Motorola’s joint venture in China, Hangzhou Motorola Cellular Equipment is reportedly intending to spin off its mobile handsets division as it has called for a freeze on production of mobile phones in the following month.
According to the Motorola China spokesperson, Chen Lei, the mobile phone sector will be incorporated into the production lines in Tianjin Motorola after the first quarter of this year.
Further he added that the Hangzhou Motorola will concentrate on TV set-top-box business, broadband and mobile network equipments.
The move is also directed to help Motorola reduce its costs as the handset industry in Tianjin offers better potential.
Motorola’s ISC Hangzhou Site is a joint venture founded in 1996, and has around 5,000 employees working at two manufacturing plants-- Hangzhou Motorola Cellular Equipment and Hangzhou Eastcom Cellular Phone.
Saturday, March 7, 2009
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