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PEOPLE & POINTS
Weekly Watch> WEEKLY WATCH NO. 46, 2010> PEOPLE & POINTS
UPDATED: November 12, 2010 NO. 46 NOVEMBER 18, 2010
Outstanding Entrepreneur
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Liu Chuanzhi, Board Chairman of China's largest PC maker Lenovo Group, has received the 2010 Entrepreneur for the World Award in the Entrepreneur category of the World Entrepreneurship Forum.

The World Entrepreneurship Forum is the first global think tank dedicated to entrepreneurs and creators of wealth and social justice.

Liu showed his ability in building his career, quality as a leader and his global vision, and Lenovo was a perfect representative of Chinese corporations experiencing an international boom, said judges.

Liu, 66, created Lenovo in 1984, along with 10 other engineers in Beijing, with 200,000 yuan ($29,412.) Under Liu's leadership, Lenovo, which was originally known as Legend, rose from a small start-up to become the leading PC company in China and then a global company. In 2005, Lenovo acquired IBM's Personal Computing Division. Today, Lenovo is the fourth largest PC manufacturer worldwide with a total income of $16 billion in 2009.



 
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