Did Lenovo buy IBM's laptop business to sell phones?

"Lenovo said they intend to expand their mobile phone business, and have doubled sales over last year. We expect they will take this success to the export market. It's no secret that Western carriers are reticent to purchase Chinese handsets from the likes of Ningpo Bird, ZTE, etc because of fears of lower quality or culture/communication challenges. But Lenovo can now say, 'We understand Western business. You can trust our quality. We're the people who sell the Thinkpad.'"