Lenovo bought IBM's PC and laptop business several years ago. They are not related in any commercial sense.
Lenovo is a Chinese company. It is not owned by IBM anymore. Also IBM will never fade away, it is too massive.
IBM is involved in SO many things, as of late, they have been a huge military contract for many things, from servers to body armor. IBM is not going away for a very long time.
IBM got out of the PC business many years ago. Lenovo has no relationship with IBM except they bought the original rights to the IBM PC.
Just like General Electric does not make stoves nor refrigerators... they make generators and industrial electrical products. They sold the right to use the name to Thompson Electric.
And IBM is doing just fine without PC's.
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