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May 26, 2016 06:00 pm

Lenovo: Motorola Acquisition 'Did Not Meet Expectations'

Lenovo acquired Motorola from Google in 2014. Since then, the Chinese technology conglomerate has been trying to merge Motorola's offering into its large portfolio. But things aren't going as planned. Lenovo on Thursday announced that the "integration efforts did not meet expectations". The company, however, insists that it has drawn many lessons from the experience since the close of the Motorola acquisition, and it is making changes to them quickly. It's not the best time in the market if you're an Android smartphone maker. There's an increasingly growing competition especially from companies such as Xiaomi, Meizu, Micromax, Yu and others that are making premium smartphones with a razor-thin margin. Any unique feature a smartphone maker introduces is seen replicated in others' offerings within weeks.

Read more of this story at Slashdot.


Original Link: http://rss.slashdot.org/~r/Slashdot/slashdot/~3/I1Uncqnv8tU/lenovo-motorola-acquisition-did-not-meet-expectations

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