Was the Lenovo-Motorola merger a shotgun marriage? It certainly caught many people by surprise when it was announced on Wednesday and now Lenovo CEO Yang Yuanqing tells The Wall Street Journal that his company doesn’t “have an effective plan yet” to return Motorola to profitability. Nonetheless, the executive tells the Journal that his company “can make money” on Motorola because “we definitely have that kind of confidence to turn around the business, and to expand the business.” Lenovo, which was one of the few PC OEMs to actually see its PC sales increase last year, wants to make a big splash in both American and European smartphone markets this year. The company has already had terrific success selling Android handsets in China and the latest numbers from IDC show that it’s become the No. 5 smartphone vendor in the world.
On Wednesday night, Google announced it is selling off Motorola Mobility to Lenovo for just $2.91 billion, a couple of years after acquiring the business for $12.5 billion. On the surface it looks like a massive loss for Google, but after taking a deeper dive, this might actually be a great deal after all. More →
In an unexpected move, Google on Wednesday announced that it sold Motorola Mobility to Lenovo for close to $3 billion, although the Search giant will still keep some parts of Moto, including the patents it acquired to defend Android. However, Lenovo may also walk away with a perk of its own, an inclusion in the Nexus family, if one of Eldar Murtazin’s newest tweets is to be believed. More →
Google won’t have the Motorola albatross hanging around its neck for much longer. Unnamed sources tell Reuters that Chinese computer vendor Lenovo is close to buying Motorola Mobility from Google for around $3 billion, which backs up a similar report from China Daily claiming that Lenovo would buy the one-time mobile phone titan for $2 billion. Although we don’t know when a deal to buy Motorola will be finalized, Reuters‘ sources say that an official announcement could come as soon as Wednesday. Reuters also says that the deal is expected to include “some” of Motorola’s patents. More →
Lenovo may have been one of the few winners of the great 2013 PC sales crash but that doesn’t mean the company is blind to the writing on the wall, which is why it’s put more of its resources lately into developing Android smartphones. And now CNET reports that Lenovo is planning to aggressively expand its Chromebook lineup this year by launching several new low-cost Chrome OS laptops this summer. More →
Ultra HD has been all the rage at CES once again this year, but much of the coverage has focused on outlandishly expensive televisions that would hardly fit in the average living room. As it turns out, plenty of companies were quietly revealing reasonably sized displays as well, so 9to5Mac assembled a list of a few of the more affordable options for those who want 4K without breaking the bank. More →
Late last year, Lenovo announced that it would be charging into 2014 with a new smartphone strategy that might give the company a much-needed competitive edge. Lenovo didn’t waste any time either — four new smartphones were unveiled on Thursday, each of which will see an international release this year. First up is the Vibe Z, Lenovo’s premiere LTE-enabled smartphone. The Vibe Z features a 5.5-inch, 1080p display, 2.2GHz Snapdragon 800 processor, 2GB of RAM, up to 16GB of internal storage, 13-megapixel rear camera and Android 4.3 Jelly Bean. The Vibe Z will be available in February in Indonesia, Malaysia, Thailand, Saudi Arabia, United Arab Emirates and the Philippines for $549.
The past couple of years have seen tablets compete over which one can deliver the best display. However, the big battle over the next year may be over which tablet can deliver the best battery life, especially once manufactures start shipping more tablets Intel’s low-power Haswell tablet processors. And a new dispatch from Consumer Reports suggests that the next generation of tablets will have battery life beyond anything we’ve ever imagined. More →
One of the biggest surprises in the tech world this year came when Apple decided that it wouldn’t try to attract consumers in emerging markets by releasing a truly low-cost iPhone. Instead, the iPhone 5c that the company launched in September is mostly another high-end smartphone that’s slightly less expensive than the iPhone 5s off-contract because of its older hardware and cheaper plastic casing. Chinese manufacturer Lenovo, which has been the one company to actually thrive during the great PC sales collapse of 2013, now sees an opportunity to deliver to consumers in emerging markets and is planning to target consumers whom Apple has failed to reach with the iPhone 5c. More →
2013 has not been a good year for the PC market but Chinese manufacturer Lenovo has somehow managed to thrive despite facing the same set of challenging circumstances that have crushed OEMs such as Acer and Asus. As ZDNet notes, Lenovo actually grew its desktop PC shipments year-over-year in its second fiscal quarter this year, a pretty remarkable achievement given that overall desktop PC shipments declined by around 6% over the same period. Lenovo shipped a total of 14.1 million PCs on the quarter, which the company says gives it the fastest PC sales growth rate of any major vendor. More →
It looks like Chinese electronics giant Lenovo really was interested in BlackBerry after all. The Globe and Mail reports that although Lenovo was considering making a formal bid for the one-time Canadian smartphone titan, the Canadian government repeatedly told BlackBerry that such a move was a complete nonstarter because of national security concerns. BlackBerry was also seemingly cool to Lenovo’s overtures, mostly because even if the government changed its mind about approving it, it would still take months of review before passing off on a merger. That Ottawa flat-out rejected Lenovo’s bid for BlackBerry isn’t too surprising since BlackBerry is responsible for a lot of critical military and national security communications infrastructure in North America.
Undeterred by another recent tablet announcement, Lenovo has unveiled its own entries into the marketplace — the Yoga Tablet 8 and Yoga Tablet 10. The Yoga Tablet might not have the specs to compete with its competition, but what it lacks in screen resolution and processing power, it makes up for with 18-hour battery life and an adjustable kickstand like Microsoft’s Surface. More →
As we’ve mentioned before, a Lenovo-BlackBerry merger is probably a nonstarter because the Canadian government is likely to block any acquisition of BlackBerry by a Chinese company. So why would Lenovo, which is presumably smart enough to understand this, be willing to make a bid anyway? Forbes contributor Gordon Change theorizes that Lenovo is only bidding on BlackBerry because “the Chinese government wants an excuse to go through BlackBerry’s books so that it can learn as much about the company as it did about Nortel,” and thus give it the ability to hack into the platform for the first time. More →