Lenovo Chief Executive Yuanqing Yang said his company purchased Motorola with the goal of surpassing Apple and Samsung, the current leaders in the smartphone market. Asked Thursday by CNN Money if Lenovo can catch up to Apple and Samsung, Yang said, "Definitely, over time. Our mission is to surpass them." Lenovo is already a smartphone leader in China and emerging markets, while Motorola has established brands in the U.S., Latin America and parts of Europe. Even if Lenovo sells that many devices, it will still be far behind Samsung and Apple.
Source: LOS ANGELES TIMES
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