Latest in Mobile

Image credit:

Motorola officially considering dropping its phone unit

Paul Miller, @futurepaul
January 31, 2008
Share
Tweet
Share

Sponsored Links

Rumor no longer, Motorola is taking a hard look at its Mobile Devices unit and might very well give those slackers the ol' Freescale treatment and spin off the division as a separate company. This sort of love 'em and leave 'em tactic is oddly a bit of a habit with Motorola when times are bad, and times certainly have been better -- Motorola's phone unit lost $388 million this quarter, compared to $341 million in earnings a year ago. Motorola may sell the unit or spin it into its own company, which would leave Motorola with precious few intersections with the RAZR-saturated consumer, and as more of a government and enterprise business. Says Greg Brown, current president and CEO: "We are exploring ways in which our Mobile Devices Business can accelerate its recovery and retain and attract talent while enabling our shareholders to realize the value of this great franchise." It's a pretty odd statement for any company to make, and considerations may be further along than they sound, but either way we'll be keeping an eye out for any developments.

[Thanks Stasys; via Unwired View]



All products recommended by Engadget are selected by our editorial team, independent of our parent company. Some of our stories include affiliate links. If you buy something through one of these links, we may earn an affiliate commission.
Share
Tweet
Share

Popular on Engadget

Scientists found an Earth-sized ‘rogue’ planet in the Milky Way

Scientists found an Earth-sized ‘rogue’ planet in the Milky Way

View
Jabra Elite 85t review: Noise-blocking comfort that rivals the best

Jabra Elite 85t review: Noise-blocking comfort that rivals the best

View
Netflix is raising the price of standard and premium plans in the US

Netflix is raising the price of standard and premium plans in the US

View
Vizio's latest TVs add FreeSync, 120Hz 4K gaming support

Vizio's latest TVs add FreeSync, 120Hz 4K gaming support

View
New 'Star Wars: Galaxy's Edge' trailer reveals more about its story

New 'Star Wars: Galaxy's Edge' trailer reveals more about its story

View

From around the web

Page 1Page 1ear iconeye iconFill 23text filevr