Lenovo to Bring Motorola Smartphones Back to China
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Lenovo Group Ltd. will bring Motorola phones back to China in the first quarter, reintroducing the brand to the world’s largest market after an absence of more than two years. Shares rose the most in almost four months.
The Moto X will be sold in February, with the Moto X Pro and Moto G to follow later, Motorola spokesman William Moss said in phone interview today. Lenovo completed the $2.91 billion purchase of Motorola Mobility from Google Inc. in October.