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Business / Technology

Will the monkey play havoc with China's tech gurus?

By Gao Yuan (China Daily) Updated: 2016-02-04 10:18

Will the monkey play havoc with China's tech gurus?

Customers buy computers at a store of Lenovo in Shanghai. [Photo/IC]

The hardware maker is undergoing a critical transition as the global PC market shows no sign of recovery. It is attempting to explore new businesses including consumer electronics, servers and even cloud computing for higher margins but will meet great headwinds in 2016.

It bought Motorola Mobility from Google Inc for $2.9 billion in a bid to revive the smartphone business, but Motorola kept bleeding money.

I see 2016 as the most difficult year since Lenovo became No 1 in the PC market. If it can achieve success in its mobile operations, it will stand tall for many years; if it fails, the company will only be remembered as the last dinosaur of the PC era to drop dead.

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