Yang Yuanqing: Motorola Mobile High-end High-end Lenovo Mobile Phone Positioning In The Middle And Low End

This morning, Lenovo Group announced the first quarter 2018/2019 financial year performance report. Lenovo's revenue grew 19%, to $11 billion 900 million, a record high.

Yang Yuanqing, who lives in the United States, said in an interview with the domestic media that Lenovo Group's revenue and profitability have greatly improved, mainly due to the effective implementation of the "three waves strategy".

He also stressed that the Lenovo Group's growth is not related to the acquisition of Fujitsu. "Fujitsu's revenue is $480 million, Lenovo's revenue is $12 billion, and Fujitsu accounts for only about 4%. Without considering Fujitsu's business, Lenovo's performance increased by 12% over the same period last year.

For mobile business, Yang Yuanqing once again made clear the positioning of Motorola, Lenovo dual brand: Motorola more positioning in the high-end, Lenovo brand positioning in the low-end.

Yang Yuanqing said that our mobile business strategy is very clear, including three points: 1. Cost control, confident that the cost of Motorola will be controlled within one billion dollars, when the original purchase is more than $2 billion a year. 2, focus on mainstream products. 3. Focusing on markets with core competencies, such as Latin America, is now second only to Samsung.

In addition, Yang Yuanqing also expressed his views on the Sino US trade war. He said that we very much do not want to see a trade war and hope that the two governments can better negotiate to ease the trade war, which is not only helpful to us, but also helpful to the global economy. We assessed the measures adopted by the two sides. At present, these measures have little impact on Lenovo. For example, U.S. policy has not yet touched on Lenovo's computers and mobile phones, if the price increases will have a great impact on consumers.