ThinkPad flex, stainless steel hinges, a biometric fingerprint reader, Client Security Solution, which improves security using a built-in Trusted Platform Module (TPM) and facilitates deployment in corporate environment, the ThinkVantage Technologies suite of computer management applications, and drain holes to help reduce damage to the keyboard and components from accidental spillage. The original design concept of ThinkPad was created in 1990 by Italy-based designer Richard Sapper, a corporate design consultant of IBM and, since 2005, Lenovo. Sapper is noted for the design of classic products such as the Tizio lamp for Artemide, office chair for Knoll, kitchenwares for Alessi and ballpoint
Lenovo companies said in a statement that they would establish a new company called Lenovo NEC Holdings, to be registered in the Netherlands. NEC received US$175 million in Lenovo stock. Lenovo was to own a 51% stake in the joint venture, while NEC would have 49%. Lenovo has a five-year option to expand its stake in the joint venture. This joint venture was intended to boost Lenovo's worldwide sales by expanding its presence in Japan, a key market for personal computers. NEC spun off its personal computer business into the joint venture. As of 2010, NEC controlled about 20% of Japan's