Most Trusted Accounting Firm In 2023

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Upshot What makes MEXICO a Once in Lifetime Tourist Destination?

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ANTONIO RODRIGUEZ

CEO

Empowering FINANCIAL SUCCESS WITH TRUSTED EXPERTISE

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From Editor’s Desk

Accounting for a Bright Future!

Dear Readers, It is with great pleasure that we present to you our latest issue “Most Trusted Accounting Firm in 2023.” In an ever-evolving business landscape marked by financial complexities, economic uncertainties, and changing regulations, the role of accounting firms has never been more critical. The firms we feature in this issue have not only adapted to these challenges but have excelled in delivering unwavering trust and exceptional service to their clients.

In the wake of the global financial turbulence over the past few years, trust and reliability in accounting have become paramount. Business leaders, investors, and individuals alike are seeking assurance and expertise from their accounting partners. This issue serves as a comprehensive guide to the accounting firms that have consistently demonstrated their commitment to transparency, accuracy, and ethical practices.

Our editorial team undertook an exhaustive evaluation process to identify and rank the “Most Trusted Accounting Firm in 2023.” We considered a range of factors, including client testimonials, industry reputation, technological innovation, sustainability initiatives, and contributions to the profession. The firms featured here are not only leaders in their field but also exemplify the values of integrity, expertise, and client-centricity.

Inside this issue, you will find in-depth profiles of the top accounting firms, highlighting their unique strengths, industry specializations, and noteworthy achievements. From the largest global firms to boutique practices, each firm has a compelling story to tell. Moreover, our editorial team has conducted interviews with key executives and partners, offering you insights into their vision for the future of accounting and their strategies for staying ahead in an ever-changing market.

On the cover of this issue, we have featured US TAX Consultants. Founded by John G. Kearins in 1965, is a leading firm providing specialized tax services to U.S. Expats living in Spain. With a remarkable track record of over 55 years, the firm’s expertise extends to handling both U.S. and Spanish tax returns, making it a reliable source for individuals with dual taxation obligations.

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On the cover of the magazine, we have featured US TAX Consultants. U.S. Founded by John G. Kearins in 1965, it is a leading firm providing specialized tax services to U.S. Expats living in Spain. With a remarkable track record of over 55 years, the firm’s expertise extends to handling both U.S. and Spanish tax returns, making it a reliable source for individuals with dual taxation obligations. Antonio, the current CEO, and owner since 2011, has steered the firm to continued success, solidifying its position as a trusted tax consultant.

Operating from offices in Madrid, Asturias (Spain), and Algarve (Portugal), U.S. Tax Consultants holds a significant national and international presence. The firm takes pride in its thorough understanding of the double taxation treaty, enabling it to navigate complex tax matters effectively. Its professionalism and dedication to quality control guarantee clients the peace of mind that comes with a job well done. Whether it is addressing the challenges of dual taxation or offering expert guidance on U.S. and Spanish tax laws, U.S. Tax Consultants remains the go-to solution for individuals seeking competent tax services.

U.S. Tax Consultants is renowned for its specialized focus on preparing and filing various tax models required by the IRS in the United States. Simultaneously, the firm takes full responsibility for ensuring compliance with the taxation laws of the country where the expatriate resides. By handling both tax obligations, U.S. Tax Consultants optimizes the overall taxation process and prevents common errors that non-specialists might encounter in managing dual taxations.

The firm offers a comprehensive range of services tailored to individuals and corporations. Some of the core services include the preparation of tax forms like 1040, Streamline, AUTONOM@S VS SL, FINCEN 114, MODELO 100 AEAT, ITIN – W7, MODELO 720, and MODEL 210.

Moreover, U.S. Tax Consultants extends its expertise to cover other services, such as the Form 706NA United States Estate Tax Return, the Gift tax in the U.S.A., and fiscal solutions related to inheritance and donation taxes in Spain.

LEADERS IN SPOTLIGHT

For the cover read about-

CONTENTS

12

US TAX Consultants

What makes Mexico a Once in Lifetime Tourist Destination?

Lenovo Case Study: From the Shacks of China to Conquering the World A Guide To Laser Cutting Machine- Uses, Types & Benefits

UPSHOT

22 CASE STUDY

30 Article

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44

C O V E R S T O RY

U.S. Tax Consultants Empowering Financial Success with Trusted Expertise ANTONIO RODRIGUEZ | CEO

12 | October 2023

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COVER STORY Consultants holds a significant national and international presence. The firm takes pride in its thorough understanding of the double taxation treaty, enabling it to navigate complex tax matters effectively. Its professionalism and dedication to quality control guarantee clients the peace of mind that comes with a job well done. Whether it is addressing the challenges of dual taxation or offering expert guidance on U.S. and Spanish tax laws, U.S. Tax Consultants remains the go-to solution for individuals seeking competent tax services.

