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US hi-tech supply chain specialist Flextronics yesterday sought to allay fears that Lenovo’s impending $2.9bn acquisition of the Motorola mobile phone business from technology giant Google could cut a swathe through its future revenues.

Presenting the company’s third-quarter results, chief executive Mike McNamara fielded a series of questions from analysts on the implications of the deal for Flextronics, days days after it was announced that the Chinese manufacturer is also to acquire IBM’s low-end x86 server business for $2.3bn.

Together, around 18% ...

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