When China’s Lenovo Group Ltd. took over fading mobile-phone pioneer Motorola Mobility in October 2014, Chief Executive Yang Yuanqing vowed to restore the brand as a global leader. Addressing staff at Motorola’s Chicago headquarters after the $2.91 billion deal closed, Mr. Yang told them their talents would propel the combined company to global dominance, recall several people who heard him. Together, he noted, the two companies...

Source: Wall Street Journal January 16, 2017 17:00 UTC