LG says it has no plans to buy Motorola's cellphone biz
Things sure haven't gotten off to the best of starts for Motorola this year, with rumors about it selling off its cellphone business followed by official word on the matter followed by some internal drama and a lackluster showing at Mobile World Congress to boot. Now comes word from LG CEO for mobile Skott Ahn that the company has "never looked to buy Motorola," echoing a similar sentiment from Sony Ericsson, which had also been rumored as a possible buyer for Motorola's cellphone division. In other LG news, the company reportedly downplayed talk that it was planning to introduce a sub-$25 phone, but says it still plans to expand into emerging markets, and that it is "comfortable" it'll ship more than 100 million handsets worldwide this year.
[Via mocoNews.net]
