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4-Traders Homepage  >  Equities  >  Stock Exchange of Hong Kong  >  Lenovo Group Limited    0992   HK0992009065

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Lenovo : Moto By Lenovo Set To Replace Motorola

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05/30/2016 | 11:29pm CEST

The name Motorola is iconic in the tech industry due to its rich history. However, Motorola has not being doing well financially and this is beginning to hurt parent company Lenovo. The China-based tech giant revealed earlier today that they have decided to ditch Motorola in favour for something new.

In detail, Lenovo shared that they will renaming Motorola to Moto by Lenovo. The name update will give the brand a fresh new identity and a brand new look so that it can embark on a new journey in the tech market. Lenovo believes that it is a necessary procedure as keeping the Motorola name is not doing the bank statements any good.

Lenovo concluded by saying that Moto by Lenovo will be used as a badge on their future flagship products. What do you think?

(c) 2016 Emirates News Agency (WAM) Provided by SyndiGate Media Inc. (Syndigate.info)., source Middle East & North African Newspapers

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