BEIJING/HONG KONG -- Chinese personal computer maker Lenovo Group has put together an impressive streak of acquisitions over the last decade. It took over IBM's PC business. It snapped up German electronics manufacturer Medion, while buying out the stake of its Japanese partner NEC in a joint PC venture. All these takeovers have helped Lenovo's transformation from a small Chinese electronics company into the world's largest PC maker by units shipped.


But Lenovo's purchase of fading U.S. mobile phone maker Motorola Mobility has raised doubts that all of its takeovers meet with success.