Yang Yuanqing
Yang Yuanqing
Yang Yuanqingis a Chinese businessman and the current chief executive officer of Lenovo. According to Hurun Report's 2013 China Rich List, he had an estimated fortune of around US $620 million and is the 533rd richest person in China...
acquired business delivered mobile pc profitable strong unit
Our mobile handset unit delivered strong and profitable growth, and, more importantly, the acquired PC business was profitable worldwide,
acquired although business line performance profitable regional three
The acquired business has now been profitable for three consecutive quarters, in line with the board's expectations, although regional performance has varied.
available corporate country customers easy efforts enjoy foster genuine global great healthy help industry innovative joint lead orderly ordinary possible priority products provide service software support together users
Our first priority has always been to provide highest-quality, innovative products to our customers. Working together with Microsoft, we have made it easy for our joint customers to get the reliability, service and support only available from genuine software, at great competitive pricing. As a global corporate citizen, we want to lead the efforts to make it possible for ordinary users to enjoy genuine software and to help foster the healthy and orderly development of the IT industry in every country in which we do business.
competition complete cost current higher portfolio product structure
Our current cost structure and competitiveness has not been optimized and our product portfolio is not complete enough. We should have higher aspirations.
calm fully integrate investors time
Right now I want to tell our investors to calm down and give us more time to fully integrate to get better performance.
acquired business model ongoing reinforced results validate
Our results validate the expectations we have when we acquired the business and reinforced our convictions that we have a model for ongoing profitability,
division next pc phase planning track
With our integration of IBM's PC division on track and our organizational integration complete, we are accelerating our planning for our next phase of growth.
cooperation emerging extending further include increase joint marketing pc product sign today
The partnership we sign today will further increase our cooperation in this area, as well as extending our partnership to include high-end PC product development and joint marketing in new emerging markets.
create good image
We are not a (Chinese) government-controlled company. This didn't create a good image for us, and I want to clarify.
confident improve
We are very confident we can improve the efficiencies.
culture profitable service unified
We are a new unified culture, more efficient, more profitable and with better service for our customers.
business domestic five increase management operation process smooth stable
The process will take at least five months, so we can have a smooth operation in organising the management and a stable increase in our business in domestic and international markets.
broaden competition cost decline expense increase margin market portfolio product profit reflects shows
The decline in profit margin reflects an increase of market competition, and shows that we haven't optimized our cost and expense structure. We need to broaden our product portfolio and increase our market coverage.
confidence price stock
When our stock price went down after the acquisition I told our investors: You should have more confidence in this company,