Consumer Electronics
Lenovo Eyes BlackBerry for Expansion in Mobile Devices
Published:
Last Updated:
Lenovo, the Chinese PC maker, is once again hinting it might like to own BlackBerry (NASDAQ: BBRY). Given the battered Canadian company’s results, it is hard to see the appeal. But Lenovo has no real spot in the smartphone market, which is a vulnerability as it ponders the shift of consumer buying activity from personal computers to handheld devices. Lenovo may believe it needs to take a long shot.
Lenovo, which offers Android-based smartphones, may be in the market for the troubled device maker, according to Lenovo’s CEO. Lenovo executives, less than two months after disavowing rumors that they were interested in buying struggling smartphone maker BlackBerry, reportedly are again raising that possibility.
Lenovo CEO Yang Yuanqing told a French financial newspaper in an interview that was published March 11 that a deal for BlackBerry “could possibility make sense,” though he would first have to assess the market and BlackBerry’s standing in it.
Want retirement to come a few years earlier than you’d planned? Or are you ready to retire now, but want an extra set of eyes on your finances?
Now you can speak with up to 3 financial experts in your area for FREE. By simply clicking here you can begin to match with financial professionals who can help you build your plan to retire early. And the best part? The first conversation with them is free.
Click here to match with up to 3 financial pros who would be excited to help you make financial decisions.
Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.