Posted Jan. 31, 2014 at 11:36 a.m.

Premium Lock Yang Yuanqing: Driving force behind $5B transformation of Lenovo

Published: 2014-01-31 11:36:16
Updated: 2014-01-31 11:36:16

""YY" - Yang Yuanqing - keeps growing Lenovo ""YY" - Yang Yuanqing - keeps growing Lenovo, his latest efforts focused on smartphones and servers. (Photo courtesy Lenovo) Image 1 of 4 · Next Image…

Lenovo employees call their boss "YY." That's easier to pronounce within the international company of multiple languages and cultures than "Yang Yuanqing." In the past week,Yang, who over the past nine years has become a household name in the world of computers and technology, has raised his own profile even higher as well as that of the world's No. 1 PC manufacturer. In deals to buy a big part of IBM's server business (which includes some 2,000 RTP employees) and Google's Motorola Mobility smartphone business, he is taking the company from 33,000 to 44,000 employees, expanding annual revenues by nearly $10 billion (even though both business units to be acquired are ailing financially), and making Lenovo an instant player in the global smartphone and server markets. The moves are all part of his "PC Plus" strategy to migrate Lenovo away from reliance on PCs. Recent events have triggered a series of stories about him, including Bloomberg news and The Wall Street Journal. Says Bloomberg: "Yang Yuanqing is showing his global ambition." Indeed....

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