Lenovo Chairman and CEO Yang Yuanqing speaks at the opening ceremony of the World Internet Conference (WIC) in Wuzhen, Zhejiang province, China, November 23, 2020. REUTERS/Aly Song 

Lenovo Chairman and CEO Yang Yuanqing displays Lenovo's foldable PC Thinkpad X1 at Lenovo Tech World in Beijing, China November 15, 2019. REUTERS/Jason Lee 

Lenovo Chairman and CEO Yang Yuanqing displays Lenovo's foldable PC Thinkpad X1 at Lenovo Tech World in Beijing, China November 15, 2019. REUTERS/Jason Lee 

Lenovo Chairman and CEO Yang Yuanqing displays Lenovo's foldable PC Thinkpad X1 at Lenovo Tech World in Beijing, China November 15, 2019. REUTERS/Jason Lee 

Lenovo Chairman and CEO Yang Yuanqing speaks at Lenovo Tech World in Beijing, China November 15, 2019. REUTERS/Jason Lee 

Lenovo Chairman and CEO Yang Yuanqing speaks at Lenovo Tech World in Beijing, China November 15, 2019. REUTERS/Jason Lee 

Lenovo Chairman and CEO Yang Yuanqing speaks at Lenovo Tech World in Beijing, China November 15, 2019. REUTERS/Jason Lee 

Chinese women's volleyball team coach Lang Ping sends a ball to delegates next to Lenovo Chairman and CEO Yang Yuanqing (L) at Lenovo Tech World in Beijing, China November 15, 2019. REUTERS/Jason Lee 

Lenovo Chairman and CEO Yang Yuanqing speaks at Lenovo Tech World in Beijing, China November 15, 2019. REUTERS/Jason Lee 

Lenovo Chairman and CEO Yang Yuanqing speaks at Lenovo Tech World in Beijing, China November 15, 2019. REUTERS/Jason Lee 

Lenovo Chairman and CEO Yang Yuanqing speaks at Lenovo Tech World in Beijing, China November 15, 2019. REUTERS/Jason Lee 

Chinese women's volleyball team coach Lang Ping throws a ball to delegates next to Lenovo Chairman and CEO Yang Yuanqing at Lenovo Tech World in Beijing, China November 15, 2019. REUTERS/Jason Lee 

Lenovo CEO Yang Yuanqing attends the China Development Forum in Beijing, China March 23, 2019. REUTERS/Thomas Peter 

Lenovo CEO Yang Yuanqing attends the China Development Forum in Beijing, China March 23, 2019. REUTERS/Thomas Peter 

Yang Yuanqing, Chairman and Chief Executive Officer of Lenovo smiles during the Mobile World Congress in Barcelona, Spain, February 26, 2018. REUTERS/Yves Herman 

Lenovo Chairman and CEO Yang Yuanqing attends a news conference on the company's annual results in Hong Kong May 26, 2016. REUTERS/Bobby Yip 

Lenovo Chairman and CEO Yang Yuanqing attends a news conference on the company's annual results in Hong Kong May 26, 2016. REUTERS/Bobby Yip 

Lenovo Chairman and CEO Yang Yuanqing attends a news conference on the company's annual results in Hong Kong May 26, 2016. REUTERS/Bobby Yip 

(L-R) Lenovo Executive Vice President and CFO Wong Wai-ming, Chairman and CEO Yang Yuanqing and Corporate President and COO Gianfranco Lanci attend a news conference on the company's annual results in Hong Kong May 26, 2016. REUTERS/Bobby Yip 

Yang Yuanqing, chairman and chief executive officer of Lenovo, speaks during a session of the 2nd annual World Internet Conference in Wuzhen town of Jiaxing, Zhejiang province, China, December 17, 2015. REUTERS/Aly Song 

Yang Yuanqing, chairman and chief executive officer of Lenovo, speaks during a session of the 2nd annual World Internet Conference in Wuzhen town of Jiaxing, Zhejiang province, China, December 17, 2015. REUTERS/Aly Song 

Yang Yuanqing, Chairman and CEO of Lenovo, participates in a panel at the 2015 Fortune Global Forum in San Francisco, California November 2, 2015. REUTERS/Elijah Nouvelage 

