Lenovo to buy back mobile phone business

Lenovo, the world's fourth-largest PC manufacturer, has announced today that it will be purchasing back its recently sold mobile phone business, in an effort to push into the smartphone market. The company had sold the unit last year for $100 million USD to focus more on PCs but now that the "technologies are now converging," says the AP, the mobile business area is creating a "significant ... [ read the full article ]