Lenovo Group buys back handset business, and its sales will exceed PC

View the latest quotes Lenovo Group announced today that it will buy back handset maker Lenovo Mobile. The middle is chief executive Yang.　　(Source: Sina financial Lu Changyue) January 22 Morning News, Lenovo Group (00992) announced today will buy back handset manufacturers Lenovo Mobile, expect the mobile phone business will become the future business growth of new power. Lenovo Group held a shareholder meeting in Hong Kong this morning to obtain shareholder approval for a 200 million dollar purchase of Lenovo Mobile, the handset maker. "While Lenovo's smartphone is in its infancy, we expect the future of mobile phones to be a new driver of corporate profitability," said chief executive Yang. He revealed that Lenovo's current annual PC sales of about 15 million units, mobile phones 700 to 8 million.　　With the launch of the new smartphone, Yang expects future handsets to be sold more than the PC. Lenovo Group will be the first in China this May the new smart phone "Le phone", the initial cooperation of the operators for China Unicom. In addition, the Smart notebook computer "Skylight" will be launched in April in the United States, IdeaPad U1 dual-mode notebook computer launched at the end of this year. These new products are not yet priced, "but the prices are very competitive."　　"said Yang. To focus on the computer business, Lenovo had sold Lenovo Mobile to investors such as its parent company's private-equity subsidiary in March 2008 at a price of 100 million dollars. (Yuet from Hong Kong)