The chairman of Chinese computer giant
"We will become the number three smartphone player in the world,"
That would put it in position to challenge US tech giant Apple, maker of the iPhone, which is currently the global number two behind
READ: Samsung widens lead over Apple: report
The Chinese firm was ranked fifth in the global smartphone market last year with a 4.5 per cent share, trailing Samsung, Apple, compatriot
But analysts say Motorola is deeply unprofitable with losses approaching
The company announced net profit in October-December -- its fiscal third quarter -- jumped 30 per cent year-on-year to
Yang defended the two rapid acquisitions, saying they presented rare opportunities for the Chinese company.
"We have made a lot of acquisitions before. We know how to manage the integration and products, how to manage the challenge and the risk," he said.
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