Yang Yuanqing, Chairman and CEO of Lenovo, participates in a panel at the 2015 Fortune Global Forum in San Francisco, California November 2, 2015. REUTERS/Elijah Nouvelage 

Yang Yuanqing, Chairman and CEO of Lenovo, participates in a panel at the 2015 Fortune Global Forum in San Francisco, California November 2, 2015. REUTERS/Elijah Nouvelage 

Yang Yuanqing, Chairman and CEO of Lenovo, participates in a panel at the 2015 Fortune Global Forum in San Francisco, California November 2, 2015. REUTERS/Elijah Nouvelage 

Chinese President Xi Jinping (front-row-center), poses for a photo with a group of CEOs and other executives at Microsoft's main campus in Redmond, Washington September 23, 2015. Front row L-R: Facebook's Mark Zuckerberg, JD.com's Liu Qiangdong, Cisco's John Chambers, Alibaba's Jack Ma, IBM's Ginni Rometty, Chinese President Xi Jinping, Microsoft's Satya Nadella, China's Internet czar Lu Wei, Apple's Tim Cook, Tencent's Pony Ma, and Amazon's Jeff Bezos. Middle row L-R: Sohu's Zhang Chaoyang, AMD's Lisa Su, Lenovo's Yang Yuanqing, Microsoft's Harry Shum, Qualcomm's Steve Mollenkopf, CETC's Ziong Qunli, Intel's Brian Krzanich, Qihoo 360's Zhou Hongyi, LinkedIn's Reid Hoffman, and SINA's Cao Guowei. Back row L-R: Sugon's Li Jun, Didi-Kuaidi's Cheng Wei, Broadband Capital's Tian Suning, CEC's Liu Liehong, Baidu's Zhang Yaqin, AME Cloud Ventures' Jerry Yang, Inspur's Sun Pishu, AirBnB's Brian Chesky, and Sequoia Capital's Shen Nanpeng. REUTERS/Ted S. Warren/Pool 

Intel CEO Brian Krzanich (L) presents to Lenovo Chairman and CEO Yang Yuanqing a gift made with a 3D printer with Intel technology, with a portrait of Yang at the Lenovo Tech World in Beijing, May 28, 2015. REUTERS/Jason Lee

Lenovo Chairman and CEO Yang Yuanqing speaks at Lenovo Tech World in Beijing, May 28, 2015. REUTERS/Jason Lee

Lenovo Chairman and CEO Yang Yuanqing (L) takes a "selfie" with Microsoft CEO Satya Nadella (C) and Intel CEO Brian Krzanich at Lenovo Tech World in Beijing May 28, 2015. REUTERS/Jason Lee

(L-R) Lenovo Corporate President and COO Gianfranco Lanci, Chairman and CEO Yang Yuanqing and CFO Wong Wai-ming attend a news conference in Hong Kong, China May 21, 2015. Lenovo Group Ltd, the world's biggest PC maker by sales, said on Thursday its annual net profit rose one percent to $829 million, slightly below analyst expectations, as it completed two major acquisitions during that year. REUTERS/Bobby Yip 

Lenovo Chairman and CEO Yang Yuanqing speaks during a news conference in Hong Kong, China May 21, 2015. Lenovo Group Ltd, the world's biggest PC maker by sales, said on Thursday its annual net profit rose one percent to $829 million, slightly below analyst expectations, as it completed two major acquisitions during that year. REUTERS/Bobby Yip 

Lenovo Chairman and Chief Executive Officer Yang Yuanqing smiles during a news conference announcing the company's annual results in Hong Kong May 21, 2014. China's Lenovo Group Ltd, the world's fourth-biggest smartphone vendor, saw net profit grow 29 percent for the business year ended March, as strong smartphone sales helped shore up weak growth in China. The Chinese personal computer (PC) and smartphone maker aims to sell 100 million smartphones and tablets in the coming year, the company said during a conference call with media on Wednesday. REUTERS/Bobby Yip (CHINA - Tags: BUSINESS SCIENCE TECHNOLOGY TELECOMS) 

