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Lenovo Ceo Hopes U.s.-China Cyber-Theft Case Will Not Affect Ibm, Motorola Deal Approval

Ron Burgundy

By Ron Burgundy,
in Tech News

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Ron Burgundy

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Lenovo Chairman and CEO Yang Yuanqing smiles during a news conference announcing the company's annual results in Hong KongLenovo Group Ltd should not be affected by tensions between Beijing and Washington over the U.S. indictment of five Chinese military officers for cyber-theft against American companies, said Chief Executive Yang Yuanqing in a telephone interview with Reuters on Wednesday. Lenovo agreed to acquire IBM Corp's low-end server business and Google Inc's Motorola Mobility smartphone unit in two separate deals worth a total of $5.2 billion, both of which will require U.S. government approval. "I don't think (the cyber-theft case) will impact Lenovo's business," said Yang.




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