Google sells Motorola to Lenovo for $2.91 billion

Google is selling Motorola Mobility to Lenovo, giving the Chinese smartphone manufacturer a major presence in the US market. Lenovo will buy Motorola for $2.91 billion in a mixture of cash and stock. Google will retain ownership of the vast majority of Motorola's patents, while 2,000 patents and a license on the remaining patents will go to Lenovo. At the deal's closing, Lenovo will pay Google $660 million in cash and $750 million in stock, while the remaining $1.5 billion will be paid out over three years.

Lenovo CEO Yang Yuanqing said that although his company doesn't have "an effective plan yet," it has confidence that it can turn the currently unprofitable Motorola's fortunes around. Yuanqing also stated that, within a year of the Motorola acquisition, Lenovo expected to sell 100 million smartphones worldwide. In 2013, Lenovo shipped an estimated 45 million smartphones, a 90 percent growth from the previous year.

GOOGLE BELIEVES LENOVO CAN TURN MOTOROLA INTO "A MAJOR PLAYER WITHIN THE ANDROID ECOSYSTEM."

"Lenovo has the expertise and track record to scale Motorola Mobility into a major player within the Android ecosystem," Google CEO Larry Page said in a statement. "This move will enable Google to devote our energy to driving innovation across the Android ecosystem, for the benefit of smartphone users everywhere."

Google initially bought Motorola Mobility for $12.5 billion back in 2012, but it said at the time that it was mainly interested in the company's patent portfolio. Now, Google is offloading its subsidiary's handset business, which has been losing hundreds of millions each quarter since the purchase. Google will hold on to Motorola's ambitious Advanced Technology and Projects group, however, and it previously sold off Motorola's set-top box unit for over $2 billion.

Though patents are a large part of what drew Google's interest to Motorola in the first place, those patents haven't been as helpful as Google initially hoped. Google seems to have highly overvalued Motorola's portfolio, which hasn't been able to bring in nearly as much in royalties as either company seemingly expected. It also hasn't been able to use those patents very aggressively, seeing them fail when used in an attempt to block sales of the iPhone. The entire ownership of Motorola has been something of a headache for Google, and it appears that it's finally time for Google to cut its losses.

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Huawei poses fastest phone in the world

After a preliminary picture leaked of the Chinese company Huawei last week to its mysterious apparatus, here is the company disclose the details of this exciting device, but reveal him in front of everyone at the International Conference for mobile phones in Barcelona MWC 2012.

He is the Ascend D quad device, which is the fastest mobile phone in the world until now, thanks to what it contains compounds of technological and technical specifications.

But before going into the specifications note that character D in name refers to the word Diamond (Jewel), which is a chain that the  Chinese company seeks to launch through it a series of devices are the fastest in the world and lined central classiest smart devices in the world and is intended for affluent as it contains specifications and bounds.

The processor of this device is a quad-core frequency speed of 1.5 GHz, a Huawei company industry and, according to the Chinese company, this processor is 49% faster than the rest of approved treatments in other devices, which are the fastest devices in the world.

In terms of exterior design The equipment does not seem different from his predecessor, who was unveiled in Las Vegas and was the Ascend P1 S which reached a thickness 6.68 mm while the thickness of the device that we are dealing with now is 8.9 mm, and will be equipped with a 4.5 inches screen and the RAM it’s one GB Add to Rear Camera quality 8 mega pixel camera with lighting dual flash and video capture accurately 1080P HD and front camera quality 1.3 mega pixel camera while the memory storage is 8 GB and the device supports Dolbi Surround 5.1 and also supports a technology called EarSmart which is based on audio files purification of noise in addition to the 1800 mAh battery, and, of course, undoubtedly, the device works with the Android 4.0 -" Ice Cream Sandwich. "

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