CEO Larry Page says Google GOOG -1.42% wants to focus on Android and believes Motorola will be “better served” by Lenovo in the “super competitive” smartphone market. Google will continue its investments in other hardware such as wearables and smart home devices.
After a brief foray into the smartphone device business, Google CEO Larry Page announced that the company is selling its Motorola Mobility division to China’s Lenovo for $2.91 billion so it can focus instead on its Android mobile operating system software and the new wave of smart devices.
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