Jan. 30, 2014 1:44 a.m. ET
SEOUL—Lenovo Group Ltd.'s purchase of Google Inc.'s phone business will create a formidable player in a market already fiercely competitive and under pressure from cheap makers.
World-wide, smartphones are dominated by Samsung Electronics Co., which has parlayed a partnership with Google on its popular Android operating system into a 30% share of global smartphone shipments last year.
While Lenovo isn't likely to immediately...
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