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The company was incorporated in Hong Kong in 1988 and would grow to be the largest PC company in China. Legend Holdings changed its name to Lenovo in 2004 and, in 2005, acquired the former Personal Computer Division of IBM, the company that invented the PC industry in 1981. Generally speaking, Dell are the better choice if you have more cash to spare. But for those on a tighter budget, then Lenovo are the better choice, as they provide a more cost effective option. Dell can be expensive, so Lenovo might prove better for those without the same budget