Lenovo Chairman and Chief Executive Officer Yang Yuanqing speaks during a news conference announcing the company's annual results in Hong Kong May 21, 2014. China's Lenovo Group Ltd, the world's fourth-biggest smartphone vendor, saw net profit grow 29 percent for the business year ended March, as strong smartphone sales helped shore up weak growth in China. The Chinese personal computer (PC) and smartphone maker aims to sell 100 million smartphones and tablets in the coming year, the company said during a conference call with media on Wednesday. REUTERS/Bobby Yip (CHINA - Tags: BUSINESS SCIENCE TECHNOLOGY TELECOMS) 

Lenovo Chairman and Chief Executive Officer Yang Yuanqing poses with a Lenovo tablet during a news conference announcing the company's annual results in Hong Kong May 21, 2014. China's Lenovo Group Ltd, the world's fourth-biggest smartphone vendor, saw net profit grow 29 percent for the business year ended March, as strong smartphone sales helped shore up weak growth in China. The Chinese personal computer (PC) and smartphone maker aims to sell 100 million smartphones and tablets in the coming year, the company said during a conference call with media on Wednesday. REUTERS/Bobby Yip (CHINA - Tags: BUSINESS SCIENCE TECHNOLOGY TELECOMS) 

Lenovo Chairman and Chief Executive Officer Yang Yuanqing holds a Lenovo tablet during a news conference announcing the company's annual results in Hong Kong May 21, 2014. China's Lenovo Group Ltd, the world's fourth-biggest smartphone vendor, saw net profit grow 29 percent for the business year ended March, as strong smartphone sales helped shore up weak growth in China. The Chinese personal computer (PC) and smartphone maker aims to sell 100 million smartphones and tablets in the coming year, the company said during a conference call with media on Wednesday. REUTERS/Bobby Yip (CHINA - Tags: BUSINESS SCIENCE TECHNOLOGY TELECOMS) 

Lenovo Chairman and Chief Executive Officer Yang Yuanqing (R) gestures beside Chief Financial Officer Wong Wai-ming during a news conference announcing the company's annual results in Hong Kong May 21, 2014. China's Lenovo Group Ltd, the world's fourth-biggest smartphone vendor, saw net profit grow 29 percent for the business year ended March, as strong smartphone sales helped shore up weak growth in China. REUTERS/Bobby Yip (CHINA - Tags: BUSINESS SCIENCE TECHNOLOGY TELECOMS) 

Lenovo Chief Executive Yang Yuanqing attends a briefing at the Mobile World Congress in Barcelona February 25, 2014. Lenovo unveiled three new phones including the S660, S850, S860, all of which come equipped with a quad-core processor, at the mobile industry's largest annual gathering. REUTERS/Gustau Nacarino (SPAIN - Tags: BUSINESS TELECOMS) 

Lenovo Chairman and Chief Executive Officer Yang Yuanqing poses before a news conference on the company's annual results in Hong Kong May 23, 2013. Lenovo Group Ltd's bold acquisitions in its flagship PC business, a foray into mobile gadgets, and a relatively light debt load are setting it apart from PC rivals as industry shipments take their steepest fall in decades. REUTERS/Bobby Yip (CHINA - Tags: BUSINESS PROFILE SCIENCE TECHNOLOGY) 

Lenovo Chairman and Chief Executive Officer Yang Yuanqing smiles during a news conference on the company's annual results in Hong Kong May 23, 2013. Lenovo Group Ltd's bold acquisitions in its flagship PC business, a foray into mobile gadgets, and a relatively light debt load are setting it apart from PC rivals as industry shipments take their steepest fall in decades. REUTERS/Bobby Yip (CHINA - Tags: BUSINESS PROFILE SCIENCE TECHNOLOGY) 

Lenovo Chairman and Chief Executive Officer Yang Yuanqing is surrounded by journalists during a news conference on the company's annual results in Hong Kong May 23, 2013. Lenovo Group Ltd's bold acquisitions in its flagship PC business, a foray into mobile gadgets, and a relatively light debt load are setting it apart from PC rivals as industry shipments take their steepest fall in decades. REUTERS/Bobby Yip (CHINA - Tags: BUSINESS SCIENCE TECHNOLOGY MEDIA) 

