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  5. Lenovo Group Moving HQ To Armonk: Page 2 of 2
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Lenovo Group Moving HQ To Armonk: Page 2 of 2

China's Lenovo Group, which recently bought a majority stake in IBM's PC operation, is moving its headquarters to Big Blue's hometown of Armonk, N.Y.
December 29, 2004

At the time, the fear stemmed from the Communist Soviet Union and its nuclear weapons arsenal--China hadn't yet exploded an atomic bomb.

Levono began as a state-owned company, and still is partly owned by the government of China. But the company today is largely what could be termed a capitalist operation with shares listed on the Hong Kong stock exchange.

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