Journey of Entrepreneurial Growth Antonio has had a long-standing connection with entrepreneurship, initially venturing into projects within the educational field. However, his integration into U.S. Tax Consultants ignited his passion for providing high-value services to clients by assisting them with their tax matters.

Antonio’s commitment to helping clients navigate their taxes has become his profession and his source of fulfillment.

In an increasingly competitive and complex financial world, the importance of a trusted accounting firm cannot be overstated. Businesses and individuals rely on the expertise and guidance of reputable accounting firms to ensure compliance with tax laws, navigate intricate financial regulations, and make informed financial decisions. Among the prominent names in this industry, U.S. Tax Consultants stands out as a pillar of reliability and competence. The firm is led by Antonio Rodriguez (CEO and Owner) and boasts a legacy of over five decades, making it one of the most respected and sought-after tax consulting firms today.

Tax Experts U.S. Tax Consultants, founded by John G. Kearins in 1965, is a leading firm providing specialized tax services to U.S. Expats living in Spain. With a remarkable track record of over 55 years, the firm’s expertise extends to handling both U.S. and Spanish tax returns, making it a reliable source for individuals with dual taxation obligations. Antonio, the current CEO, and owner since 2011, has steered the firm to continued success, solidifying its position as a trusted tax consultant.

Operating from offices in Madrid, Asturias (Spain), and Algarve (Portugal), U.S. Tax

14 | October 2023

Throughout his extensive professional career, Antonio’s time at U.S. Tax Consultants has been the most defining period of his entrepreneurial journey. Here, he flourished as an entrepreneur and witnessed the firm’s remarkable growth. The achievements already attained and the ambitious goals serve as constant sources of motivation, propelling Antonio’s determination toward further success and excellence.

Early Challenges Faced Looking back at its long history, U.S. Tax Consultants encountered numerous challenges that evolved with the market, customers, and legislative changes. Initially, one of the primary hurdles was the need for brand awareness, making it difficult to establish a presence in the industry. Additionally, identifying and reaching out to resident expatriates proved an initial struggle.

Emphasis on Constant Innovation: A commitment to continuous innovation drives the firm’s achievements. This includes adopting cutting-edge technologies to streamline information flow and automate processes, resulting in greater efficiency and accuracy. Furthermore, it proactively explores new markets and opportunities to stay ahead in the everevolving landscape of tax consultancy.

Competitive Differentiation: U.S. Tax Consultants stands out by offering a comprehensive service that addresses North American and local tax requirements. Utilizing the double taxation treaty to avoid redundant tax obligations, the firm ensures an exceptional quality-to-price ratio, providing clients with superior value and peace of mind.

Strategic Investments Propel Growth In 2020, U.S. Tax Consultants experienced a transformative turning point when its CEO decided to make significant investments in advancing the firm’s management and development. This decision materialized in implementing a comprehensive Business and Marketing Plan for 2019. The plan aimed to enhance brand visibility, streamline internal processes, fortify the professional team, and optimize customer relationships.

The result of these strategic initiatives was remarkable, as the firm witnessed substantial growth in its clientele, expanded services, and increased revenue over the past three years. A key milestone in this commitment to progress dates back to 2016 when U.S. Tax Consultants initiated the “paperless office” project, reinforcing its dedication to sustainability and corporate social responsibility.

Furthermore, in 2017, the firm introduced a Management Program that facilitated seamless workflow and ensured service quality. The software has since evolved and adapted to changing needs, benefiting from the valuable input, support, and ideas the dedicated IT Manager contributed.

The Keys to Long-Standing Success The enduring success of U.S. Tax Consultants can be attributed to several key factors, all of which have been instrumental in establishing the firm as a trusted leader in tax consultation.

Client-Centric Approach: Above all, the firm places its clients at the heart of its operations, approaching each individual with empathy and understanding. Recognizing that tax matters can be daunting for many, U.S. Tax Consultants takes the responsibility to navigate the complexities on behalf of its clients, ensuring a smooth and stress-free experience.

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COVER STORY Excellence in the Professional Team: The backbone of U.S. Tax Consultants’ success lies in its outstanding team of professionals. Equipped with expertise, a strong skill set, and a genuine dedication to their work, these professionals consistently deliver highquality services. Its continuous training ensures they stay abreast of the latest developments in the tax domain, further enhancing the firm’s capabilities.

