Friday, March 29, 2013

Lenovo Reportedly Looking To Buy NEC's Mobile Phone Business

Lenovo Reportedly Looking To Buy NEC's Mobile Phone Business

When it comes to buying smartphones, brands like Apple, Samsung, LG, Motorola, and HTC come to mind. While other manufacturers like Lenovo have smartphones of their own, they do not have the same amount of clout other manufacturers do, but perhaps that might change in the future should Lenovo combine forces with NEC. According a report from Nikkei and confirmed by sources from Reuters, Lenovo is reportedly looking to buy the mobile phone division from NEC. Apparently NEC has not been doing too well in the mobile phone business and are looking to cut their losses.

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