Lenovo Restructures China Business

Lenovo Group Ltd. has announced plans to restructure its China business to deal with the ever-changing personal computer industry. Lenovo Chair Yang Yuanqing notes that his company will organize itself into two separate categories: a consumer-focused division of PC and smart devices and a data center group. “China has the fastest-changing smart devices market. In order to take advantage of the opportunities in China, we will take the steps to restructure our business here,” notes Yang.