Lenovo Asks Motorola To Take Over Its Mobile Division

Now Reading
Lenovo Asks Motorola To Take Over Its Mobile Division

Browse This Page

Lenovo has reported a rather gloomy fiscal report this year, regarding its PC and smartphone businesses. With the company struggling to keep up its numbers in the market it has decided to lay off about  10% of the company’s employees from its non-manufacturing sector.

motorola lenovo

Lenovo’s reported revenue is $10.7 billion, which is still lower than the $11.29 billion forecast. It has also been reported that Lenovo’s net income is 5% lower as compared to last year. This situation has led Lenovo to lay off 3,200 people and a total of 5% of Lenovo’s 60,000 staff.

The justification of this move, is to keep the company afloat and running. However, the interesting bit is, that Lenovo is also planning to use the profits earned to restructure the mobile business. It has plans to rethink its handsets and have only a few signature models.

Hence, Lenovo has asked Motorola to take charge of its mobile division. Reports also suggest that Lenovo’s CEO has written a letter to the employees urging them to better the company’s mobile business group and thinks that, with Motorola in charge of the mobile division and Lenovo in charge of the PC division, both companies should be able to bring Lenovo to the forefront, once again.

Source: [tw-button size=”medium” background=”#07ABE2″ color=”” target=”_self” link=””]GMSArena[/tw-button]


What's your reaction?
I Want This
About The Author
Nikita Noronha
Nikita Noronha is the sub-editor for iGyaan. Her interests include photography, movies and of course, any kind of good food.
  • Bhumik Kewlani

    Simply get vannila experience in lenovo, everything will rise up

  • Keshav Chaurasia

    lenovo ka kutgo! LOL

  • Indrajeet Kamble

    Useless brand lenovo….it sucks to the core

  • Sunny Bhardwaj

    Lenovo is worst brand..don’t buy anything by lenovo…

  • Sathish Yadav

    Good decision, Lenovo is worst brand, suffering for buying their defective keypad designed laptop

  • Aditya Shankar

    Shankar Jw Surbhit Kumar Manish Nair

  • Sumon Mahmud


  • Ginni Chawla

    One plus 2 invites out now !!

  • AJ IN


  • Nithin Kumar

    That would be cool..