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 Yoga ThinkPad Yoga The ThinkPad Yoga is a 2-in-1 convertible tablet from Lenovo unveiled in September at the 2013 IFA in Berlin, Germany. It was released in the United States in November 2013. The ThinkPad Yoga has a "backlit" keyboard that flattens when flipped into tablet mode. This is accomplished with a platform surrounding the keys rises until level with the keyboard buttons, a locking mechanism that prevents key presses, and feet that pop out to prevent the keyboard from directly resting on flat surfaces. Lenovo implemented this design in response to complaints about its earlier Yoga 13 and 11 models