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China's Lenovo says will not phase out its own phone brand
May 25, 2017 / 7:23 AM / 7 months ago

China's Lenovo says will not phase out its own phone brand

HONG KONG (Reuters) - Lenovo Group (0992.HK) chairman and chief executive Yang Yuanqing told Reuters on Thursday the company’s China business reorganization will not affect its mobile business on the mainland.

FILE PHOTO - Lenovo Chairman and CEO Yang Yuanqing attends a news conference on the company's annual results in Hong Kong May 26, 2016. REUTERS/Bobby Yip

Yang, speaking after the company reported a return to profit for the year to March, said the company will keep its Lenovo-Motorola dual-brand strategy for it mobile business despite a widening loss.

“We will never phase out Lenovo,” Yang said.

Reporting By Sijia Jiang; Editing by Anne Marie Roantree

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