Lenovo’s Mobile Profits Are a Bit of a MirageMore

(Bloomberg Opinion) — I ought to give credit where it’s due.

Four years after closing its acquisition of the Motorola phone brand, Lenovo Group Ltd. has finally posted a profit in its mobile-phone business. That’s a feat worthy of acknowledgement, so here you go Lenovo: “Well done.”

OK, now on to reality.

“We believe with Lenovo’s scale and our operational excellence, we are confident to turn this business around

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