A Lenovo-NEC smartphone joint venture would build on the companies' existing PC relationships.
A rumored Lenovo-NEC smartphone joint venture would help Lenovo ramp up its phone business and expand existing supply chain relationships the companies have already established in the PC sector.
The rumor mill's latest spin is that Lenovo Group Ltd. and NEC Corp. are in "detailed discussions" to team up on mobile, according to Reuters. The widespread chatter is that the companies might be forging a deal to integrate smartphone manufacturing and retail activities.
It wouldn't be the first time the two companies have partnered. Chinese consumer electronics manufacturer Lenovo and Japanese electronics conglomerate NEC formed a PC joint venture in 2011.
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