NEC looking to hawk mobile division to PC partner Lenovo, says Bloomberg

Though we don't get to see its smartphone wares too often stateside or in Europe, NEC has always said its mobile division was a big part of its business. Now it looks to be trying to fob that arm off to PC venture partner Lenovo, according to unnamed Bloomberg sources. The Japanese company is also said to be eying potential domestic buyers, and Reuters recently reported that it's selling retail subsidiary NEC Mobiling to the tune of $850 million. The move is said to be in the works to bolster profitability after two straight years of smartphone operation losses and 10,000 layoffs, but as always, such unattributed material needs to be digested with beaucoup salt.

Filed under: Cellphones, Mobile, Lenovo

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Source: Reuters