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Lenovo: Motorola Acquisition 'Did Not Meet Expectations' (theverge.com)
Lenovo acquired Motorola from Google in 2014. Since then, the Chinese technology conglomerate has been trying to merge Motorola's offering into its large portfolio. But things aren't going as planned. Lenovo on Thursday announced that the "integration efforts did not meet expectations". The company, however, insists that it has drawn many lessons from the experience since the close of the Motorola acquisition, and it is making changes to them quickly.
It's not the best time in the market if you're an Android smartphone maker. There's an increasingly growing competition especially from companies such as Xiaomi, Meizu, Micromax, Yu and others that are making premium smartphones with a razor-thin margin. Any unique feature a smartphone maker introduces is seen replicated in others' offerings within weeks.
It's not the best time in the market if you're an Android smartphone maker. There's an increasingly growing competition especially from companies such as Xiaomi, Meizu, Micromax, Yu and others that are making premium smartphones with a razor-thin margin. Any unique feature a smartphone maker introduces is seen replicated in others' offerings within weeks.
Lenovo spokesperson: This certainly didnt meet our expectations...we should learn and grow from the experience.
Microsoft spokesperson: The Windows phone is, and will always be, a perfect success. our acquisition from Nokia was, and always will be, a good decision. less than 1% market share is precisely the finest definition of this success. Now if you'll excuse me, I need to shovel a few more coal-like employees into the furnace of unemployment, that our steam engine of failure might surge ever mightier into oblivion in its quest for bankruptcy.
Good people go to bed earlier.