| Hanging Up: Motorola to Spinoff Phone Biz |
 |
 |
| Written by Mike Buetow | |||
| Wednesday, 26 March 2008 09:37 | |||
|
SCHAUMBURG, IL – Motorola Inc. will separate its struggling handset business from other operations, forming two separate publicly traded companies. The company said the handset business will make up one unit, while home and networks products, and enterprise mobility solutions will be bundled into a separate business. Pending shareholder approval, the moves would take place next year.
The move is seen as a response to heavy pressure from its second-leading shareholder, Carl Icahn, to revamp the business. "Our priorities have not changed with today's announcement," said chief executive Greg Brown said in a statement. "We remain committed to improving the performance of our Mobile Devices business by delivering compelling products that meet the needs of customers and consumers around the world." Motorola will seek a new chief executive for the Mobile Devices business, which has suffered heavy fiscal and market share losses during the past two years.
|
|||
| Last Updated on Wednesday, 26 March 2008 09:41 |
Columns
| An Early Spring? |
The second half of 2011 is behind us, literally and figuratively. |
| Read more... |
| ‘An End-to-End Solution for Assembled HDI Rigid-Flex’ |
Multi-Fineline Electronix (MFLEX) and AT&S last week announced an agreement to share their respective printed circuit board technologies. Under the agreement, AT&S's high-density interconnect (HDI) rigid PCBs and MFLEX's flex board capabilities will be offered to respective customers, and the two will partner on rigid-flex technology. |
| Read more... |
Features
| SMT Stencils from a Production Perspective |
Is the slew of new materials, coatings and processes truly unique, or just the same old hype? |
| Read more... |
| Implementing Good Test Coverage and Eliminating Escapes |
Experimental data reveal a strong correlation between SPI and AXI. |
| Read more... |
Search
Search
Login
CB Login
Language
Language
Products
Custom Products & Services Offers Work Benches
These modular work benches offer quality and versatility for work areas that include network labs, assembly areas, shipping stations, security and command consoles, or as computer repair benches. Can...
These modular work benches offer quality and versatility for work areas that include network labs, assembly areas, shipping stations, security and command consoles, or as computer repair benches. Can...
