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Thursday, January 24, 2013

Lenovo is making money selling handsets in China

Lenovo is making money selling handsets in China: Chinese manufacturer Lenovo is in the black selling handsets in China according to an executive who spoke on Wednesday and the reason for the surprise is that back in November, Lenovo CEO Yang Yuanqing had said that the cost of marketing and building out sales channels would keep the company from making money on its handsets for two to three more quarters...

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