Lenovo CEO: Our Mission is to Surpass Apple, Samsung

Lenovo CEO: Our Mission is to Surpass Apple, Samsung

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In a recent interview with Fortune, Lenovo CEO Yuanqing Yang says that the company's mission is to surpass Apple and Samsung. Lenovo just announced that it has agreed to purchase Motorola from Google for $2.91 billion.

Yang tells Fortune how the deal came about:

It's a very, very interesting love story. We were interested in Motorola a long time ago, even when they split into two companies, Motorola Mobility and Motorola Solutions (MSI) [in January of 2011 --Ed.]. Right after Google (GOOG) bought Motorola [in 2012 ], I invited [Google executive chairman] Eric Schmidt to have a dinner at my house. I told him, "If you think you want run the hardware business, you can keep the business; but if you are not interested in the hardware business, we definitely can handle that, take over that."

He remembered that, and two months ago, he sent me an e-mail. I called him back, and he asked me, "Are you still interested in Motorola?" I said, "Definitely." We started to discuss it. I went to Silicon Valley many times. [Google CEO] Larry Page invited me to his house to have a dinner. Very quickly -- in just two months -- we closed the deal.

The company has yet to decide whether it will brand its smartphones with the Lenovo name. Yang says, "Most likely we will leverage the Motorola brand, but it could be something like 'Motorola by Lenovo.'"

When asked if he thought the company could catch up to Apple or Samsung, he said, "Definitely, over time. Our mission is to surpass them."

The full interview can be read at the link below...

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Lenovo CEO: Our Mission is to Surpass Apple, Samsung

Ismeal Spamtos - February 2, 2014 at 6:51pm
It's easy to beat a copier but this Lenovo is a long shot to surpassing, if he has anyone smarter than jobs (which I doubt it) then he may have a 25% chance. Grabbing popcorn to see this.
YEAH - February 2, 2014 at 6:45pm
Lenovo,before thinking on surpassing Apple and Samsung,just provide a fking driver for Ericsson F5521gw/F3607gw Wireless WAN for win 8,or just STFU
Nitro Junkie - January 31, 2014 at 11:30pm
Good luck with that Lenovo. Motorolas been on a downward spiral even before google bought them. And with their reputation of making junk I'm pretty sure it's alittle late to the game. Potential customers have moved on.
Sean - January 31, 2014 at 8:21pm
Apple bankrupt??? Yeah that $200 BILLION in cash doesn't count right??? No one even knows what's in apples pipeline for future products. The iPhone was in design stage 5 years before release. We always think about right now. They're 5-10 years in future releases. So no one can ever "catch up" to what they have no idea what's coming!
Wow - January 31, 2014 at 6:28pm
They will catch up with Apple that's for sure. But after the new Samsung/Google deal, i don't thing that Samsung is in its reach, not i the coming 5 years.
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