Press Release: Yuanqing Yang Statement on China Smartphone Rankings
hello moto
Motorola joins Lenovo On October 30, 2014, Lenovo finalized its purchase of Motorola Mobility from Google, welcoming nearly 3,500 new colleagues and accelerating its established strategy to become a global leader across the full spectrum of connected devices. By leveraging Motorola Mobility's iconic brand and innovative product portfolio, in combination with Lenovo's proven global scale, this acquisition will offer customers in more markets a wider choice of innovative mobile devices with compelling pricing and value.
This webpage provides a range of background and information about the transaction, and will be updated on a regular basis
Globally, the smartphone market is shifting from premium to mainstream – and this trend favors Lenovo's strengths. We have experience from our PC success in building a strong, sustainable business in this kind of environment. Looking ahead, we will solidify our China smartphone business while focusing on profitable growth in this highly competitive market. We will also continue to boldly attack emerging market opportunities where we see even more room for growth. And, pending regulatory approvals, our acquisition of Motorola Mobility will give us a global presence so that we can become a true, strong number 3 worldwide and a credible challenger to the top players in the industry. "
"With our continued organic growth and expansion, plus the opportunity presented by our acquisition of Motorola, pending final approvals, we are in great position to maintain our momentum. We have tremendous balance between our core business – especially a profitable PC business – and growth engines like tablet, smartphone, enterprise and ecosystem. We expect to continue to build on these strong results."