know about Liu as he steps down from Legend: Why is Liu’s retirement getting so much attention inside China? In short, knowing about Liu helps one understand China’s community of entrepreneurs.
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