Motorola Phones From Lenovo? Investors Aren't Impressed

Photograph by Mike Fuentes/Bloomberg

In his Super Bowl commercial, Bob Dylan had some advice for U.S. consumers: “Let Asia assemble your phone.” No doubt Lenovo Chief Executive Officer Yang Yuanqing couldn’t agree more. He’s hoping Americans will be willing to buy smartphones from Lenovo, which last week unveiled a $2.9 billion deal to leapfrog the Chinese PC company into the top tier of phonemakers by agreeing to purchase Motorola Mobility from Google.

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