The computer giant will continue as an enterprise supplier while a second company will contain the PC and printer businesses.
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The company says its 27-inch curved LCD display provides a more immersive viewing experience for PC gaming and video streaming.
Lenovo believes the company still has a place in the PC market, and says the acquisition of IBM's x86 server business will play a role in helping it grow in that space.
The new notebooks are the first introduced since the company announced it was shifting its PC focus away from consumers.
John Akers, who had died aged 79, was CEO and president of IBM when the company lost control of the PC business, and made the biggest annual loss in its history.
Everyone knows the PC market has been in decline for the past few years. But one segment of that market is doing spectacularly well, and one company has managed to carve out enviable sales and profits by dominating that niche. Guess who?
The next couple of years will be crucial for Microsoft, but I believe that the company has what it takes to surprise us, and that it still has a good chance of transforming itself into a company that can rise to the challenges and changes thrown up by the post PC era.
Korean company moves focus to mobile in wake of declining PC market.
Guy who founded the "mail-order" PC business took the company private because investors wouldn't let him "be bold and take risks", and the reasons Dell went public in the first place no longer mattered.
The PC business didn't suck nearly as bad as feared and HP's first quarter benefited. The company saw strong enterprise demand for PCs as Windows XP systems are tossed.
Sony is in talks with an investment company about selling its Vaio PC business.
The boutique PC company hedges its bets with a hybrid Steam Machine that starts at $1,899.
The company joins the tabletop PC crowd with the $779 21.5-inch system.
How will HP remain relevant in a technology world that is increasingly moving on without it? The inability of executives to talk off-script about future strategy left me thinking the company is thinking too short-term to dig its way out of the PC and printing morass.
Toshiba has published an infographic to celebrate sales of 10 million laptops in the UK and Ireland, so you may well own one, though perhaps it's one you no longer use. Now, with the decline of the PC market, the company is focusing more on growth markets such as healthcare and its nuclear power business.
The king of the PC market wants to get his company back so he can move it forward into a new post-PC world. Would you back him?
The talks over the future of Dell have appeared to hit a stalemate again.
Microsoft has something to prove with Windows 8.1 and some very important questions to answer. Can the company turn around a slow PC market, convince consumers it's cool, and pry businesses away from Windows 7?
Not content with posting record PC sales amid a slump in the market, the company is continuing its efforts to steamroll its local Chinese competition.
CEO Paul Otellini said in a release that the company performed well "amidst market softness" that translated to revenue declines in its PC and data center groups.
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