Lenovo has started to map out plans to re-acquire its former mobile business, Lenovo Mobile, putting up $200 million in cash and stock thanks to its return to profitability. Lenovo Mobile was sold to a group of investors last year and now it looks like they are ready to buy it back. Once they do, [...]

Sony Ericsson may be laying off another potential 2,000 workers some time soon in an effort to restore profitability at the troubled mobile phone maker. The move to axe 2,000 staff and contractors in 2009 from the 10,000-strong workforce follows hard on the heels of last year’s removal of 2,000 jobs. It underlines how Dick [...]