Motorola has finally provided more details regarding the company's plans to split into two independently trading companies.
In 2008 Motorola said it would spin off its mobile division into a separate company. At the time, Motorola's phone division wasn't doing too well. Following the rise and fall of the RAZR, the company had had very little success in the cell phone market. The revelation that Motorola was dividing itself in two was largely seen as Moto segregating one division that was dragging the entire company down.
Since that initial announcement in March 2008, Motorola phones have been quite successful. Along with the DROID, the company has several more Android phones scheduled for launch this year. However, Motorola has confirmed that it will go ahead with plans to spin off its mobile arm. The company has said it is aiming at the first quarter of 2011 for its planned separation.
No comments:
Post a Comment