| Lenovo, Motorola Hanging Up on Cellphones? |
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| Friday, 01 February 2008 05:45 | |||
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SCHAUMBURG, IL – Lenovo yesterday said it plans to sell its failing mobile phone business for $100 million to a private equity firm under its parent, Legend Holdings. Meanwhile, Motorola said it is exploring the restructuring of its businesses as an attempt to restore its handset division. The company is considering alternatives, one of which is to separate the mobile phone business from other units. Until its board has made plans, the company said it would not discuss further actions. Motorola’s sales of handsets slipped last year. Its popular Razr still sells, but brings in little profit, published reports say. Last week, the company reported an 84% drop in profits for the fourth quarter.
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| Last Updated on Friday, 01 February 2008 06:16 |
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Alpha Introduces Lumet LED Materials
Lumet LED materials are for die attach and package, package on board, Luminaire module, power driver/supply and control systems. Lumet P33 Pb-free, no-clean solder paste for LED package-on-board...
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