Lenovo’s Yang to End Losses at Motorola in Six Quarters

Lenovo Group Ltd., which is buying Motorola Mobility from Google Inc., plans to make the phonemaker profitable within four to six quarters without eliminating jobs, Chief Executive Officer Yang Yuanqing said.

“Don’t be scared by the $1 billion-a-year loss,” Yang, 49, said in an interview at the Mobile World Congress in Barcelona yesterday. “We will improve that even from day one. Google is very good at software, ecosystems and services. But we are stronger in the manufacturing of devices.”