25 June 2015
Lenovo Response
10yIs there HYPE? Not sure there is.
Lenovo acquired a struggling business group from IBM in October.
We are doing our best to fix that. That requires lower cost and higher revenue.
I wouldn't suggest that there isn't a future in EBG any more than someone saying the same thing about the PC Group we acquired from IBM 10 years ago. That was hard initially too. But in the long run it went well, very well...In fact, Lenovo is #1 in PC's globally now and most thought it would fail. Time will tell if we can do the same again. There are current adjustments being made to the business to fix things that were broken. Some issues we knew about, some we didn't.
Saying we are in transition is not an "excuse", it is reality.
We do thank you for the time you worked for Lenovo and we wish you the very best.