Lenovo CEO aims to “surpass” Apple and Samsung, shares new Motorola purchase details
Lenovo’s purchase of Motorola has been dominating smartphone news for the past couple days, and while we fully expect to see things start calming down in the near future, for the moment there are still new aspects of the deal worth discussing. We checked out an interview Lenovo CEO Yuanqing Yang gave to The Wall Street Journal yesterday, where he talked about the lack of any significant business plan just yet for how to revitalize Motorola. Today, we’re looking at another interview he gave – this time with Fortune – that perhaps provides some insight into why no plan has taken shape.
As it happened, this Motorola deal took shape incredibly quickly. Lenovo had mentioned to Google a couple years back that it might be interested in Motorola’s hardware if Google ever got tired of it, but it’s not like that was an ongoing discussion. Instead, this deal started taking shape a mere two months back; and at that pace, it’s understandable how Lenovo may not have had time to put together a lot of long-term strategy for its new acquisition.
That’s not to say that the company is without a general sense of what it wants to do with Motorola – and its eyes are wide with ambition. With Fortune asking Yang about how the increased market share the combination of Motorola and Lenovo delivers might enable the company to compete with the likes of Apple and Samsung, the CEO declared that not only should Lenovo be able to (eventually) catch up to those big guys, but as he put it, “our mission is to surpass them.”