Specialized Tax Services and Global Collaboration U.S. Tax Consultants is renowned for its specialized focus on preparing and filing various tax models required by the IRS in the United States.

Simultaneously, the firm takes full responsibility for ensuring compliance with the taxation laws of the country

16 | October 2023

where the expatriate resides. By handling both tax obligations, U.S. Tax Consultants optimizes the overall taxation process and prevents common errors that non-specialists might encounter in managing dual taxations.

The firm offers a comprehensive range of services tailored to individuals and corporations. Some of the core services include the preparation of tax forms like 1040, Streamline, AUTONOM@S VS SL, FINCEN 114, MODELO 100 AEAT, ITIN – W7, MODELO 720, and MODEL 210. Moreover, U.S. Tax Consultants extends its expertise to cover other services, such as the Form 706NA United States Estate Tax Return, the Gift tax in the U.S.A., and fiscal solutions related to inheritance and donation taxes in Spain.

Notably, U.S. Tax Consultants is wellversed in addressing the complexities of the Spanish regular Wealth tax and

the newly introduced 2022 solidarity tax, applicable to all residents in Spain for the foreseeable future. Additionally, the firm offers corporate tax preparation services for Limited Liability Companies (LLCs) in various configurations, including sole proprietorship, partnerships, SCorporations, or C-Corporations.

Emphasizing the value of collaboration and a personalized approach, U.S. Tax Consultants has established a European Cooperation Network for tax preparation. This network operates on care principles and direct client relationships with local partners in Portugal, Germany, and Italy. The network collaboratively delivers extensive and comprehensive solutions with auditors, finance experts, lawyers, and tax advisers from different organizations.

Whether addressing the challenges of dual taxation or offering expert guidance, U.S. Tax Consultants remain the go-to solution for individuals seeking competent tax services.

In addition to the European Cooperation Network, U.S. Tax Consultants maintains a productive collaboration with “Tax Economistas y Abogados,” providing free fiscal consultation on U.S. taxation to their partners and offering tax preparation services.

This collaboration further enhances the firm’s reach and ability to support clients residing in specific fiscal “Comunidades Autónomas” in Spain.

Impressive Results Reflecting on recent years, U.S. Tax Consultants has achieved remarkable growth and success. From 2020 to 2022, the firm demonstrated consistent expansion in various key areas. The number of contacts increased by an impressive 24.19% in 2020, followed by an even more significant surge of 38.53% in 2021 and a steady 25.00% growth in 2022. This surge in contacts translated into a steady rise in the services provided, with increments of 12.00%, 7.00%, and 11.00% over the respective years.

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COVER STORY Notably, the net income also saw substantial improvement, surging by 51.00% in 2020, a commendable 21.00% increase in 2021, and a continued growth of 17.00% in 2022. The conversion rate of contacts to clients experienced a positive trend, although showing a slight decline year by year. Starting at 48.61% in 2020, it decreased to 38.86% in 2021 and 34.66% in 2022.

For U.S. Tax Consultants, client satisfaction remains a paramount focus. The results of a comprehensive satisfaction survey conducted in 2021 were overwhelmingly positive. An astounding 97.7% of the customers expressed willingness to recommend the firm.

Furthermore, 97.1% of clients highly rated the firm’s knowledge, reflecting the expertise they receive. An impressive 94.4% of clients commended the professionalism demonstrated

by U.S. Tax Consultants, reinforcing its commitment to delivering top-notch services.

Harmonious Approach to Success Antonio believes in a holistic approach to business success. He emphasizes the importance of harmonizing the external and internal aspects of the firm. While clients and markets are crucial, Antonio values a motivated and aligned human team driven by the brand’s objectives. Building long-term client trust and ensuring his professionals feel a sense of belonging are sources of great satisfaction for him. Antonio’s vision revolves around creating an environment where client satisfaction and employee fulfillment coexist.

Exemplary Client Experience Antonio takes pride in providing his clients with an exceptional experience. The key highlight is the peace of mind they gain, knowing their tax matters are in capable hands.

Antonio’s objective is to assure clients they can rely on the firm for tax-related issues, offering effective and personalized solutions that align with their best interests. Clients often find themselves pleasantly surprised by the benefits achieved through U.S. Tax Consultants’ services.

18 | October 2023

Personal Inspirations Antonio finds inspiration in various aspects of life. One of his favorite books is “Lawrence of Arabia,” he particularly admires the moment when Lawrence successfully convinced Prince Feisal to take control of Acaba. This captivating tale of determination and leadership resonates deeply with Antonio.

