Filed under: Cellphones

Believe it or not Lenovo makes cellphones, too — they just happen to be crappy ones you probably didn’t pay much attention to since they were mostly targeted at the Chinese market. Like many before it, the company is getting out of the absurdly competitive handset market by selling its cellphone group to private equity firm Hony Capital (that’s Hony, not Sony) for a cool $100m. [Warning: subscription required for read link]

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This entry was posted on Thursday, January 31st, 2008 at 11:36 am and is filed under Technology news. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.