Lenovo is busy on several business unit fronts, including debuting new Windows 8 devices such as ultrabooks and a big tablet called "Table PC," as well as smartphones, which the PC maker believes will put it on a fast track to revenue and sales growth. "Very soon you will see we'll start to make money in the China smartphone area," said CEO Yang Yuanqing, who plans to divide his company into two groups for faster product development.

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