When it comes to individuals he admires, Abilio López stands out as a role model for Antonio. He greatly admires how Abilio has managed his personal and professional life, navigating through ups and downs with resilience and self-improvement. Abilio’s ability to rebound from challenges, including bankruptcies and difficult situations, leaving him content and happy in his retired life, is an inspiring example to Antonio.

As for the most inspiring quote he has come across, Antonio finds profound meaning in the words “Nothing is written” from T.E. Lawrence. This quote encapsulates the spirit of possibilities and the notion that one can shape their destiny, a sentiment that echoes throughout his entrepreneurial journey.

Constant Vigilance Antonio believes constant vigilance is not just a need but a vital strategy ingrained within the firm’s Management Plan. Recognizing the ever-changing business landscape, Antonio believes that remaining continuously vigilant is essential for staying competitive and adapting to market fluctuations effectively.

Through constant vigilance, U.S. Tax Consultants diligently monitors technological advancements, consumer trends, and competitive strategies. This proactive approach enables the firm to anticipate and respond swiftly to market changes, ensuring it remains at the forefront of its industry.

By identifying relevant sources of information related to competitors, customers, suppliers, and market changes, the firm can analyze this data to develop a robust Management Plan. The primary objective of this plan is to identify shifts in the market and consumer preferences, allowing U.S. Tax Consultants to continuously adapt its services to meet the evolving needs of its clients.

Thriving in the Rat Race Antonio navigates the competitive rat race by prioritizing focus and strategic planning. He firmly believes in setting up a comprehensive Management Plan and diligently pursuing its objectives and procedures. By doing so, Antonio ensures that the firm remains grounded in its purpose and does not lose sight of its mission.

Advancing Excellence and Expanding Horizons U.S. Tax Consultants is committed to continually advancing its products and services to fulfill its business vision. One of the firm’s primary mandates is to ensure its highquality services remain affordable, distinguishing itself from larger companies that may impose high customer costs. With a focus on personalized treatment and problemsolving, U.S. Tax Consultants sets itself apart from mass online offers, emphasizing a tailored approach to meet each client’s unique needs.

The firm’s dedication to excellence has led to exciting developments, including achieving a significant contract in 2022. U.S. Tax Consultants secured an opportunity to offer its services to the military stationed in Rota Navy Base, establishing its office on-site. This success validates the firm’s exceptional work and fills the team with professional pride. Furthermore, extending the contract for nine years in 2023 reaffirms the firm’s commitment to delivering exemplary service and results.

Nurturing a Unique Team: Values and Spirit Antonio ensures his team is nurtured with a focus on open communication, involvement, training, and mutual respect. This unique combination of values has created a cohesive and dedicated team that stands out in the industry. Some team members have been with the firm since its inception, embodying a resilient spirit that continues to drive their commitment to its success.

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22 | October 2023

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Mexico has always piqued the interest of tourists with its beautifully rich history, cultural roots, and globally celebrated cuisine. The country is also naturally blessed in other regards, such as ancient ruins, breezy beaches, spectacular mountains and canyons, sandy deserts, and deep forests only add to its beauty.

The country is a paradise for tourists looking to embark on exciting places. However, if you are unsure whether or not you shoulds visit this beautiful country, you are at the right starting point. We will help make that decision easy for you, let’s dive in!

24 | October 2023

Top 3 Tourist Attractions you should Visit The country is home to a number of spots, making it a preferred destination by tourists all over the world. However, here are three spots you shouldn’t miss if you’re in the country: 1. Chichen Itza The country is known for its numerous Mayan sites. And Chichen Itza is the most renowned and visited site by locals and global tourists. Alluding to its archaeological beauty, Chichen Itza was declared one of the Seven Wonders of the World. Despite being built somewhere around the 19th and 20th centuries, the buildings, temples, and palaces today are still in surprisingly good shape.

The Pyramid of Kukulcan, aka El Castillo, is the prime landmark that often catches the most limelight at Chichen Itza. Unlike other Pyramids, what makes it unique is the mix of the temple terrace structure made with stones and Chichen Itza. The two, when combined, create an illusion of serpents crawling on the side of the pyramid.

2. Tulum If crystal-clear beaches are your thing, then Tulum will not disappoint you.

Whether you are looking to explore exquisite food or alcoholic beverages, you will find bars and restaurants here that suit your taste adequately. However, before visiting Tulum, it is worth noting that there are three different Tulum, located at different places that are not too far yet not too close from each other.

To avoid any slipup, here are those three types: Ÿ Tulum Pueblo: Located near the south of the Coba junction, The Town Center is often called Tulum Pueblo. Ÿ Tulum Playa: Spread across 10km of the Caribbean coastline, Tulum Playa is also known as Zona Hotelera. Ÿ Tulum Ruinas: This is the site where Tulum Mayan ruins reside.

