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Motorola May Spin Off or Sell Phone Unit
Feb 1, 2008
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Motorola Inc. it is considering separating the handset unit from its other businesses in an effort to snap a deep slump that has followed its meteoric success with the Razr. Motorola said in a statement that separating the mobile devices business, which is dominated by cell phones, would "permit each business to grow and better serve its customers." Its two smaller businesses are home and networks, which sells TV set-top boxes and modems, and enterprise mobility solutions, which sells computing and communications equipment to businesses.

"We are exploring ways in which our mobile devices business can accelerate its recovery and retain and attract talent while enabling our shareholders to realize the value of this great franchise," Chief Executive Greg Brown said in the company's statement. (AP)

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