Roger Fingas
Apple competitor Lenovo on Thursday confirmed that it will shuffle all of its smartphone operations — including design and manufacturing — under its Motorola banner, and eventually shut down Lenovo Mobile entirely.
Motorola president Rick Osterloh will take charge of the newly merged unit "effectively immediately," a Lenovo spokesperson told NDTV Gadgets. Lenovo Mobile workers will be assigned to Motorola.
The company didn't say what will happen to the Lenovo Mobile brand name, which is invisible in North America but well-known in China and some other countries. ZUK — a phone brand backed by Lenovo — will continue to operate independently, and as-is, another spokesperson commented to Engadget.
Lenovo as a whole though is scaling back on the number of phones it produces, with the aim of offering more clearly differentiated models. Motorola already has a relatively trimmed-down phone lineup, consisting of the Moto E, G, and X lines, the Nexus 6, and three Droid phones for Verizon.
Earlier this month Lenovo announced that it would lay off approximately 3,200 people in order to save about $650 million during the second half of 2015. It took a pre-tax loss of $292 million in the June quarter, and wrote down $300 million in unsold phones.
Charles Martin
Malcolm Owen
William Gallagher
Christine McKee
Wesley Hilliard
30 Comments
How long before enough competitors go bankrupt for Apple to be sued for a monopoly?
[quote name="sog35" url="/t/187893/lenovo-folds-smartphone-unit-under-motorola-plans-to-streamline-mobile-portfolio#post_2766539"]Damn. I got excited for a while. I thought lenovo was making a foldable phone. Another one bits the dust. [/quote] They can always make it under the Motorola name.
[quote name="Tallest Skil" url="/t/187893/lenovo-folds-smartphone-unit-under-motorola-plans-to-streamline-mobile-portfolio#post_2766538"]How long before enough competitors go bankrupt for Apple to be sued for a monopoly? :p [/quote] A monopoly isn't illegal. Apple will be fine if they reach a monopoly position if they don't abuse it.
[quote name="dasanman69" url="/t/187893/lenovo-folds-smartphone-unit-under-motorola-plans-to-streamline-mobile-portfolio#post_2766561"] A monopoly isn't illegal. Apple will be fine if they reach a monopoly position if they don't abuse it.[/quote] Tell that to Microsoft.
[quote name="SpamSandwich" url="/t/187893/lenovo-folds-smartphone-unit-under-motorola-plans-to-streamline-mobile-portfolio#post_2766567"][quote name="dasanman69" url="/t/187893/lenovo-folds-smartphone-unit-under-motorola-plans-to-streamline-mobile-portfolio#post_2766561"] A monopoly isn't illegal. Apple will be fine if they reach a monopoly position if they don't abuse it.[/quote] Tell that to Microsoft.[/quote] They totally abused it.