Lenovo in talks to acquire NEC mobile phone subsidiary

With global smartphone shipments closing in on one billion units this year, Chinese technology giant Lenovo may be looking to an ally to help expand its mobile-phone operations.

Lenovo, the world's second-largest supplier of personal computers, is negotiating with Japan's NEC Corp to buy its struggling handset subsidiary, NEC Casio Mobile Communications.

via Business feed http://www.scmp.com/business/companies/article/1202850/lenovo-talks-acquire-nec-mobile-phone-subsidiary