Google buys Motorola. Lenovo buys Motorola from Google. Google buys stake in Lenovo.
As part of the deal to sell Motorola to Lenovo for $2.91 billion, Google will also be receiving a 6% stake in Lenovo. That 6% stake is worth $750 million.
Honestly, Google is sneaky. Letting go without really letting go. Think of the different scenarios that can play out from this. One hint: Google has its eyes on the Chinese market. Yes; that Eastern country to which the smartphone pillar of fire moved from the US.
Founder of MobilityArena. Yomi’s journey in mobile started in 2001. Besides obsessing over mobile phones, he also started creating WAP sites (early mobile-friendly websites created with WML). He began writing about phones in 2004 and has been at it since then. He has owned over 200 devices, from Symbian, Palm, PocketPC/Windows Mobile, BlackBerry/BB10, webOS, Windows Phone, Firefox, Ubuntu Touch, to Android, iOS, and KaiOS operating systems.