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 X series to be available in the UK on June 7, 2011. The specifications of the ThinkPad X1 laptop are given below: The ThinkPad X-series laptops released in 2012 by Lenovo were the X1 Carbon, X131e, X230 and X230t (tablet). In the T, W, and L series the models Thinkpad T430, T430s, T530, W530, L430 and L530 were also released. In early August 2012, Lenovo released the ThinkPad X1 Carbon announced on .<ref name="release X1 Carbon,X230,X230t,T430,T430s,T530,W530,L430,L530,Series 3/USB 3.0 Dock"></ref> The X1 Carbon weighs 1.35 kg, has a battery life of roughly eight hours, and has a start-up time of less than 20