History of personal computers first common in high end systems, servers and workstations, and then gradually replaced 32-bit processors in consumer desktop and laptop systems since about 2005. In 2004, IBM announced the proposed sale of its PC business to Chinese computer maker Lenovo Group, which is partially owned by the Chinese government, for US$650 million in cash and $600 million US in Lenovo stock. The deal was approved by the Committee on Foreign Investment in the United States in March 2005, and completed in May 2005. IBM will have a 19% stake in Lenovo, which will move its headquarters to New York State
Lenovo 3000 Lenovo 3000 Lenovo 3000 was a line of low-priced notebook and desktop computers designed by Lenovo Group targeting small businesses and individuals. It was replaced with the IdeaCentre and IdeaPad brands. The Lenovo 3000 series marked the debut of Lenovo branded products outside of China. First showcased in New York City on 23 February 2006, the line was intended to boost Lenovo's competitiveness internationally against rival brands like Dell and Hewlett-Packard. In addition, the 3000 series gave the company an independent identity: an identity separate from the Thinkpad line that Lenovo acquired in 2005 and defined its Westernised image since