3. Teotihuacan While the founders of these mysterious pyramids are unknown, one thing you can be sure of is their mesmerizing beauty. Resided 50km away from the northeast of the City, Teotihuacan used to be home to gigantic temples, palaces, squares, and stadia. The word Teotihuacan translates to birthplace of the gods, and the Aztecs who named it, also believed it to be the starting point of the universe.

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A Truly World-Class Mexican Cuisine While foods in Mexico need no Introduction, here are some dishes that we have handpicked that you should not miss: 1. Tacos Taco is the most famous dish in the country, savored globally. A taco, in general, is anything eaten on a piece of soft tortilla. While there are several types of tacos, the classic one is grilled over coal and served with a filling of thinly sliced meat—of your choice, topped with Onion, Guacamole, and a wedge of Lime.

2. Mole Recognized as the national dish, a Mole is a type of sauce prepared using more than 20 ingredients and served over chicken or turkey. The moles can vary depending on the region you are visiting. However, the most common varieties include red mole, green mole, yellow mole, and black mole.

3. Chile En Nogada Prepared using poblano peppers, the dish is stuffed with a mixture of meat, fruits, and nuts and poured with a smooth walnut sauce on top. To creatively showcase the colors of the Mexican flag, the dish is often garnished with pomegranate seeds and cilantro.

4. Guacamole As with Tacos, Guacamole is also one of the renowned dishes representatives of Mexican food culture. As the largest producer of the fruit, Avocados of Mexico are used to make the dip, and it’s generally paired with tortilla chips.

The name, Guacamole, stems from the

26 | October 2023

Nahuatl word “ahuacamolli,” meaning “avocado sauce.” The dish loved by the global foodie population is a musthave if you’re in the country.

5. Chocolate While chocolates from countries like Switzerland and Belgium have made a name for themselves, not many know that the birthplace of Chocolate is actually Mexico. At one stage, Chocolates were used as a currency due to their high perceived value and have played a part in religious ceremonies.

Tabasco, one of the Mexican states, produces around 70% of the country’s cocoa. Chocolate lovers visiting can take things further as they explore the local chocolate museums. That includes the Museo Del Chocolate in Puebla and the Museo de Chocolate Maya in Riviera Maya.

is a Mexican-born Formula One Racing driver representing the Red Bull Racing Team. After a career kickstart with carting, Checo slowly made his way up to the pinnacle of motorsport, F1, with his grit and talent.

With Formula One gaining global popularity, Checo’s fanbase is also reaching new highs. Today, many fans and pundits call him the “Mexican Minister of Defence” for showcasing his superior driving skills.

2. Salma Hayek Salma Hayek is a renowned Mexican Actress born in Coatzacoalcos, Veracruz. She aspired to be an actor from a young age, and rose to fame with her character in the Mexican telenovela “Teresa” in 1989. Although she began with relatively smaller roles, she later played characters in prominent films such as Frida, Desperado, and Traffic, and other films, as her career progressed.

6. Tequila 3. Carlos Slim Tequila is one drink you should count on to upgrade your drinking palette.

Tequila in Mexico is a subjective matter, however, our advice is to find the one that suits your taste, and it shouldn’t be too difficult either with many brands to choose from.

Originating in Mexico, Tequila is made with the use of the blue agave plant.

An interesting fact about tequila is that it has to be made in specific regions of the country to earn the honor of a Tequila. The authorized parts include Guanajuato, Jalisco, Michoacán, Nayarit, or Tamaulipas.

4 Renowned Personalities from Mexico

Carlos Slim is a Mexican-born entrepreneur who once topped the list of wealthiest people in the world. He has amassed his wealth through contributions in various sectors such as communications, insurance, construction, energy, mining, retailing, finance, and more.

For many years, a primary part of his holding was his ownership of the Mexican telecommunication company Teléfonos de México, also known as Telmex. In addition to that, he has also contributed to the philanthropy field by founding a not-for-profit art museum called Museo Soumaya.

4. Javier Hernández

1. Checo Perez Sergio Perez, nicknamed Checo Perez,

Javier Hernadez, also lovingly nicknamed “Chicharito,” is a footballer

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born in Guadalajara. How did he get his nickname? Chicharito, meaning pea, was given to him for his green eyes.

Football was always a big part of Chicharito’s family, with his father and grandfather both representing the Mexican team at a national level. In his career, he has represented several world-known clubs such as Manchester United, Real Madrid, and Sevilla, and the latest—LA Galaxy.

