Lenovo sells mobile phones division for $100 million

By Stefan Constantinescu on Thursday, January 31st, 2008 at 11:02 AM PST In Lenovo

Lenovo makes mobile phones, you probably didn’t know that however and that is why they never made any money. In a move that surprised no one they’ve decided to get rid of their mobile phones unit for a cool $100 million; Hony Capital is the buyer.

[Via: The New York Times]

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2 Comments on “Lenovo sells mobile phones division for $100 million”

1. James says:

   January 31, 2008 at 11:55 AM

   Interesting choice of picture: The first touchscreen S60 phone if I’m not mistaken.

   Reply
2. Stefan Constantinescu says:

   January 31, 2008 at 12:00 PM

   i’m glad you picked up on that.

   Reply

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