STEVE INSKEEP, HOST: NPR's business news starts with mobile investment in China.</s>STEVE INSKEEP, HOST: The world's second-biggest maker of personal computers, Lenovo Group, announced today that it will invest nearly $800 million over the next five years to build a mobile device facility in China. The company will develop and manufacture products like smartphones, tablet computers, other mobile devices to meet growing global demand.</s>STEVE INSKEEP, HOST: Sluggish PC sales have prompted the Chinese-based company to shift focus to mobile technology and begin directly taking on industry giants like Apple and Samsung.</s>STEVE INSKEEP, HOST: The new facility will begin operations in 2013.
The world's second biggest maker of personal computers Lenovo Group has announced it will invest nearly $800 million over the next five years to build a mobile device facility in China. The company will develop and manufacture products like smartphones, tablet computers and other mobile devices to meet growing global demand.