ThinkPad past several years." Although Lenovo acquired the right to use the IBM brand name for five years after its acquisition of IBM's personal computer business, Lenovo only used it for three years. The majority of ThinkPad computers since the 2005 acquisition of the brand by Lenovo have been made in China. In addition to these Chinese manufacturing facilities, Lenovo employs 300 people at a combined manufacturing and distribution center near its American headquarters in Morrisville, North Carolina. Each device made in this facility "is packed in a box that sports a red-white-and-blue sticker proclaiming "Whitsett, North Carolina." In 2012, Lenovo
Lenovo June 2015, Lenovo announced plans to sell up to US$650 million in five-year bonds denominated in Chinese yuan. The bonds will be sold in Hong Kong with coupon ranging from 4.95% to 5.05%. This is only the second sale of bonds in Lenovo's history. Financial commentators noted that Lenovo was paying a premium to list the bonds in yuan given relatively low costs for borrowing in American dollars. The Tianxi computer was designed to make it easy for inexperienced Chinese consumers to use computers and access the Internet. One of its most important features was a button that instantly connected