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Lenovo logo atached to a Lenovo server
by WRAL TechWire — January 27, 2022
MORRISVILLE – Lenovo, the world’s top producer of PCs, reportedly is getting into the semiconductor business as the world continues to fight a shortage of chips to help power devices from computers to motor vehicles.
China-based news site Pandaily reported Thursday that Lenovo has established a semiconductor company in Shanghai under the name Dingdao Zhixin (Shanghai) Semiconductor Co., Ltd.
The firm is “100% controlled” by Lenovo, Pandaily said, citing information from “business inquiry platform Qichacha.”
WRAL TechWire has reached out to Lenovo for comment.
The demand for semiconductors is a global challenge with some US companies down to a five-day supply, according to a US government report earlier this week.
Chip shortage worsens: Some manufacturers have less than 5 days’ supply
The company’s “business scope covers the design and sales of integrated circuits and businesses in the field of semiconductor technology,” Pandaily added.
Jia Zhaohui, a senior vice president of Lenovo Group, is the legal representative for the firm, the report noted.
Lenovo’s Chipmaking Confirmed With Establishment of Semiconductor Subsidiary
Lenovo maintains two headquarters – one in Morrisville, the other in Beijing. Its stock is traded on the Shanghai exchange.
A move into semiconductors would add more versatility to the company, which under CEO and Chair Yang Yuanqing has strived for years to diversify from reliance on PCs.
Lenovo is a global leader in servers, supercomputers, services related to all things smart/internet, and is a global manufacturer of smartphones.
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