An expensive mistake by Google could turn into a golden opportunity for China's Lenovo Group as it expands beyond its success in the personal computer industry.
Google is ridding itself of a financial headache by selling Motorola Mobility's smartphone business to Lenovo for $US2.9 billion ($A3.31 billion). The recently announced deal comes less than two years after Google bought Motorola Mobility for $US12.4 billion in the biggest acquisition of Google's 15-year history.
While Google Inc is backpedalling, Lenovo Group Ltd is gearing up for a major expansion.
Already the world's largest PC maker, Lenovo is now determined to become a bigger player in smartphones as more people rely on them instead of laptop and desktop computers to go online.
Lenovo already is among the smartphone leaders in its home country, but it has been looking for ways to expand its presence in other markets, especially the US and Latin America. The company had been rumoured to be among the prospective buyers for BlackBerry when that troubled smartphone maker was considering a sale last year.