For the last couple of years, Lenovo has been in hot waters in various countries of the world. Looking at the sales and growth of the company, we can definitely say that it is going through some bad times.
Earlier this year, Lenovo launched Motorola smartphones in Pakistan including, Moto Z, Moto Z Play and Moto Mods which failed to gather much attention of the consumers.
Looking at the impending doom of the company, Yang Yuanqing, CEO of Lenovo has placed an open challenge for himself, vowing to quit the job if he’ll fail to reach the sales target of the company.
Yang not only helped the Lenovo become one of the world’s largest PC maker but also played a crucial role in the acquisition of Motorola and IBM’s low-end server business.
Currently, the company has its eyes on Artificial Intelligence where it plans to invest $1 billion in research to create next generation of intelligent devices.
He wants to transform the sales of the company’s products via JD.com, the second largest online retailer in China, which is also one of the closest competitors of Alibaba.
Yang is confident that he will not be saying goodbye to his beloved job and will achieve his intended sales target. In an interview on Thursday, he said, “I don’t want to step down. I’m confident we can achieve that. That’s not something worrying.”
It is quite interesting to recall that Yang joined the company as sales representative when he was 25 years old where he quickly moved to become the distribution manager and later on, its CEO.