What role does the government play in the push by Chinese companies to go global?
I don’t know [about other companies]. For Lenovo, this is purely a commercial and business decision. We did a very careful study, and we believe that the PC business is a scale business. We had 30% of market share in China and were profitable and dominant. [We had to think about] what was next to maximize return to shareholders. [It] was a very industry-driven decision. Q: But you do have a large state shareholder. A: From the day this company was set up 20 years ago, [it was decided it was] best that our major shareholder never manage us, or interfere in commercial decisions. [Our former] chairman said being a daughter-in-law staying with her parents in-law is a torture. We have an open-minded and very supportive commercial-oriented parent-in-law. For example, [look at] our decision to list in Hong Kong. We were very profitable then so why would [Legend] want to dilute their control from 57% down to 40%? The answer was new investors — international investors who would help us have be
