Lenovo is one of the world’s leading personal technology companies, producing innovative PCs and mobile internet devices. Lenovo has grown faster than the market for more than four years because our exceptionally engineered products are meant for those who do. Our customers use innovation to bring progress to the world, and we design and build our products with this in mind, taking inspiration from the drive and imagination of the people who make things happen. Our technology helps those who do, do better. And Lenovo has continued its rapid growth into new personal technologies with its July 2014 acquisition of Motorola Mobility. By adding Motorola, Lenovo not only becomes the world’s third largest smartphone company, but also further strengthens its innovation leadership. Motorola’s more than 2,000 engineers and technical experts are industry leaders, responsible for thousands of patents. Whether a PC, smartphone, tablet, smart TV, server, workstation or storage, Lenovo makes the products that customers need, whether smart connected or infrastructure devices Lenovo is creating real differentiation from the competition thanks to its vertically integrated end-to-end business model. This model is unique among major technology companies and is a significant source of competitive advantage, helping us to bring more innovation to market, more efficiently, and aggressively attack the PC+ opportunity. And as Lenovo expands globally, we are establishing even deeper roots in each major market, investing not only in sales and distribution, but also in local domestic manufacturing, R&D and other high-value functions. This global reach with local excellence is enabling us to build a new kind of company – a “global-local” company – and positions us to more deeply implement our protect and attack strategy and build the foundation for long-term success.