We might no longer see the Motorola mobile phones on the shop shelves as Motorola is considering quitting its mobile phone business. This might sound shocking news to many but to those aware of the financial condition of the American electronic company’s business will not be surprised by this move. Motorola’s mobile phone business is trailing behind the world leaders Nokia and Samsung with the company facing an 84% revenue loss in the last quarter of 2007.
The main reason of the slump in the mobile phone business is it could not compete with the cheap handsets especially from the Chinese manufacturers. The technology also is not suitable for multimedia activities demanded by the high-end users in America and Europe. By dissociating itself from the mobile phones business, Motorola will concentrate on its core business that includes radios, networking equipments and household electronics.
Now the question remains who will take over Motorola’s ultra-thin Razr phones? According to an analyst of the company, a Chinese company is interested in buying the business. This once again justifies the current Wall Street joke that describes the state of financially troubled American giants – ‘Shanghai, Dubai or Mumbai or say good-bye.’
Source:Guardian
Image:Telecomwereld
