Tag Archives: restructure

Lenovo to split into Lenovo Business Group and Think Business Group, effective in April

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Lenovo to split into Lenovo Business Group and Think Business Group

Lenovo's done pretty well since its acquisition of IBM's personal computer business in 2005, but in an internal e-mail earlier today, CEO Yang Yuanqing admitted that despite some attempt, the Lenovo brand is still only playing well in the mainstream and low-end markets; whereas the Think brand is his company's best asset in the high-end market, and that it is the only brand that can compete with Apple in the high-end market. For the sake of better brand positioning and better efficiency, Yang announced in the same e-mail that his company will split into two new groups: Lenovo Business Group (LBG) and Think Business Group (TBG).

Effective from April 1st, LBG will be headed by Senior Vice President (Mobile Internet Digital Home) Liu Jun to focus on mainstream consumer and business desktops, laptops, and tablets, as well as smartphones and smart TVs. On the other side of the fence, TBG will be led by Senior Vice President (Product Group) Dr. Peter Hortensius to better establish the business-friendly Think brand in the consumer market, as well as continuing to stay ahead of the game in the global commercial business. Yang also pointed out that the recently created enterprise business team and workstation team will be part of TBG.

It'll be a while before we see the fruit of Lenovo's restructure, but it'll sure be interesting to come back to this in a year's time. Alas, we're now further away from ever seeing a ThinkPhone.

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Via: Engadget Chinese

Source: Sina Tech (translated)

Jolla’s Marc Dillon takes over as CEO, Jussi Hurmola to focus on Sailfish

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Jolla's Marc Dillon takes over as CEO, Jussi Hurmola to focus on Sailfish

Following big news from Jolla almost two weeks ago, it's reluctant to go quiet, instead taking to Twitter to announce that Jussi Hurmola is no longer its CEO. This isn't a story of scandal or corporate dissent, but merely a restructuring to allow Hurmola to focus on Sailfish, the MeeGo-based OS currently in development. It's no great surprise that Marc Dillon is stepping up to be the new big cheese -- he's another of the company's founders and was acting COO prior to the shuffle. Sailfish is due to be demoed for the first time in a little over a month, where we imagine Hurmola will be eager to flaunt its progress now that he's managed to palm off all that paperwork.

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Jolla's Marc Dillon takes over as CEO, Jussi Hurmola to focus on Sailfish originally appeared on Engadget on Mon, 15 Oct 2012 16:34:00 EDT. Please see our terms for use of feeds.

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Olympus scales back, shifts focus to turn around fortunes

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Olympus scales back, shifts focus to turn around fortunes

Beleaguered camera maker Olympus vows to shed around 2,700 jobs and heavily restructure its business following a major accounting scandal. That works out that around seven percent of its total global workforce will be cut, with Olympus also aiming to sell unused property and close its Philippines plant over the next two years. The Japanese manufacture will also refocus on profitable imaging, medical and life-science departments -- presumably fields that would-be suitor Panasonic's also interested in.

Update: Or perhaps not.

Olympus scales back, shifts focus to turn around fortunes originally appeared on Engadget on Fri, 08 Jun 2012 03:36:00 EDT. Please see our terms for use of feeds.

Permalink Bloomberg  |  sourceOlympus (translated)  | Email this | Comments