Lenovo China restructures to become more customer-centric

Electronics firm Lenovo China will restructure its businesses to become more customer-centric. The move follows a slew of recent reorganization announcements by Chinese tech companies including Baidu and TCL.

According to an internal email written by Lenovo China President Liu Jun, the company will reorganize to focus on three areas: commercial customers, small- and medium-sized enterprises, and consumers. Liu, who is also executive vice president for Lenovo, said the company’s China division had seen marked growth over the last year. A Lenovo representative confirmed the authenticity of the email to TechNode

Last May, company CEO Yang Yuanqing told reporters that Lenovo’s phone business “has sunk to the bottom.” Earlier in the month, the company had also been removed from Hong Kong’s Hang Seng Index after a steep drop in value. But by late September, Lenovo’s shares had risen 42% again, outperforming all other Chinese tech stocks.

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