Lenovo Chairman and Chief Executive Officer Yang Yuanqing (R) looks on as Chief Financial Officer Wong Wai-ming speaks during a news conference on the company's annual results in Hong Kong May 23, 2013. Lenovo Group Ltd's bold acquisitions in its flagship PC business, a foray into mobile gadgets, and a relatively light debt load are setting it apart from PC rivals as industry shipments take their steepest fall in decades. REUTERS/Bobby Yip (CHINA - Tags: BUSINESS SCIENCE TECHNOLOGY) 

Lenovo Chairman and Chief Executive Officer Yang Yuanqing (R) speaks while attending a news conference on the company's annual results with Chief Financial Officer Wong Wai-ming in Hong Kong May 23, 2013. Lenovo Group Ltd's bold acquisitions in its flagship PC business, a foray into mobile gadgets, and a relatively light debt load are setting it apart from PC rivals as industry shipments take their steepest fall in decades. REUTERS/Bobby Yip (CHINA - Tags: BUSINESS SCIENCE TECHNOLOGY) 

Lenovo Chairman and Chief Executive Officer Yang Yuanqing attends a news conference on the company's annual results in Hong Kong May 23, 2013. Lenovo Group Ltd's bold acquisitions in its flagship PC business, a foray into mobile gadgets, and a relatively light debt load are setting it apart from PC rivals as industry shipments take their steepest fall in decades. REUTERS/Bobby Yip (CHINA - Tags: BUSINESS SCIENCE TECHNOLOGY) 

Lenovo CEO Yang Yuanqing stands after a news conference in Sao Paulo September 5, 2012. China's Lenovo Group Ltd agreed on Wednesday to buy Brazilian electronics maker CCE, as the world's No. 2 PC maker by sales looks toward Brazil's promising consumer market to revive its slowing profit growth. REUTERS/Nacho Doce (BRAZIL - Tags: BUSINESS) 

Lenovo CEO Yang Yuanqing attends a news conference in Sao Paulo September 5, 2012. China's Lenovo Group Ltd agreed on Wednesday to buy Brazilian electronics maker CCE, as the world's No. 2 PC maker by sales looks toward Brazil's promising consumer market to revive its slowing profit growth. REUTERS/Nacho Doce (BRAZIL - Tags: BUSINESS) 

Lenovo CEO Yang Yuanqing attends a news conference in Sao Paulo September 5, 2012. China's Lenovo Group Ltd agreed on Wednesday to buy Brazilian electronics maker CCE, as the world's No. 2 PC maker by sales looks toward Brazil's promising consumer market to revive its slowing profit growth. REUTERS/Nacho Doce (BRAZIL - Tags: BUSINESS) 

Lenovo CEO Yang Yuanqing stands after a news conference in Sao Paulo September 5, 2012. China's Lenovo Group Ltd agreed on Wednesday to buy Brazilian electronics maker CCE, as the world's No. 2 PC maker by sales looks toward BrazilÕs promising consumer market to revive its slowing profit growth. REUTERS/Nacho Doce (Brazil - Tags: BUSINESS) 

Lenovo CEO Yang Yuanqing attends a news conference in Sao Paulo September 5, 2012. China's Lenovo Group Ltd agreed on Wednesday to buy Brazilian electronics maker CCE, as the world's No. 2 PC maker by sales looks toward Brazil's promising consumer market to revive its slowing profit growth. REUTERS/Nacho Doce (BRAZIL - Tags: BUSINESS) 

A girl, sitting atop a display table, plays with an Apple iPad as customers look on at an Apple flagship store in central Beijing March 20, 2011. Lenovo Group Ltd, the world's No.4 PC brand, is confident that sales of its tablet PC will surpass Apple Inc's iPad in China, its chief executive said on Friday. Lenovo, one of the best known brands from China, was also seeking merger and acquisition opportunities in emerging markets and the consumer segment, Yang Yuanqing said in an interview. "We are faring better than them (Apple) in China, be it our products or our channels," Yang said on the sidelines of a meeting of an advisory body to the Chinese parliament earlier this month. Picture taken March 20, 2011. REUTERS/David Gray (CHINA - Tags: BUSINESS SCI TECH) 

