iPhone | iPad
Android
Huawei
Al-Najjar, one of the three hospitals in Rafah, is no longer functioning due to the ongoing hostilities in the vicinity and the military operation in Rafah
KT APPDOWNLOAD
Lenovo buying back cell phone business
BEIJING - Personal computer maker Lenovo Group said Friday it is joining the race to develop products that link phones and PCs by buying back a mobile phone business that it sold last year.
Lenovo, the world’s fourth-largest PC maker, sold its mobile unit to focus on computers but said the technologies are now converging, creating a “significant growth opportunity.”
The company, based in Beijing and in Morrisville, N.C., said it paid $200 million in cash and stock to acquire its former mobile phone assets from a group of Hong Kong and other investors.
“The Directors now consider that it is appropriate to move aggressively to capture the opportunity in the mobile internet business,” the company said in a statement released through the Hong Kong stock exchange.
Like other computer makers, Lenovo was battered by the global economic crisis and a slump in sales. But the company reported this month its profit for the quarter ending Sept. 30 more than doubled from a year earlier to $53 million.
More news from
The tweet also informed people of the different details that a single ID card can provide
Airport expected to increase its capacity to 25 million passengers annually by 2027
Core taxi segment revenue up 15% year-on-year
The precious metal has climbed approximately 12% this year
Since last month, many residents have resorted to expensive alternatives like taxis, while others endure significantly longer travel times
In authorised school buses, drivers and nannies are trained to conduct thorough checks of the bus before locking and leaving it
Bitcoin’s scarcity remains a key driver of its value, attracting long-term investors