Posted Jan. 7, 2013 at 12:36 p.m.

Premium Lock Lenovo counting on smartphone profits in China to fund expansion

Published: 2013-01-07 12:36:00
Updated: 2013-01-07 12:36:00

Lenovo's Lephone Lenovo's Lephone from its new Web site for apps. Image 1 of 2 · Next Image…

Lenovo's smartphone business in China is about to turn its first profit, enabling the company to expand margins even while funding a handset push in emerging markets, Chief Executive Officer Yang Yuanqing says....

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