Iccellphone

Lenovo mobile was Lenovo’s business,and now the Lenovo is going to buy the business back.The Lenovo is planning to buy the Lenovo mobile back at a price of $200 million in both stock and cash.

Back to last year,the Lenovo mobile was sold to a group of investors by Lenovo.And now the company just wants to buy it back.The company declaims that they will get over 700 million mobile phone users on Chinese market after the purchase.

So,it should be understood when you see some Lenovo mobile phones at the local stores.And it is sure that Lenovo will release some cellphones next year.

Tags: Business, Chinese market, investors, mobile business, stock