Things not going right for Motorola
Motorola has come out with their latest revenue report and the numbers are not good.
The company has posted a quarterly net loss. Revenues are down 15% which is worse than market expectations.
Motorola has also said that they are now delaying the process of spinning off its mobile division.
RBC Capital analyst [...]
Safran Group acquiring fingerprint scanner division of Motorola
Safran Group is a France based aerospace and defense manufacturer.
The company has now announced that they are acquiring Motorola’s biometrics unit.
This Motorola unit manufactures fingerprint scanners and other similar devices.
The two companies did not disclose the financial aspects of their deal.
Motorola said that they are selling this division [...]
Freescale Semiconductor considering sale of cell phone business
Freescale Semiconductor has said that they are now considering selling off their cell phone business.
They are considering several options including selling, a joint venture with another company.
The company used to be part of Motorola at one time which itself is struggling in the mobile market.
Motorola is [...]
Esko Aho is the new head of corporate relations at Nokia
Mobile phone maker Nokia has named former Finnish Prime Minister Esko Aho as their new head of corporate relations.
He would start his work in the company from November this year.
He would take over from Veli Sundbaeck who would retire from the company sometime next year.
Aho [...]
Motorola just manages to stay third largest mobile phone company
Motorola used to be the second largest mobile phone company in the world till just few months ago.
Then Samsung overtook them to become the second largest player.
Now, LG is closing in as Motorola has just managed to retain the third spot in the latest reports.
Nokia [...]
Motorola posts a profit for the second quarter
US based mobile phone maker Motorola surprised the market analysts by posting a small profit in their second fiscal quarter.
The company also managed to ship more mobile phones in this quarter compared to the first one.
Motorola said in its report that they earned USD 4 million in the [...]
Motorola sues Michael Fenger over his iPhone assignment
Motorola has filed a lawsuit against former employee Michael Fenger for moving to Apple breaking their non-compete agreement.
Motorola claims that Fenger took a job with Apple on their iPhone project less than a month after leaving the company.
The company also claims that he threatened them to reveal its [...]
Wi-Lan takes on Motorola, Research in Motion and UTStarcom
Canadian company Wi-Lan has announced that they are now suing Motorola, Research in Motion and UTStarcom.
This lawsuit is related to patent infringement claims made by Wi-Lan.
The company said that they have filed on this lawsuit in the U.S. District Court for the Eastern District of Texas.
They [...]
BlackBerry gains in the US market
Market research firm IDC has reported that RIM’s Blackberry has gained some market share in the USA.
Blackberry increased its share of the U.S. Smartphone market in the first quarter of the year.
They managed to take away customers from rival companies like Apple.
Their research report said that Blackberry’s share [...]
Motorola posts losses of $194 million
Motorola seems to be failing to recover from slow growth of their mobile phone devices. They have still not come out with a megahit mobile phone range after the Razr and this show in their revenue report.
The company has posted losses of $194 million.
This is worse performance compared to [...]
