BUSINESS

Google is working on 'Moto X' smartphone: Motorola CEO

By Alexei Oreskovic
May 31, 2013

Motorola plans to launch a new, made-in-the-USA "Moto X" smartphone, CEO Dennis Woodside said on Wednesday, confirming speculation the once-dominant cellphone maker intends to make a comeback in the hotly competitive mobile market.

Motorola, which Google Inc bought for $12.5 billion in 2012, has

steadily ceded market share to Apple Inc and Samsung Electronics Co Ltd, with its latest phones garnering a relatively lukewarm reception.

The "Moto X", details of which are not yet available, will be built at a 5,500 square-feet facility in Texas that will employ 2,000 people by August.

Woodside told the AllThingsD conference in Palos Verdes that he was "pretty confident in the products we're going to be shipping in the fall."

Alexei Oreskovic in Rancho Palos Verdes
Source: REUTERS
© Copyright 2024 Reuters Limited. All rights reserved. Republication or redistribution of Reuters content, including by framing or similar means, is expressly prohibited without the prior written consent of Reuters. Reuters shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Recommended by Rediff.com

NEXT ARTICLE

NewsBusinessMoviesSportsCricketGet AheadDiscussionLabsMyPageVideosCompany Email