Liǔ Chuánzhì is a Chinese businessman and inspiring entrepreneur. Liu is the Founder of Lenovo, the largest computer maker in The world, At age 76 years Also He remains the leaders of the company.
Liǔ Chuánzhì was born on 29 April 1944 in Shanghai. childhood was normal Like middle class family, After graduating from High school in 1962 Liu applied To be a military pilot and passed all the associated exams. Despite his father’s Revolutionary Credentials, He was declared unfit for military service because a Relative had been denounced as a rightist. In the same year, Liu entered the People’s Liberation Army Institute of Telecommunication Engineering, now Known as Xidian University. Due to His political and class background, Liu was Deemed unsuitable for such sensitive subjects and assigned to study radar. During His studies Liu chuanzhi got an introduction about computing, and the Era was started.
After that Liǔ Chuánzhì became engineer-administrator at the Computer Institute there he had developed the Number 104, Number 109, and Number 111 mainframe computers. Liu worked on the development of the Number 757 Mainframe computer. After resigning his job he started a company called ” LEGEND GROUP. Liǔ Chuánzhì came up with the idea of starting a Computer Company. Liu’s superior at the academy gave him and 10 other staff members A loan of 200,000 yuan (about $24,000 in U.S. currency) to start the enterprise In 1984. He started importing business for television it was failed after that New invention idea- digital watch it was also failed. In early 1985 Liǔ Chuánzhì and his team developed a computer Magnificent circuits board And sold with IBM. LEGEND GROUP was growing up so he had opened a Office in Hongkong and Took distribution from Hewlett packard and Toshiba Computers. after 2 year in 1990 he started a own computer which was New Invention in china- In 1990s, Chinese language was difficult to translate on a Keyboard, owing to the vast number of Characters. LEGEND GROUP Developed a Chinese character set for computers and stated to produce PCs For the customer, it Also began to develop technology that provided character Recognition of the Chinese language. By the ending 1990 Legend Had Produced a Chinese character recognizer for the PC, which allowed users to Write Chinese characters on a digital pad and Translate the characters onto a Computer screen. After 4years in 1994 LEGEND GROUP became a publicly Traded company After listing in hongkong Exchanges and Clearing Limited With nearly US$30 million.
IN 2002 LEGEND GROUP started making mobile phones after 1 year Liǔ Chuánzhì had replace the company name with LENOVO GROUP LIMITED to Competite DELL computer company
LENOVO GROUP LIMITED become a world largest personal computer vendor From 2013
