Lenovo sees op margins above 10 pct for mobiles

TAIPEI Nov 27 (Reuters) - Lenovo (0992.HK), the world's No. 4 PC maker, expects operating margins for its mobile Internet devices to be higher than 10 percent, after saying it would reacquire the cellphone business it sold last year.

"When the market becomes a little more mature, the number (10 percent) will be a little bit on the low side," Lenovo's Chief Financial Officer Wong Wai Ming told reporters.

Earlier, Lenovo had said it would pay $200 million to buy back Lenovo Mobile, as the lines blur between mobile phones and personal computers. [ID:nHKG1223] (Reporting by Kelvin Soh, editing by Will Waterman) ((kelvin.soh@thomsonreuters.com; +886 2 2508 0815; Reuters Messaging: kelvin.soh.reuters.com@reuters.net)) ((If you have a query or comment on this story, send an email to news.feedback.asia@thomsonreuters.com))