Lenovo is making some big moves upfront in order to stay competitive in the tech industry.
The biggest headliner has to do with Motorola Mobility’s Rick Osterloh, who has decided to depart from the company. Lenovo wished him the best and mentioned that his leadership will result in continued success in the future. Lenovo highly appreciates the work he has done since the official acquisition. Following his departure, De Lencquesaing will become the new Chairman and President of Motorola. This could be the end of the road for Motorola as we know it. It’ll be interesting to see how Moto’s next flagship smartphone turns out, if we see it.
Lenovo’s PC and Smart Device Business Group will now be in charge of all PC’s, tablets, virtual reality, and smart home products. This group will be under the control of Gianfranco Lanci, who is the current president and Chief Operating Officer of Lenovo. Lenovo’s Mobile Business Group will be in charge of everything smartphone related. Chen Xudong will be in charge of this sector.
Lenovo believes it’s now or never, and wants to get back on top of things when it comes to smartphones, which have experienced a recent slip due to high competition. Chen Xudong said that most of the focus will be on China and facing off rivals like Huawei, Oppo, Vivo, and Xiaomi.
All these changes will go into effect on April 1st.
CEO and Chairman of Lenovo Yang Yuanqing concluded with the following statement:
“In the last year, Lenovo has delivered solid results, the fast integration of Motorola and System x businesses, and a series of innovative product launches across our portfolio. Now we must further accelerate our transformation into a customer-centric company. The changes announced today will build on our successes, rapidly deliver this transformation and ultimately drive Lenovo into a new phase of growth.”