Lenovo CEO Yang certain that Motorola can turn a profit
posted by Alan F. / Jan 30, 2014, 1:15 PM
The executive calls Motorola a very good brand with plenty of intellectual property and a good relationship with carriers. He adds that his company will keep both the Motorola and Lenovo brands. The latter is strong in China and in emerging markets while Motorola is strong in the U.S. and Latin America. The CEO says that Lenovo might try using the Motorola name in China. He added that the company might go with something like "Motorola by Lenovo".
While Motorola was losing money under Google, Yang says that he believes that Lenovo can help Motorola turn a profit. The year after the deal closes, Lenovo expects to sell 100 million smartphones globally. As far as the deal is concerned, the executive expects no U.S. regulatory issues seeing as the handset business is a consumer business.
Posts: 308; Member since: Sep 14, 2013
It remains to bee seen. Hopefully they make even better phones than before. Like Moto X 2 for example :)
posted on Jan 30, 2014, 1:25 PM 3
Posts: 179; Member since: Nov 07, 2012
Just bought the Moto X a week ago. I had the HTC One prior to owning the Moto X and could not be happier. I hope that Lenovo can get Motorola back to good shape and continue to release solid products as Motorola has just now started a comeback in the mobile industry.
posted on Jan 30, 2014, 1:30 PM 3
Posts: 560; Member since: Aug 31, 2013
Lenovo makes some decent laptops....lets see what they got!
posted on Jan 30, 2014, 1:27 PM 1
I read an article stating that Lenovo might surpass Samsung by 2017. I was doubtful at first but after these developments, it seems probable. What I like about Lenovo is pricing. They make decent smartphones at very affordable price points that even Samsung, Sony, LG, etc can't compete with. I'm pretty sure they can do the same with a Motorola name.That said, they can definitely compete in the US market. Hope Lenovo can make wider Motorola line-up instead of just 2.
posted on Jan 30, 2014, 9:57 PM 1
Posts: 138; Member since: Jul 22, 2013
I also did read that news that Lenovo might surpass Samsung in sales, I'm guessing that this will be the start for more better war between those phone makers because most of the people I see are holding Sammy phone which is some kind of monopoly and I want to see how Lenovo could make Motorola a profit by thinking that they could use Motorola to enter in U.S. and also penetrating in Asia coz I does't see any Motorola holders.
posted on Jan 30, 2014, 10:59 PM 0
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