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Motorola Formally Spins-Off Mobility Business

After the initial announcement in 2008, Motorola Inc, has formally completed the division of the company into two separate entities, Motorola Mobility and Motorola Solutions. While Motorola Mobility, will focus on the consumer mobile phone and digital set-top-box business, Motorola Solutions will take care of the enterprise and government front with communication, public safety (two-way radios) and data capture technology solutions. Sanjay Jha will continue to be the CEO of Motorola Mobility, while the Solutions arm will be headed by Greg Brown. Motorola Solutions will use the original blue colored Motorola logo, while Mobilty will sport a red logo. According to The Chicago Sun Times, Motorola Mobility will start as an $11 billion to $12 billion company. Motorola globally shipped 9.1 million handsets including 3.8 million smart phones in Q3 2010, generating a sales of $2 billion marking a 20% growth against its Q3 2009 sales. It also generated $900 million from its home products division which makes digital set top boxes. Riding The Android Wave After a major decline in its market share in 2007-08, the company did see some positive signs after riding the Android bandwagon with the launch of its Droid smart phone in the US. A market study by mobile and wireless research firm iSuppli shows that although Motorola faced stiff competition from Apple's iPhone and RIM's BlackBerry mobile platforms, and from Samsung and HTC who also made Android based devices, it did see a steady growth in terms of sales and market share. Motorola registered an increase of 12.5% in its…

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