Lenovo chief draws road map for global top slot

The company's research facility is responsible for drawing up a route map for technology development over the next five years. Lenovo encourages lower-level staff to come up with out-of-the-box ideas. Employees from other departments can contribute to the design process.

Lenovo said it spends $1.7 billion annually in research and development. Its investment in innovation will increase by more than 20 percent year-on-year.

Yang said Lenovo's 8,000 developers and engineers in China, the US, Japan, Europe and other regions gave him confidence to advance into international markets, selling products with higher technology value.

Earlier this month, Lenovo revealed the next-generation flagship wearable and smartphone it will introduce in the global market. The Moto 360 smartwatch and Moto X Style pamphlet boast ultramodern features such as always-on voice assistance and a 21 megapixel camera.