Commentary: Open mind necessary to embrace Lenovo-Motorola deal
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E-mail Xinhua, January 30, 2014
With a new red-and-white homepage cover picture centered by a famous "M" logo in the shape of traditional Chinese window paper-cut, Lenovo extends its first embrace to the new family member Motorola Mobility. The amicable combination should also be greeted by blessing rather than doubt by the world.
A day before the eve of the Chinese Spring Festival, Lenovo China surprised its fans by announcing late Wednesday in California the purchase of Motorola's smartphone business from Google Inc. for 2.91 billion U.S. dollars.
It is an opportunity for Lenovo to become "a strong player in the fast-growing mobile space," company CEO Yang Yuanqing said of the eye-catching deal.
But along with attention and applause is some western media's stinginess and suspicion regarding the "continuing expansion" of Chinese firms globally.
China's investments overseas have over the years boomed as a result of Beijing's reform and opening-up policy, as well as the national strategy for domestic companies to explore global market.
It inevitably made destination countries watchful for employment and trade protection concerns. However, it is crystal-clear that Chinese companies' endeavor of "going global," in its essence, seeks to bring about a win-win outcome, while allegations of them penetrating into foreign markets to break balance of jobs or taking advantage of old and famous brands in international mergers for selfish profits are just unfounded.
As reported, Lenovo is not going to cut any Motorola employees after the latest purchase, and Yang said the company is proud to have the whole Motorola team as their "treasure."
Meanwhile, skepticism also emerged related to Lenovo's ability to help recollect the charm of the 85-year-old Illinois-based company that is widely deemed as Google's dismay for the rising deficit and dropping competitiveness and global recognition of Motorola over the years.
For those, they can be assured by Lenovo's wave-creating merger with IBM in 2005 that in the end rejuvenated and diversified the American company's personal computer lines.
Yang said this time, he is also confident that the best of both companies could be combined to deliver lovable products, as well as a growing business.
Globalization allows companies of different backgrounds, histories and cultures to shake hands and exchange experience and expertise in front of opportunities.
Strong innovation power and up-to-date marketing channels of rising companies from emerging markets can add new life to the world's time-honored brands, whose legendary business heritage also means rare fortune in partnerships.
Yet, nothing is achievable without an open, inclusive and generous mind, as well as mutual trust. Endi
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