This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
TheStreet Open House

Lenovo Reportedly to Make Nexus 6 Flagship Phone

NEW YORK ( TheStreet) -- The next Google (GOOG) branded Nexus smartphone reportedly will be manufactured by Lenovo. The rumored Nexus 6 device is said to be coming from the soon-to-be owner of Motorola Mobility although that deal won't be completed before release of the new phone.

Google shares were gaining 0.26% to $1,180.48 in early New York trading.

Lenovo, the Chinese-based computer manufacturer, announced late last month it purchased the Motorola phone business from Google for $3 billion. Google received a 6% stake in Lenovo as part of the deal. It is believed Lenovo's main goal was to obtain the majority of Motorola's intellectual property portfolio in the deal rather than the actual hardware business.

Although current Lenovo smartphone distribution is currently limited to markets in Asia and Africa with hopes of expanding to other markets, the company ranks in the top-five of handset makers in terms of sales. Lenovo plans to expand distribution to the Middle East and Latin America in the near future but has yet to announce plans for bringing its Android phones to North America.

The current flagship handset running a pure version of the Android operating system is the Nexus 5 produced by LG. A bright red version of the popular model has just been announced. Previous Nexus smartphones have been made by HTC and Samsung.

No Nexus 6 specifications have been leaked so far. A formal announcement is expected in the second quarter; possibly as early as April.

There are also reports that the upcoming small Nexus tablet will actually be a little larger than previous models. The Nexus 7 will be up-sized to the Nexus 8 and will reportedly still be made by Asus. Google needs to increase screen size to better differentiate new tablets from the current trend of 5-and-6 inch, super-sized smartphones as well as better compete with the popular 8-inch screen  Apple (AAPL)  iPad mini and new, smaller Microsoft (MSFT) Windows 8 tablets.

Google is also believed to be working on a refresh of its larger Android tablet. The second-generation Nexus 10 will be  reportedly manufactured by HTC. HTC was said to have been originally asked to work on the original Nexus 7 but passed. Google then turned to Asus to help design and build the popular model.

-- Written by Gary Krakow in New York.

To submit a news tip, send an email to tips@thestreet.com.

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
DOW 17,265.99 +109.14 0.64%
S&P 500 2,011.36 +9.79 0.49%
NASDAQ 4,593.4250 +31.2360 0.68%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs