Lenovo may be considering an executive shakeup this year
If all else fails, a change of leadership can sometimes turn a company around. Lenovo is currently the largest PC manufacturer in the world - or second, depending on who you ask - and most of its divisions are in the black as of this past fiscal quarter. Its smartphone division, however, has been so incredibly unprofitable that it's dragging down all of Lenovo's other successful arms. Additionally, Lenovo has been slowly losing its top spot in the PC market to HP despite the healthy numbers.
The unsuccessful Motorola smartphone business cannot continue indefinitely. Current Lenovo CEO and Chairman Yang Yuanqing has been at the helm since 2009 after CEO Bill Amelio stepped down due to deep losses during the global economic crisis. Yuanqing's leadership has been responsible for Lenovo's strong PC arm, but he was also integral in the acquisition of Motorola Mobility in 2014.
The successor to Yuanqing could be Liu Jun who is currently Executive VP of Lenovo's own smartphone division. Should a reshuffling occur, it could be a drastic change in how Lenovo will handle consumer smartphones moving forward.
Lenovo unveiled the Moto Z flagship smartphone for North America at Tech World 2016 in San Francisco, but the manufacturer has skipped the event altogether this year and instead announced the Moto Z2 Play to much less fanfare.
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