cellphones & financial & news & technology & telecommunications MAZ on 29 Jan 2008 07:05 am
Motorola may be getting out of the cellphone business.
“There is a possibility that Motorola, Inc. may exit the handset business and concentrate on becoming an enterprise and government company, Richard Windsor, an analyst with Nomura International, told clients a in note published on Tuesday. He added that speculation about Chinese vendors buying the company has risen again, but said a deal is unlikely as those vendors don’t have much of an idea how to fix Motorola’s problems, which he believes are related to platform and software more than hardware.”
Via MarketWatch
on 29 Jan 2008 at 10:13 am 1.blogengage said …
When I read this it makes me wonder who’s going to supply me with replacement phones if I’m currently using Motorola? I love Motorola and only buy cell phones from this company! I think they have great products and shouldn’t discontinue their line!
I wonder why they want to leave a multi billion dollar industry?