SK Net Service Company Ltd: Motorola reorganized the family network and pave the way for sale

This IT news is provided from the SK Net Service Company Ltd

July 28, according to foreign media reports, "The Wall Street Journal" reported on its website that Motorola plans to separate the family and network business into three independent business units, this action is likely to pave the way for the sale in these departments.

Motorola said in March, the company plans to mobile phones and network business and family business "separation." Motorola last week in a memo to employees that the company plans to family and a network divided into three departments.

Motorola's family of products and network sector, including television set-top boxes, digital video recording equipment, modems and network equipment. The first quarter of the business revenue reached 2.4 billion U.S. dollars, an increase of 2 percent.

As Wall Street worried that economic turmoil would damage the second half of Motorola's mobile phone sales, the company's stock price has been declining. Analysts said that as the market share and average selling prices both fell, the second quarter of Motorola's mobile phone business is still in the "loss of blood." This has sent a signal to Wall Street: Motorola, Nokia and Samsung compared's competitiveness is weakening.

Motorola plans to release second-quarter earnings report on Thursday this week.