IBM loss - at the time the biggest in American corporate history. Lou Gerstner was hired as CEO from RJR Nabisco to turn the company around. In 2002, IBM acquired PwC consulting, and in 2003 it initiated a project to redefine company values, hosting a three-day online discussion of key business issues with 50,000 employees. The result was three values: "Dedication to every client's success", "Innovation that matters—for our company and for the world", and "Trust and personal responsibility in all relationships". In 2005, the company sold its personal computer business to Chinese technology company Lenovo and, in 2009, it acquired
ThinkPad X1 Carbon ThinkPad X1 Carbon The ThinkPad X1 Carbon is a high-end 14-inch notebook computer released by Lenovo in 2012 and updated every year since 2014. The ThinkPad X1 Carbon Touch featured a multitouch enabled screen in order to take more effective advantage of Microsoft's touch-optimized Windows 8, Windows 8.1, and Windows 10 operating systems. In early August 2012, Lenovo released the ThinkPad X1 Carbon as the successor to the earlier ThinkPad X1. The X1 Carbon was first released in China due to the popularity of ThinkPads in that market. In November 2012, Lenovo announced a touch-screen variant called the ThinkPad X1