Chinese laptop, PC, and handset manufacturer Lenovo (0992.HK) today announced it is establishing a new business group, the Mobile Internet and Digital Home Business Group (MIDH). The group is responsible for creating mobile internet-focused devices, including tablets and smartphones, as well as devices for new categories like cloud computing, smart TVs and the digital home. The group will be responsible for developing services and applications that will fuel these next generation convergence devices.
Liu Jun, formerly senior vice president and president of Lenovo's Product Group, will lead the new group as president. He is based at the company's China headquarters in Beijing. Peter Hortensius, formerly head of its Think Product Group, will become president of its Product Group. He is based at Lenovo's U.S. headquarters in Raleigh, North Carolina.