Lenovo will loan 1.5 billion dollars or 5 billion dollars to buy BlackBerry

"We have to prepare enough fodder for the next step," Yang said. "Tencent Technology Mowgli November 4 compiled China's PC giant Lenovo Group may become the only desktop manufacturer to survive, and for the company, the acquisition of the gas-rich smartphone maker BlackBerry is of some significance. Lenovo, which currently dominates the global desktop and laptop market, is fast disappearing as a smartphone faucet. Lenovo chief executive Yang said last week that the company was aggressively killing into the mobile device market. Before Yang's comments, Chinese media had reported that Lenovo was negotiating with the BlackBerry to consider buying the company at about 5 billion dollars. 2005, Lenovo Group through the acquisition of IBM business has been booming. Lenovo may not pursue a lost business, but the company will pursue a brand that is about to die out. Acquiring the BlackBerry does not mean Lenovo must reinvent the brand, which is likely to be a patent for the BlackBerry. Last month, media reports said Lenovo had signed a confidentiality agreement with the BlackBerry to check the BlackBerry's finances. The only explanation for this is that Lenovo has to conduct due diligence before a formal bid for the BlackBerry. According to Reuters, Lenovo will borrow about 1.5 billion dollars from banks to complete a deal to buy the BlackBerry. "We have to prepare enough fodder for the next step," said Yang. "Other companies that might bid for BlackBerry include SAP, Facebook and others." Lenovo is now the second-largest smartphone maker in China after Samsung Electronics, which also has about 10% per cent in the south-East Asian smartphone market. In the near future, smartphones and tablets will be the main device Lenovo is pushing outside the US PC market. There is also news that a consortium of Qualcomm, private-equity firm Cerberus and BlackBerry two co-founder Maik Lazaridis Mike Lazaridis and Doug Frien (Doug Fregin) are preparing for the next Monday BlackBerry "inquiry Process" (Go-shop) Submit a takeover offer to the BlackBerry before the deadline. For now, BlackBerry's share price has fallen by 34.54% per cent this year, and the company's share price has slipped more than 80% from its all-time high at its peak. The BlackBerry was once the leading smartphone industry in the world, with Apple's iphone and the listing of smartphones with Google's (microblogging) Android operating system making the company's market share decline. The BlackBerry's previous earnings showed a 45% per cent drop in revenues in the previous quarter and a net loss of $965 million as a result of the inventory costs generated by the flagship smartphone. The BlackBerry also announced that it would lay off 4500 people worldwide in an effort to restore profits by cutting spending.