Motorola considers ditching cell phone biz
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Company said Thursday that it's seeking alternatives that might include selling off its cell phone business.
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Motorola Inc., the world&#39;s second-largest maker of mobile phones, will cut 1,000 jobs as the company prepares to spin off its computer-chip business, costing $50 million in severance payments.
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Woes continue Despite a new CEO, there are no signs yet of a turnaround for Motorola. The company's mobile phone division recorded a shocking quarter, with the unit's revenues down 38 per cent year-on-year, losing $388m along the way. Motorola's mobile division recorded a $1.2bn loss in 2007.â¦
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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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Telecommunications equipment maker Motorola Inc.  said on Tuesday that it would cut 1,000 jobs and take related charges of about &#36;50 million to focus on its wireless business.
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Motorola's mobile-phone business recorded a $138 million loss in the third quarter, with handset revenues declining by 36 percent to $4.5 billion in comparison with the year-earlier period. Nevertheless, Motorola executives remain upbeat about the ailing unit's prospects for returning to profitability, noting that substantial progress has been made during the quarter.
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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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BetaNews examines why Nomura financial analyst Richard Windsor toyed with the idea of Motorola surrendering its handset business to focus on enterprise and government solutions.
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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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Next, you could have a Motorola mobile phone with MasterCard PayPass to help you spend money faster. &quot;This is layering on more features to make the cell phone
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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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Telecommunications equipment maker  Motorola Inc. MOT.N said on Tuesday that it would cut 1,000  jobs and take related charges of about $50 million to focus on  its wireless business.
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Dell's no business like mobe business Dell's ardour for the mobile phone business seems very much cooled. When asked yesterday about the company's possible interest in buying up Motorola's mobile phone business, Michael Dell responded that the company is "more focused on the computer business", and wouldn't be drawn further.â¦
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The company says it will take a charge of 50 (m) million dollars for severance benefits. Motorola is completing a spinoff of its Austin-based chip operations, now operating independently as Freescale Semiconductor.
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With a view to focusing on its wireless business, Motorola Inc. said it plans to slash 1,000 jobs, or 1 percent of its staff, and absorb charges of about $50 million.
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CHICAGO -- Chief Executive Officer Ed Zander's job at Motorola Inc. is on the line more than ever after he warned that the struggling company's cell phone unit will be unprofitable at least until 2008.
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Motorola Inc (MOT.N), the world's No. 3 mobile phone maker, said on Thursday it would explore strategic alternatives including a possible separation of its mobile devices business from its other units.