Friday, March 28, 2008

Motorola split!

Motorola, the world's 3rd largest handset manufacturer, has finally caved in to the demands of its investors with its decision to divide the business into 2 independent, publicly-traded companies - Mobile Devices and Broadband & Mobility Solutions.

The brains behind this strategic shift believe this will improve efficiency, flexibility, and increased management focus. Mobile Devices will concentrate on design, manufacture, and sales of "compelling" mobile phones and accessories around the globe. On the other hand, Broadband & Mobility will cater to the needs of the government and other enterprises.

No comments: