Lenovo To Buy Back Mobile Operations For US$200 Million In Cash, Shares
The world's fourth-largest PC maker by shipments said the acquisition will position it to take advantage of the opportunities for growth in China's mobile internet market.
Lenovo sold Lenovo Mobile to its parent in 2008 to return its focus to the personal computer business.
On Friday, Lenovo said Lenovo Mobile has noticeably improved its financial position and market presence since 2008.
-By Lorraine Luk, Dow Jones Newswires; 852-2802-7002; lorraine.luk@dowjones.com
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Publié le 27 novembre 2009 Copyright © 2009 Dowjones
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