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Hello again Moto, and goodbye Lenovo. No, Lenovo isn’t closing up shop—that would be a silly move for the largest supplier of PCs in the world—but it does plan to stop marketing smartphones under its own brand name. All future smartphones from Lenovo will be labeled as Moto phones. Lenovo will also put new leadership in place at its smartphone
Source: Hot Hardware – Lenovo Says Hello Moto For All Future Smartphone Branding