Acquisition of Motorola to fuel sales of smartphones: Lenovo CEO

Lenovo Group Ltd has set a goal of 100 million smartphone and tablet sales in its new fiscal year, a company executive said on Tuesday.

The world's largest personal computer maker is eagerly expecting its mobility team to bring home profits as the global PC market continues to show no signs of recovery.

Yang Yuanqing, the CEO of Lenovo, said the acquisition of Motorola Mobility will fuel its sales in the smartphone market once the deal is closed sometime between July and September.