ThinkPad past several years." Although Lenovo acquired the right to use the IBM brand name for five years after its acquisition of IBM's personal computer business, Lenovo only used it for three years. The majority of ThinkPad computers since the 2005 acquisition of the brand by Lenovo have been made in China. In addition to these Chinese manufacturing facilities, Lenovo employs 300 people at a combined manufacturing and distribution center near its American headquarters in Morrisville, North Carolina. Each device made in this facility "is packed in a box that sports a red-white-and-blue sticker proclaiming "Whitsett, North Carolina." In 2012, Lenovo
Lenovo United States for the first time. Lenovo is the world's largest personal computer vendor by unit sales from 2013 to 2015. In 2016 Lenovo shipped an estimated 55.5 million PCs, for an estimated 21.3% market share, according to market research firm International Data Corporation. For the fiscal year ending March 2016, the company reported revenue of USD$44.9 billion. The company's expansion was boosted in part by a joint venture with NEC in Japan called Lenovo NEC Holdings. Lenovo was able to reclaim its top spot in PC market share 2018. In 2009, China Oceanwide Holdings Group, a private investment firm