Lenovo admits turning Motorola fortunes around is harder than it expected

Lenovo took over Motorola Mobility in 2014 and it was the biggest smartphone deal back then. The Chinese company paid $2.91B to Google for it but let the search giant keep most of the patent portfolio. And then Lenovo started bringing back to the once mighty company. But Lenovo CEO Yang Yuanqing revealed in an interview for Wall Street Journal that turning Motorola around was a harder task than they initially thought. Chinese government wanted from local companies to invest more abroad and that's what Lenovo did, influenced by the fact they were briefly number 1 in sales on the Chinese...

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