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,
ThinkPad X series 3.20 GHz) with 4 GB of RAM (up to 8 GB), SATA SSD or hard drive, Intel Integrated HD Graphics, USB 3.0, backlit keyboard, 802.11 b/g/n WiFi and an average of eight hours of battery life. The battery is internal and not removable, and there is no optical drive. The ThinkPad X1 laptop was released by Lenovo in May 2011. Notebook Review offered a positive opinion of the ThinkPad X1, saying that it was “A powerful notebook that combines the durability and features of a business-class ThinkPad with the style of a consumer laptop.” A 13.3" X1 ThinkPad was announced