Yang Yuanqing, executive director of Lenovo Group Limited, attends the company's annual general meeting in Hong Kong July 30, 2010. Lenovo Group , the world's No. 4 PC brand, said it will roll out its own tablet PC, becoming the latest technology company to jump on the bandwagon for computers styled after Apple Inc's popular iPad. REUTERS/Tyrone Siu (CHINA - Tags: BUSINESS SCI TECH) 

Yang Yuanqing, executive director of Lenovo Group Limited, attends the company's annual general meeting in Hong Kong July 30, 2010. Lenovo Group , the world's No. 4 PC brand, said it will roll out its own tablet PC, becoming the latest technology company to jump on the bandwagon for computers styled after Apple Inc's popular iPad. REUTERS/Tyrone Siu (CHINA - Tags: BUSINESS SCI TECH) 

Lenovo CEO Yang Yuanqing attends a news conference in Hong Kong May 27, 2010. Lenovo, the world's No. 4 PC brand, returned to the black in its fiscal fourth quarter helped by strong growth in its China home market and a recovery in corporate demand, but its earnings lagged expectations as its margins fell. REUTERS/Tyrone Siu (CHINA - Tags: BUSINESS PROFILE) 

Yang Yuanqing (L), Chief Executive Officer of Lenovo, is welcomed on stage by Paul Jacobs, chairman and CEO of Qualcomm, during Jacob's keynote speech at the 2010 International Consumer Electronics Show (CES) in Las Vegas, Nevada January 8, 2010. REUTERS/Steve Marcus (UNITED STATES - Tags: BUSINESS SCI TECH) 

Lenovo Chief Executive Yang Yuanqing holds a Lenovo LePhone at the 2010 International Consumer Electronics Show (CES) in Las Vegas, Nevada January 8, 2010. REUTERS/Steve Marcus (UNITED STATES - Tags: BUSINESS SCI TECH) 

Lenovo Chief Executive Yang Yuanqing (L) watches as Paul Jacobs (C), chairman and chief executive of Qualcomm, tries out the Lenovo Skylight Smartbook powered by Qualcomm's Snapdragon platform at the 2010 International Consumer Electronics Show (CES) in Las Vegas, Nevada January 8, 2010. REUTERS/Steve Marcus (UNITED STATES - Tags: BUSINESS SCI TECH) 

Lenovo CEO Yang Yuanqing attends a news conference in Hong Kong May 21, 2009. Lenovo Group Ltd on Thursday posted a second straight quarterly loss due to restructuring costs, dragging its full-year earnings into the red, with a forecast of more difficulties this year because of the global economic downturn. REUTERS/Bobby Yip (CHINA BUSINESS SCI TECH) 

Lenovo CEO Yang Yuanqing attends a news conference in Hong Kong May 21, 2009. Lenovo Group Ltd on Thursday posted a second straight quarterly loss due to restructuring costs, dragging its full-year earnings into the red, with a forecast of more difficulties this year because of the global economic downturn. REUTERS/Bobby Yip (CHINA BUSINESS HEADSHOT SCI TECH) 

Lenovo Chairman Liu Chuanzhi (R) listens to CEO Yang Yuanqing (L) during a news conference in Hong Kong May 21, 2009. Lenovo Group Ltd on Thursday posted a second straight quarterly loss due to restructuring costs, dragging its full-year earnings into the red, with a forecast of more difficulties this year because of the global economic downturn.REUTERS/Bobby Yip (CHINA BUSINESS SCI TECH) 

Lenovo's president and CEO William Amelio (R) poses with chairman Yang Yuanqing in front of a Forbes Magazine cover during a news conference in Shanghai December 9, 2008. Lenovo Group, the world's No. 4 personal computer maker, expects more consolidation in the PC industry in the current downturn but is open to acquisitions, its chief executive said on Tuesday. REUTERS/Aly Song (CHINA) 

Lenovo Chairman Yang Yuanqing attends a news conference in Shanghai December 9, 2008. Lenovo Group ,the world's No. 4 PC maker, posted a sharp drop in quarterly profit and warned of tough conditions as consumers and businesses cut back on technology spending, sending its stock down 20 percent. REUTERS/Aly Song (CHINA)