SCHAUMBURG, IL -- Motorola plans to split in two units early next year, the company said yesterday.

In a statement, Motorola said it would split its businesses along end-user lines, with consumer-related products like cellphones and set-top boxes moving to one unit, and business and enterprise-related products and services to another. The moves are expected to take place in the March quarter of 2011.

The decision corrects the company's unusual "co-CEO" arrangement. Current co-CEO Sanjay Jha will assume the head of Motorola's entertainment and consumer devices, which includes its smartphones. His counterpart Greg Brown will head the high-tech business solutions unit.

The decision supersedes an earlier plan to spin off the cellphone business.

Both units will be publicly traded and will have use of the Motorola name. The consumer side will own the name, while the business side will license it royalty-free.

Motorola has annual sales of about $11 billion.

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