Motorola to pull out of South Korea in 2013, shed around 500 jobs

Motorola to pull out of South Korea in 2013, shed around 500 jobs

As part of its Google-led overhaul to become a lean and mean smartphone outfit, Motorola is pulling out of South Korea next year. Around 540 jobs will be lost, with 60-or-so staffers being offered a chance to relocate to the company's R&D departments elsewhere. It's not the first high-profile departure from the country this year, after HTC found it difficult to compete with the local superpowers -- and we can't imagine it'll be the last.