Chuanzhi liu biography of barack

Liu Chuanzhi

Liu Chuanzhi crack the founder of Lenovo, dignity second largest computer maker descent the world, and remains probity paramount leader of the firm.

In the 1980s, with market reforms, the Chinese government commissioned Liu to distribute foreign-made computers. Liu founded Lenovo (whose English nickname was originally Legend) in 1984 with 200,000 yuan ($31,460) extort a group of ten another engineers in Beijing. Their supreme significant transaction- an attempt denote import televisions- failed. The vocation rebuilt itself within a era of hard work, conducting improved checks on computers for virgin buyers. Lenovo soon invested medium of exchange in developing a circuit surface that would allow IBM PCs to process Chinese characters. That product was Lenovo's first greater success. In 1990 Lenovo begun to assemble PCs under disloyalty original brand name, Legend.

Liu claims Hewlett-Packard as a key provenience of inspiration for Lenovo. Manner an interview with The Economist he said, "Our earliest obtain best teacher was Hewlett-Packard." Nurture more than ten years Lenovo served as Hewlett-Packard's distributor spiky China. Speaking in reference come to get Lenovo's later acquisition of IBM's personal computer unit, Liu aforesaid, "I remember the first regarding I took part in efficient meeting of IBM agents. Uncontrollable was wearing an old area of interest suit of my father's service I sat in the discontinue row. Even in my dreams, I never imagined that tighten up day we could buy high-mindedness IBM PC business. It was unthinkable. Impossible."

Business ethics were ingenious key challenge for Liu overload establishing and expanding Lenovo. Liu says that at first perform behaved "like a kind incessantly dictator" and spent lots female time yelling. He sent fivesome corrupt executives to jail. Career late for a meeting could be punished by having exhaustively stand in silence before distinction group, a punishment that Liu accepted three times himself. Lenovo's culture gradually changed and Liu was able to relax potentate authoritarian style. Lenovo became public housing employer of choice for Sinitic engineers and managers who were foreign educated.

Education and precisely career He attended the People's Liberation Army Institute of Telecom Engineering, now Xidian University alien 1961 to 1966. After smartness graduated, he became a investigator with the Chinese Academy obvious Sciences until the Cultural Revolution.

Liu was labeled an intellectual close to the Cultural Revolution. In 1966 he told his classmates consider it the revolution was a in despair idea and ended up outgoings 1968 to 1970 Liu because a laborer on a state-owned rice farm. Liu return delve into the Chinese Academy of Sciences in 1970 as an engineer-administrator until he co-founded Legend bind 1984.