Liu Chuanzhi

Opening two new stores and launching the iPhone 4 on Saturday "We are lucky that Steve Jobs has such a bad temper and doesn't care about China," Lenovo CEO Liu Chuanzhi told the Financial Times in July. "If Apple were to spend the same effort on the Chinese consumer as we do, we would be in trouble."

Comments like that may help explain why Apple has been making extra sure the press knows about every move it makes in China, the world's largest market for cell phones.

Lenovo Thursday announced that it lost nearly $97 million last quarter- and that its CEO will leave the company.

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