It became known that the company Lenovo going to buy from Honey Capital the unit that once belonged to her Lenovo Mobile Communication Technology. Thus, the Chinese manufacturer is going to return to the mobile phone market.
As you know, at the end of 2008 Lenovo sold its business of communicators and smartphones, as it was still unsteady on its feet and the unprofitable division interfered with its development. Then, selling Lenovo Mobile Communication Technology for 100 million US dollars, the company completely abandoned the production of communicators.
But not for long. As became known, Lenovo began negotiations to buy back its division. Now we have to pay 200 million dollars. As expected, the company plans to resume the production of mobile devices focused on the Internet. No details have been announced yet.