Lenovo still interested in BlackBerry buyout

Lenovo CEO Yang Yuanqing has stated that a possible buyout of BlackBerry would 'make sense' for the Chinese PC manufacturer

 

Speaking to the French newspaper Les Echos, Lenovo CEO Yang Yuanqing has said the Chinese company could see sense in buying out struggling mobile manufacturer BlackBerry.

According to Yuanquing, a buyout "could possibly make sense, but first I would need to analyse the market and understand what exactly the importance of the company is."

This isn't the first time Lenovo has shown interest in BlackBerry. Back in January, CFO Wong Wai Ming said the company were looking at a possible acquisition of the Canadian company.

"We are looking at all opportunities, RIM and many others. We’ll have no hesitation if the right opportunity comes along that could benefit us and shareholders,” he said.

Following the fresh comments from Lenovo, Blackberry's stock jumped 14 points to its highest point so far this month.

For its part, BlackBerry doesn't seem opposed to working with another company. CEO Thorsten Heins hasn't ruled out investment or a licensing of the company's BlackBerry 10 operating system.

"Before you license the software, you must show that the platform has a large potential," he said. "First we have to fulfill our promises. If we prove that, licensing is conceivable," he said back in January.

Although Lenovo is the world's second-largest PC manufacturer (thanks to almost exclusive dominance in China) a move into the mobile space could help offset some of the decline faced by the PC and laptop markets.

Meanwhile, BlackBerry is due to release it's quarterly earnings on March 28, which will give us a bit more insight into how the company - and its recently released BlackBerry Z10 handset - is performing.

Via: Bloomberg

Best Android Phones

Samsung Galaxy S2 lifestyle
Best Android Phones to buy

Top rated iPhone alternatives powered by Google's mobile OS

Comments

Be the first to comment…

Back to top
Close
T3 Newsletter
Sign up to recieve the T3 newsletters by entering your details below

Your Details

As you're registering with us. we'd like to think that you'd enjoy receiving the following emails; if you'd rather not receive them, please untick the boxes:

I would like to receive other emails from T3, Future Publishing Limited and it's group companies containing news, special offers and product information
I agree to the terms of use and privacy policy and confirm that I am over 16 years of age *
Close
Log in or Join

By clicking below you agree to our terms and conditions and our privacy policy

Log in to T3.com with your preferred social network

Log in with your T3.com account

CloseJoinPlease complete these additional details

Join T3.com with your preferred social network

OR

Join T3.com

Please tick this box to confirm you are 16 years old or over

Just so we know you're human

Newsletters

I would like to receive T3 email newsletters, packed full of the latest tech news, competitions and exclusive offers.

I would like to receive other emails from T3, Future Publishing Limited and its group companies containing news, special offers and product information.

I would like to receive offers from carefully selected third Parties. We will not share your data with the third party.

Close Edit your profile

Change your password

Newsletters

I would like to receive T3 email newsletters, packed full of the latest tech news, competitions and exclusive offers.

I would like to receive other emails from T3, Future Publishing Limited and its group companies containing news, special offers and product information.

I would like to receive offers from carefully selected third Parties. We will not share your data with the third party.

Social networks

You have authorised these social networks to interact with your T3.com account.

Please ensure you deactivate or revoke access to this website from within your social networks settings to ensure all permissions are removed.

Close Forgotten your password

Forgotten your password?

Please enter the email address that you used to sign up and we'll send you a new password

Close
Forgotten password
Don't have a T3 Account? Join now