China's Lenovo seeks to acquire Blackberry-maker RIM

Jan 26 2013, 01:05 IST
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The Chinese company would also encounter tough regulatory scrutiny in Washington, cybersecurity experts say. (Reuters) The Chinese company would also encounter tough regulatory scrutiny in Washington, cybersecurity experts say. (Reuters)
SummaryThe Chinese company would also encounter tough regulatory scrutiny in Washington, cybersecurity experts say.

has rallied in the last four months as the launch of the BlackBerry 10 devices nears. The company's shares have nearly tripled in value since dipping as low as $6.22 in late September.

Lenovo's shares fell 2.73 percent in Hong Kong during Friday trade, after closing 6.6 percent higher in the previous session.

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