7 Unheard-of Facts about Mexico 1. Real Name of Mexico While almost everyone calls it Mexico, the country’s official name is Estados Unidos Mexicanos or the United Mexican States.

2. Hairless Dog of Mexico Considered sacred by both Aztecs and Mayan, Xoloitzcuintle has been an integral part of Mexican culture. Its name comes from Xolotl, god of lightning and death, and itzcuintli, which means dog.

The Aztecs held a belief that this dog was created by the god to protect living beings and guide the souls of the dead through Mictlán, known as the underworld of Aztecs.

4. Most-Visited In Latin America A report by the World Tourism Organization placed Mexico in the 10th spot, alluding that it is the most visited Latin American country, with the most number of global visitors.

5. World Culture Heritage Cuisine It is no secret that Mexican cuisine is one of the most loved cuisine in the world. As a testament to the global adoration, it was declared a global cultural heritage, with a feature in UNESCO’s Intangible Heritage of Humanity list.

6. 35 World Heritage Sites On the list of UNESCO’s World Heritage Sites, the country ranks seventh with a total of 35 World Heritage Sites. Those sites include various tourist attractions such as ruins, mines, canals, and more.

7. Not a Single Official Language That’s right, while Spanish is the country’s dominant language, Mexico does not have a single national language. However, the 60-plus languages used across the country are nothing but a testament to the country’s diversity.

Our Verdict

3. Don’t Shave & Drive In 2008 as a safety measure, the Mexican city of Torreon started penalizing people who put on make-up or shaved their beards with electric razors, while they drove their vehicles simultaneously. Don’t say we didn’t tell you and make sure you don’t shave and drive or do your makeup when you visit.

28 | October 2023

While a visit between November to March is ideal, even in other months, Mexico is still a fascinating place to be in. From its gobsmacking food, world heritage sites, and scenic natural beauty to the welcoming nature of the locals, Mexico is one of the most iconic global destinations that one should visit at least once in their lifetime.

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1984

Lenovo was officially founded. On the same day, it got the Chinese government’s approval.

Lenovo’s organizational structure was established just after the Chinese New Year. In the same year, Lenovo started manufacturing its personal computers under the brand name ThinkPad.

1994

1985

Lenovo was known as Legend at the time. This year, the company became publicly traded after a $30m million USD Hong Kong IPO. Many analysts had positive thoughts on Lenovo before the IPO. On the first trading day, the company stock price hit a high of HK $2.07 and closed in on HK $2.00.

Lenovo used the earnings from this offering to finance its sales offices in Europe, North America, and Australia to expand its presence and make its production and development better. In addition, the offerings were also used to increase the company’s working capital.

For the first time, the company became the market share leader in China. Becoming a market leader in the same year, the company started selling its own laptops.

1996

A Lenovo computer, Tianxi, was released in 1998. It was designed to make computer access easy for inexperienced Chinese consumers along with access to the internet. The internet access feature was enhanced by a button that instantly connected users to the internet by opening the web browser.

2000

The Tianxi was co-branded with China Telecom and came with one year of Internet service. The Tianxi came to life after an intensive 2 years of research and development. Its visuals were pastelcolored, it had a shell-shaped case and a seven-port USB hub under its screen. It was the bestselling computer in China’s history with more than 1,000,000 units in this year alone.

In 2000, the company also introduced its ThinkPad line-up of laptops.

Lenovo acquires IBM’s PC division, which also includes ThinkPad. This was a move that helped Lenovo establish itself as a major player in the global PC market and helped the company expand its reach outside of China.

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2005

Lenovo relocates its headquarters from Beijing to New York. After a restructuring that followed Lenovo’s IBM purchase, the company was the third largest manufacturer next to Dell and Hewlett-Packard.

2006

In March 2006, the company announced its plans to shift its headquarters to Raleigh. The company was also cutting jobs of 5% of its employees, which is around 21,000 people.

This year, Lenovo Technology sponsored the 2006 Olympic Winter Games held in Italy’s Torino, with 5,000 desktop PCs, 350 servers, and 1000 notebook computers supplied.

Launched the first Lenovo-branded PCs worldwide.

Lenovo sold its smartphone and tablet division in 2008 for $100 million USD to focus on personal computers and later paid $200 million USD to buy it back in November 2009.

2009

The mobile division was already ranked 3rd in unit share in China.

Lenovo invests CN¥ 100 million in seed funding dedicated to mobile application development for its LeGarden online app store.

The company introduces its first smartphone, LePhone.

2010

As of this year, LeGarden had over 1,000 available programs for the LePhone. Similarly, LeGarden had 2,774 individual developers and 542 developer companies as members.

