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Lenovo begins $200M buyback of Lenovo Mobile
Of the many trends in consumer electronics, today's announcement by Lenovo highlights two of the biggest: 1) PC makers are desperate to get in on that handheld smartphone action, and 2) China is the place to do it with its 700 million mobile subscribers. That's why Lenovo is putting up $200 million in cash and stock to reacquire its former mobile business sold to a group of investors last year; a move made possible by Lenovo's recent return to profitability. Although Lenovo says its focus will be on the Chinese market, don't be surprised when you see Lenovo branded handsets headed to downtown stores or your favorite high-street shops -- assuming the deal passes shareholder approval, of course.
Lenovo's P960 handset packs a fingerprint scanner
Samsung's P960 handset has a built-in DVR, while Lenovo's P960 includes a fingerprint scanner. Pointless trivia aside, the latter is also Lenovo's first commercial mobile phone to incorporate fingerprint biometrics. Atrua Technologies has provided a fingerprint scanner that resides on the handset's edge in order to provide additional security for folks (read: cheaters, FBI agents and Segway users) who simply cannot afford to let their contact list be known. Even dodgier, the phone has a VIP recording feature which "automatically records calls from designated numbers" -- something that's sure to provide hours upon hours of merriment. We'd bemoan the fact that pricing information isn't readily available, but we just can't get over that whole automatic recording thing.
