rajeev bajpai: Advice to LNVGY.PK - concentrate on increasing distribution/penetration in China, take the model to BRIC, decrease investments in US/Europe
Friday 07:47 am Lenovo (LNVGY.PK) plans to buy back Lenovo Mobile Communication Technology, a mobile handset maker it founded in 2002, for $200M in cash and stock - double the price it sold the unit for in Jan. 2008. The move will help diversify Lenovo's business, which is currently concentrated heavily on PCs. (PR)
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