Lenovo sells its products in around 160 countries. Lenovo's principal facilities are in Beijing and Morrisville, with research centers in Beijing, Shanghai, Shenzhen, Xiamen, Chengdu, Nanjing, and Wuhan in China, Yamato in Kanagawa Prefecture, Japan, and Morrisville in the U.S. It also has a joint venture with NEC, Lenovo NEC Holdings, which produces personal computers for the Japanese market. Lenovo was founded in Beijing in November 1984 as Legend and was incorporated in Hong Kong in 1988. Lenovo acquired IBM's personal computer business in 2005 and agreed to acquire its Intel-based server business in 2014. Lenovo entered the smartphone market in
ThinkPad due to their durable design, relatively high resale value, and abundance of aftermarket replacement parts. ThinkPads have received a somewhat cult following and a small but loyal fanbase throughout the years. "Laptop Magazine" in 2006 called the ThinkPad the highest-quality laptop computer keyboard available. It was ranked first in reliability and support in PC Magazine's 2007 Survey. The Lenovo ThinkPad was the PC Magazine 2006 Reader's Choice for PC based laptops, and ranked number 1 in Support for PC based laptops. The ThinkPad Series was the first product to receive PC World's Hall of Fame award. The Enderle Group's Rob