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Lenovo admits mobile weakness, says it hasn’t capitalized on Motorola acquisition

For the full fiscal year, the pretax net loss at Lenovo’s mobile unit, which includes TVs and tablets, grew to $644 million compared with a $370 million loss in FY2015, on a revenue gain to $9.8 billion from $9.1 billion.

“Lenovo said that in its mobile unit, “integration efforts did not meet expectations” as it failed to capitalize on its earlier acquisition of Motorola Mobility.”

Read More at Mobileworldlive