"It might look small, but it's a pure business class device," Hernandez said.
The X120e will be available in February in multiple configurations, with prices starting at under $400.
The company also announced new ThinkPad Edge laptops for small- and medium-sized businesses with Intel's next-generation Core processors, which are based on the new Sandy Bridge architecture.
The ThinkPad Edge E220s and E420s laptops are less an inch thin, and will come with screen sizes of 12.5 inches and 14.1 inches, respectively.
Some E420s models include Lenovo's RapidDrive technology -- which combines hard drive and solid-state drive storage -- for laptops to boot up around 30% faster than the previous generation of Edge laptops, Hernandez said.
The laptops will have Wi-Fi, and optional 3G and 4G (Wimax) mobile broadband connectivity options. The laptops will be priced starting at $749 and ship in some parts of the world starting in April.
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