(Chicago’s) Motorola Mobility to be bought by China's Lenovo
Chicago Tribune, January 30, 2014 Pg. 1
"’We acquired it to grow it, and make it bigger and stronger,’" said Lenovo’s chief technology officer.
Why grow it? Why make it bigger and stronger? Is anything ever enough?
-See Are You a Capitalist?
"’We are buying this business, we are buying this team because we believe they are a treasure,’ Yang Yuanqing, Lenovo's chairman and CEO, said in a conference call.”
Don't you have a treasure? Why don't you share it rather than buy another?
“’Such foreign direct investment ‘means more money coming into the city,’ said Ivo Daalder…president of the Chicago Council on Global Affairs.”
Really? Isn't money “coming into the city” as an excavator moves into a mining site? Capital is an absentee slumlord.
"Motorola's rich history was part of the appeal for Lenovo."
I thought China had a history.