Motorola is considering restructuring its mobile business
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In an extraordinary public admission Thursday afternoon, Motorola CEO Greg Brown issued a statement saying his company is indeed considering ways to restructure its mobile devices and services business.
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Motorola Inc  on Wednesday forecast a second-quarter loss and lower revenue and said it no longer expects its mobile device business to be profitable for the full year 2007, blaming weak sales of cell phones in Asia and Europe.
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Motorola Inc. is laying off 1,000 employees in conjunction with its upcoming chip unit spinoff and ongoing efforts to reduce operating costs, the company said Tuesday in a regulatory filing.
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Motorola Inc  has essentially put its mobile phone unit up for sale, but the company is unlikely to be able to seal a deal any time soon despite a plethora of possible buyers.
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New Motorola Inc. CEO Greg Brown doesn't have the secret weapon his predecessor Ed Zander possessed when he arrived at the cell phone maker four years ago Â the Razr. But that could be a good thing Â if Brown, who took over Tuesday as chief executive, applies lessons learned from Motorola's nasty fall last year.
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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.
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By Anna Marie Kukec Daily Herald Business Writer  Goodbye, analog.  Or shall we say, good riddance? At least that could be what executives at the mobile phone service providers are thinking.
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Motorola said Thursday that it was exploring the possibility of selling or spinning off its cellular phone business as a way to make the company more profitable.
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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's latest move against its rival is a lawsuit.
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By Deborah Cohen CHICAGO  - Motorola Inc.  is betting it canwin more business from U.S. mobile phone company Sprint Corp. as a result of Sprint's planned takeover of NextelCommunications Inc. , Motorola's chief strategist said.
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Motorola Inc  expects a  challenging year, with recovery in its money-losing mobile  devices business taking longer than expected, Chief Executive  Greg Brown said on Wednesday.
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NEW YORK - Like a boxer shedding pounds to get to his fighting weight, Motorola is trimming down to take on the mobile phone market, shedding jobs and spinning off divisions.
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Motorola Inc. MOT.N is betting it can  win more business from U.S. mobile phone company Sprint Corp.  FON.N as a result of Sprint's planned takeover of Nextel  Communications Inc. NXTL.O, Motorola's chief strategist said.
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Motorola Inc  is aiming to cut  its quarterly research and development expenses for mobile  devices by about 15 percent by the end of 2007 to try to return  to profitability.
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Motorola Inc. , which has  warned that it will post a second quarterly loss in a row,  announced a business reorganization on Tuesday that one analyst  said could help the mobile phone maker cut costs.
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The layoffs come as Motorola completes the spinoff of its semiconductor division. Also: Akimbo Systems signs a deal for content from Time Warner's Turner Broadcasting System & hellip;. PalmSource introduces a smart phone operating system & hellip;. and more.