Lenovo joins hands with Japanese electronics firm NEC to produce personal computers. The companies agreed to establish a new company called Lenovo NEC Holdings to be registered in the Netherlands, said a statement.

2011

NEC gets $175 million USD in Lenovo stock. It was planned that Lenovo’s stock would be a 51% stake in the venture, and NEC would have 49%, with the former having a five-year option to extend its stake.

2012

Lenovo announces an investment of $793 million USD in the construction of a mobile phone manufacturing and R&D facility in Wuhan, Hubei. In the same year, the company became the largest smartphone vendor in mainland China.

Lenovo becomes the number one PC Company and ranks 329 in the Fortune 500 list of the world’s largest companies. Later, the company acquires CCE, one of the top consumer electronic companies in Brazil.

2013

Furthermore, Lenovo becomes the world’s #3 smartphone company.

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2014

Lenovo purchases mobile technology-related patents from NEC in April 2014. Later, the company purchases IBM’s line-up of x86-based servers along with IBM System x and IBM BladeCenter.

Lenovo reveals its new logo in Beijing with a slogan- Innovation Never Stands Still. In the same year, the company sells its 100 millionth ThinkPad and also became the number 1 PC maker globally.

2016

Lenovo partners up with Fujitsu, and the Development Bank of Japan (DBJ) to form a joint venture, where Fujitsu sold 51% of its stake to Lenovo and DBJ acquired a 5% stake.

Lenovo and NetApp partner up and announce a strategic partnership and joint venture in China. As a part of the deal, Lenovo starts two new storage system lines, DM-Series, and DE-Series with a combination of Lenovo hardware and NetApp software. In the same year, Lenovo became the largest provider of the TOP500 supercomputers globally.

2020

2015

2018

Lenovo became a preferred data center innovation provider for DreamWorks Animation beginning with Trolls World Tour.

Lenovo files an application to issue Chinese depository receipts, representing recently issued ordinary shares, to then list them on Shanghai Stick Exchange’s Science and Technology Innovation Board.

On the same day of getting accepted by the Shanghai Stock Exchange, Lenovo withdrew its application to list on the exchange with the reason of the possibility of the validity of financial information in its prospectus lapsing.

2020

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Lenovo continues to improve its profitability along with its revenue figures.

2021

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For Those Who Do The campaign, on the theme of “For Those Who Do” was published in November 2011. The ads delivered the message perfectly with the variety of photos and videos.

Different is Better The ad campaign highlighted Lenovo’s designs and innovation. It shed light on the uniqueness of their products compared to their competitors.

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Claim Your Voice The campaign showcases female gamers' negative real-life experiences and the gaming community's biases toward them. It highlights how women change their voices or hide their gender to avoid harassment and other negative experiences.

Additionally, the campaign underlines the need to create a safe and thriving environment for women in gaming.

Conclusion Lenovo is known for its innovative products at relatively economical prices that are worth relying on. The brand is continuously empowering people all over the world with its diverse products, leading everyone toward a better future with its smart technology that is also sustainable in the long term.

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A Guide To Laser Cutting MachineUses, Types & Benefits

Introduction: Benefits of Laser Cutting Machine Laser cutting is a popular technology that uses a laser beam to cut through materials. It is a precise and efficient method of cutting, which has many advantages over traditional cutting methods. Laser cutting machines come in different types and sizes, and they can cut a wide range of materials, including metals, plastics, and fabrics.

In this article, we will provide a guide to laser cutting machine, including their primary uses, benefits, and different types.

In this article, we will provide a Benefits of Laser Cutting Machine, including their primary uses, benefits, and different types : 1. Where is a laser cutting machine primarily used?

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Laser cutting machines are used in various industries, including manufacturing, automotive, aerospace, and construction. They are commonly used to cut materials such as metal, plastic, wood, and fabric. In the manufacturing industry, laser cutting machines are used to cut and shape metal sheets into various components, such as parts for machinery and equipment.

Secondly, they are fast and efficient, which means that they can cut materials quickly, reducing production times and costs.

Thirdly, laser cutting machines are versatile, and they can cut a wide range of materials, including metal, plastic, and fabric, making them useful in a range of industries.

3. What are the benefits of a laser cutting machine?

In the automotive and aerospace industries, laser cutting machines are used to cut and shape metal sheets for the manufacture of car parts and aircraft components. In the construction industry, laser cutting machines are used to cut and shape metal sheets for the manufacture of building components.

There are several Benefits of Laser Cutting Machine.

Firstly, laser cutting machines offer a high level of precision and accuracy, which makes them ideal for cutting complex shapes and designs.

