Lenovo CEO said he can turn Motorola’s fortunes around in just a few quarters

Neither Patents nor the Moto X smartphone saved Motorola.  Google kept burning money on Motorola. It’s like a money pit. However, Lenovo CEO Yang Yuanqing said he can cut Motorolar’s losses within a matter of months, not years. “In a few quarters we can turn around the business,” he told Bloomberg, in a phone interview, following the company’s Q3 earnings announcement. Lenovo Group Ltd posted a 29 percent surge in profit on Feb 13, 2014, expects to end losses at Motorola Mobility. How will Lenovo turn Motorola into a profitable division? The company has a plan:

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