Lenovo Group News
It is not known whether the device would be launched in India.
China`s Lenovo Group is ready to break into mature markets this summer with the launch of its new smartphone which sports `augmented reality` features developed under Google`s Tango project, its chief executive said on Tuesday.
A US appeals court appeared skeptical of mobile phone maker Motorola Mobility`s attempt to sue several Asian suppliers for price-fixing, signaling a possible blow to the reach of US antitrust law overseas.
The Beijing-based company now has a PC market share of 20 percent and has extended its lead over Hewlett-Packard Co and Dell Inc, according to IDC research.
The closing purchase price is lower than the $2.3 billion valuation announced in January.
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