Samsung not eyeing Motorola mobile ops
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Samsung Electronics Co. remains optimistic about its handset sales business in 2008 and is not interested in Motorola's mobile unit, a top Samsung executive said Tuesday.
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Nortel's CEO says he'll consider his company's options, but won't comment on possible Motorola merger.
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Samsung Electronics, the world&#39;s top memory chipmaker, said on Thursday its US subsidiary would put aside $100 million in antitrust provisions related to a computer memory chip dispute.
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Sony Ericsson has recently been trailing behind competitors Nokia, Samsung, and Motorola in sales, but with Motorola's recent announcement of mobile business restructuring, its co-parent Ericsson is considering an uncharacteristic move.
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Motorola may spin off its handset business, the weakest part of a wireless giant that has seen hard times and a management shakeup in recent months.The company is &quot;exploring the structural and strategic realignment of its businesses to better equip its Mobile Devices Business to recapture global market leadership and to enhance shareholder value,&quot; Motorola said in a statement Thursday. &quot;The company&#39;s alternatives may include the separation of Mobile Devices from its other businesses.&quot;The handset unit has had trouble coming up with a successor to the popular Razr phone, and in last year&#39;s third quarter it fell to third place in worldwide sales behind Samsung. But spinning off the division, which forms the largest part of Motorola&#39;s business, would be a drastic move.Motorola had 13 percent of the worldwide handset market in last year&#39;s third quarter, down from a 21 percent share a year earlier, according to Gartner. Samsung had 15 percent and Nokia 38 percent.Thursday&#39;s announcement doesn&#39;t guarantee the handset business will be spun off. CEO Greg Brown said in the statement that Motorola was exploring ways in which the unit can recover faster and retain and attract talent, plus help shareholders &quot;realize the value of this great franchise.&quot;In its fourth-quarter results announced last week, Motorola said the Mobile Devices Business lost $388 million on revenue of $4.8 billion, down from a profit of $341 million on revenue of $7.8 billion a year earlier. Fourth-quarter sales were up in both the Home and Networks Mobility group, which makes set-top boxes and wireless infrastructure, and in Enterprise Mobility, which benefitted from&#160;Motorola&#39;s acquisition of Symbol Technologies&#160;early last year.Motorola as a whole lost $49 million for the year.&#160;CEO Ed Zander stepped down in late November, replaced by Brown.
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Samsung Electronics Co Ltd said on Monday  it is considering a low-cost mobile phone worth $40-50 that  comes with color features to fight bigger rival Nokia
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Motorola Inc., the world's No. 2 maker  of cell phones, on Tuesday said it would cut 1,000 jobs in  three of its units as it puts its effort behind wireless  communications in an increasingly competitive market.
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Motorola&#39;s mobile-phone business continued to lose its signal in the fourth quarter, dragging the company&#39;s revenue and profit down.
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Motorola Inc , the world's  third biggest mobile phone maker, on Sunday unveiled two new  phones and a plan to buy Asian digital music service Soundbuzz  as it looks to stem recent market share losses.
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Motorola is completing a spinoff of its chip operations, now operating independently as Freescale Semiconductor. A Motorola spokeswoman says that has made some corporate positions unnecessary.
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Motorola Inc. may have gotten a  Christmas present from rival cell phone maker Samsung -- the  Asian company was slow to beef up its product portfolio in time  for the holiday season, giving Motorola's newest feature-rich  phones an edge, analysts said.
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Some key technologies will not be included in the deal. Sony and Samsung will not share patented technology related to Sony&#39;s Digital Reality Creation (DRC) and PlayStation architecture or to
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Motorola&#39;s mobile-phone business continued to lose its signal in the fourth quarter, dragging the company&#39;s revenue and profit down.The Schaumburg, Illinois, company has had trouble coming up with a phone to match the success of its original Razr, which is now several years old and does little for the company&#39;s bottom line. Motorola&#39;s Mobile Devices unit had sales of $4.8 billion in the fourth quarter, down from $7.8 billion a year earlier, and the division lost $388 million compared with profit of $341 million in last year&#39;s fourth quarter.Stronger results with enterprise and home-network products eased Motorola&#39;s pain, but the company still reported a steep fall in profit for the quarter and a loss for the full year 2007. In the fourth quarter, Motorola had net income of $100 million and earnings per share of $0.04, down from $529 million or $0.25 a year earlier. The company lost $49 million or $0.02 per share for the year. Companywide, revenue in the quarter fell to $9.6 billion from $11.8 billion a year earlier.The outlook for the current quarter is no better. Along with Wednesday&#39;s earnings report, Motorola forecast a loss of between $0.05 per share and $0.07 per share, excluding charges associated with its cost-reduction initiatives and other items.&quot;The recovery in Mobile Devices will take longer than expected and there is a lot more work to be done,&quot; CEO Greg Brown said in a prepared statement. The company&#39;s &quot;primary focus&quot; is to improve profits and enhance its mobile products, he added. Motorola is also focused on reducing costs and took several steps to make the Mobile Devices business more efficient, he said.Once locked in a struggle with Nokia for cell-phone sales leadership,&#160;Motorola had fallen to third place&#160;behind Samsung by last year&#39;s third quarter. Last May, when it introduced the Razr&#39;s successor, called the Razr2, the company said it hoped the new device would cut losses. But tough times have continued in the face of Apple&#39;s iPhone and other high-profile competitors, and in late November,&#160;CEO Ed Zander was replaced by Brown.Fourth-quarter sales were up in both the Home and Networks Mobility group, which makes set-top boxes and wireless infrastructure, and in Enterprise Mobility, which benefitted from Motorola&#39;s acquisition of Symbol Technologies early last year. The home business saw sales rise 11 percent to $2.7 billion, though its profit fell to $192 million. Profit in the home business soared to $451 million from $323 million in the fourth quarter of 2006, while sales were up 35 percent to $2.1 billion.In midday trading Wednesday, Motorola&#39;s shares on the New York Stock Exchange were down $2.32 to $10.00 amid a generally weak day on Wall Street.
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FCC welcomes, Nokia interested, Ericsson turns down As the reality of Google's Android mobile phone operating system starts to sink in, the industry is asking those not involved in the Open Handset Alliance why they decided to stay away.â¦
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900MHz of static Google has refused to comment on "speculation" in today's papers that it will bid to provide mobile broadband in Ofcom's mooted auction of radio spectrum in 2009.â¦
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Are there more changes ahead for Motorola?
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Motorola Inc. is weighing the possible sale of its mobile unit after the company saw sales of its phones and other devices drop 33% during the last year.