2. Why use a laser cutting machine?

Secondly, they are fast and efficient, which means that they can cut materials quickly, reducing production times and costs.

Benefits of Laser Cutting Machine over traditional cutting methods. Firstly, they are precise and accurate, which means that they can cut complex shapes and designs with a high level of accuracy. This makes them ideal for cutting materials for precision engineering and manufacturing applications.

Thirdly, laser cutting machines offer a high level of versatility, and they can cut a wide range of materials, including metals, plastics, and fabrics. Fourthly, they are cost-effective, as they can cut multiple pieces from a single sheet of material, reducing waste and material costs.

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Finally, Benefits of Laser Cutting Machine offer a high level of safety, as they do not require physical contact with the material being cut, reducing the risk of injury.

4. What are the main types of a laser cutting machine?

There are several types of laser cutting machines, including CO2 lasers, fibre lasers, and neodymium-doped yttrium aluminium garnet (Nd:YAG) lasers.

CO2 lasers use a gas mixture of carbon dioxide, nitrogen, and helium to produce a laser beam. They are the most common Benefits of Laser Cutting Machine and are used for cutting non-metal materials, such as plastics and fabrics. CO2 lasers are also used for cutting thin sheets of metal, although they are not as effective as fibre lasers for this purpose.

Fibre lasers use a high-powered fibre optic cable to produce a laser beam.

They are ideal for cutting metals and are more efficient than CO2 lasers for this purpose. Fibre lasers are also more accurate than CO2 lasers and can cut thicker sheets of metal.

Nd:YAG lasers use a crystal of neodymium-doped yttrium aluminium garnet to produce a laser beam. They are mainly used for cutting and welding metals and are less common than CO2 and fibre lasers.

Conclusion: In conclusion, Benefits of Laser Cutting Machine are a precise, efficient, and versatile method of cutting materials. They offer many advantages over traditional cutting methods, including high precision, speed, versatility, cost-effectiveness, and safety.

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There are several types of laser cutting machines, including CO2 lasers, fiber lasers, and Nd:YAG lasers, each with its own unique Benefits of Laser Cutting Machine and applications.

When choosing a laser cutting machine, it is important to consider the materials being cut, the required level of precision, and the desired production speed.

In addition to safety precautions, there are several best practices that can help ensure optimal performance and accuracy when using a laser cutting machine. Firstly, the material being cut should be properly prepared and positioned on the machine. This may involve clamping the material in place or using a vacuum system to hold it in place during cutting.

Other Benefits of Laser Cutting Machine to consider when choosing a laser cutting machine include the size of the machine, the power of the laser, and the software used to control the machine. Larger machines are ideal for cutting larger materials or for highvolume production, while smaller machines are more suitable for smaller production runs or for cutting smaller materials.

Secondly, the laser should be properly focused and calibrated to ensure accurate cutting. This may involve adjusting the focal length of the laser or the position of the material relative to the laser. Finally, regular maintenance and cleaning of the laser cutting machine are essential to ensure optimal performance and longevity.

This may involve cleaning the laser optics, replacing worn or damaged parts, and lubricating moving parts.

The power of the laser determines the speed and thickness of the material that can be cut, so it is important to choose a laser with sufficient power for the desired application. Finally, the software used to control the laser cutting machine can have a significant impact on its functionality and ease of use. Advanced software can enable precise and efficient cutting, as well as the ability to create complex designs and shapes.

When using a laser cutting machine, it is important to follow certain safety protocols to prevent accidents or injuries. Laser cutting machines use high-powered lasers, which can cause serious harm if not used correctly.

Operators should wear protective equipment, such as goggles, gloves, and aprons, to protect against exposure to the laser beam or to debris generated during the cutting process. The work area should be well-ventilated to prevent the buildup of harmful gases, and the laser should be positioned away from flammable materials.

In conclusion, laser cutting machines are a powerful and versatile tool for cutting a wide range of materials. They offer many advantages over traditional cutting methods, including high precision, speed, versatility, costeffectiveness, and safety. There are several types of laser cutting machines, each with its own unique Benefits of Laser Cutting Machine and applications, and choosing the right machine depends on the specific materials and requirements of the application.

When using a laser cutting machine, it is important to follow safety protocols and best practices to ensure optimal performance, accuracy, and longevity.

With the right machine and proper techniques, laser cutting can revolutionize the manufacturing and cutting industry by providing precise, efficient, and high-quality results.

REVIEW Ÿ Establishment Year: 2017 Ÿ Founder: Zeb Evans and Alex Yurkowski Ÿ Headquartered: San Diego, California No. of Employees: 1000 Ÿ Website:

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