• Split tentatively scheduled for 2009
    • Majority shareholder Carl Icahn is pushing for the split
    • The split companies would trade seperately
    • Motorola has struggled to create a follow-up to the once-popular Razr phones
    • Motorola trails Nokia and Samsung in the handset market
  • March 26, 2008: Motorola, the world's third largest producer of mobile phones, announced a tentative plan to diverge into two separate companies in 2009. The split would isolate Motorola's mobile device division and create a spin-off company focused on Motorola's emerging networking operations.
  • Motorola Facts

    1. Stock symbol: MOT NYSE
    2. Annual revenue (2007): $36.622 billion U.S.
    3. Founders: Paul and Joseph Galvin
    4. Year Established: 1928
    5. Industry: Telecommunications
    6. Phone: 1-847-576-5000
    7. Fax: 1-847-576-5372
    8. HQ: Schaumburg, Illinois
    9. President and CEO: Gregory Q. Brown
    10. CFO: Paul J. Liska
    11. Staff: 66,000
    12. Other key people: Patricia B. Morrison, Chief Information Officer
    13. Products: Primarily cell phones and cell phone peripherals
    14. Initially called: Galvin Manufacturing Corporation
    15. Created the worlds first commercial cellular device, the DynaTAC 8000X, in 1983

  • Market Share

    Motorola's handset market share has recently declined in the face of competition from Nokia and Apple.Reuters: Motorola shares at 5-year low on competition fears (June 19, 2008) Nokia was bolstered after joining its mobile device division with Sony and its networking division with Ericsson and Siemens.

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