Tuesday, May 30, 2017
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
Google Teams Up With Sharp to Advance Adoption of LCDs in VR
ASUS Introduces X299 Based Motherboards at Computex
Samsung Electronics Is Considering Adding Second 3D NAND Line in China
New 4GHz Predator DDR4 Memory Debuts at Computex 2017
ARM Launches New Cortex A75, A55 and Mali-G72 Processors to Power AI, VR Mobile Tech
ASUS Presents New ZenBook and VivoBook Laptops at Computex 2017
New Toshiba XG5 of NVMe SSDs are Using 64-Layer 3D Flash Memory
Sharp's President Confirms US Panel Plant Plan
Active Discussions
Which of these DVD media are the best, most durable?
How to back up a PS2 DL game
Copy a protected DVD?
roxio issues with xp pro
Help make DVDInfoPro better with dvdinfomantis!!!
menu making
Optiarc AD-7260S review
cdrw trouble
 Home > News > Mobiles > Lenovo ...
Last 7 Days News : SU MO TU WE TH FR SA All News

Friday, March 29, 2013
Lenovo Rumored To Take Over NEC's Mobile Phone Business


NEC has been reportedly in talks to sell its mobile phone unit Lenovo Group Ltd , a Reuters' source said on Friday.

"Amid the rapidly changing market we are considering a number of ways to bolster the competitiveness of our mobile phone business, but nothing has been decided," NEC said in a statement through the Tokyo Stock Exchange on Friday in response to the media reports.

NEC is facing strong competition by Samsung and Apple. The company has reported two years of losses and is shedding assets to bolster profitability.

Last October, NEC cut its mobile phone sales target for the year ending March to 4.3 million from a previous estimate of 5 million units.

Lenovo, which is already NEC's personal computer venture partner, has been also rumored to consider buying Blackberry in the past.

Reuters' sources added that NEC is also in talks with potential domestic buyers.

In related news, Lenovo is considering getting into into the chip design business with a focus on smartphones and tablets, EE Times reported today.

The company plans to expand its IC design team to about 100 engineers by the middle of this year, according to a China-based industry source with direct knowledge of Lenovo?s recruitment of chip designers.

This initiative appears to be driven by the company?s desire to control its own destiny in smartphones and tablets.


Previous
Next
Gibson Guitar to Buy TEAC        All News        Facebook Teases With Android-related Product Announcement
Toshiba to Launch Full-HD, 1.12 Micrometer, CMOS Image Sensor For Mobiles     Mobiles News      Facebook Teases With Android-related Product Announcement

Get RSS feed Easy Print E-Mail this Message

Related News
Lenovo Returns to Profitability
Lenovo Unveils New IdeaPad Laptop Family
Part Laptop, Part Tablet, The Lenovo Flex 11 Represents a New Generation of Chromebooks
Lenovo Makes Pro Virtual Reality Accessible With the ThinkStation P320
TAG Heuer Connected Modular 45 Smartwatch Costs $1,600, Has An Intel Mobile Chip Inside
MWC: Lenovo Showcases The Detachable Miix 320, New Yoga 720 and 520 Convertibles And The Tab 4 Series
New Budget-friendly Moto G5 and G5 Plus Come With Metal Designs
Lenovo 3Q Profit Fell On Weak Macroeconomic Environment
Lenovo Announces New Low Temperature Solder PC Manufacturing Process
Lenovo Showcases New Products and a VR-ready Mobile WorkstationAt SOLIDWORKS World 2017
New Lenovo Yoga A12 Android Tablet Offers Productivity At A Good Price
Lenovo at CES 2017

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2017 - All rights reserved -
Privacy policy - Contact Us .