Wednesday, March 26, 2008

Motorola splits in two But only in 2009

Motorola has split itself two, separating its loss-making mobile phone manufacturing division from its highly profitable broadband and mobility solutions division. Motorola really had no choice, as its weak mobile phone division was dragging the company down, despite its enterprise mobility solutions division reporting record profits of $1.2 billion in the most recent quarter, a jump of 43%. Motorola will still be selling mobile phones. However, its focus will now obviously be on its more profitable division, leaving Nokia and Samsung free to carve up the US as the company's mobile phones division simply cannot compete effectively.

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