Lenovo has announced a plan to restructure and focus on its home market of China after two years of disappointing performance at what was the world’s top PC maker.
Yang Yuanqing, chief executive, took to Weibo, the Chinese social media network, to declare that Lenovo would be reorganised into a consumer-facing division focused on personal computers and smart devices and a business-to-business division to house its data services.
He also announced that Liu Jun, the respected executive who led the company’s 2014 acquisition of smartphone company Motorola Mobility from Google but left in 2014, would return to head the consumer division in its home market.
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