Lenovo third-largest computer maker worldwide by volume. In regards to the purchase of IBM's personal computer division, Liu Chuanzhi said, "We benefited in three ways from the IBM acquisition. We got the ThinkPad brand, IBM's more advanced PC manufacturing technology and the company's international resources, such as its global sales channels and operation teams. These three elements have shored up our sales revenue in the past several years." IBM acquired an 18.9% shareholding in Lenovo in 2005 as part of Lenovo's purchase of IBM's personal computing division. Since then, IBM has steadily reduced its holdings of Lenovo stock. In July 2008,
Lenovo Skylight Lenovo Skylight Lenovo Skylight was a small portable computer with mobile data capabilities (sometimes called a smartbook) designed by Lenovo. The project was announced in January 2010, but was cancelled less than six months later. Qualcomm was rumored to announce a smartbook at an analyst meeting on November 12, 2009. A Lenovo device concept was shown, and reported that it would be announced officially at the Consumer Electronics Show of January 2010. The Lenovo device was expected to be sold through AT&T carrier in the US. A Lenovo device was submitted to the FCC earlier in October, rumored to be