Motorola’s Recent History
Recently, a massive turnaround plan has been executed successfully by CEO Edward Zander, although many credit former CEO Chris Galvin with taking the first comprehensive steps. Due to recent layoffs and the spinoff of Freescale Semiconductor, the number of employees working for Motorola has gone from just over 150,000 to approximately 66,000. Motorola has recently been regaining market share in the cellular-phone business from Nokia, Samsung and others due to stylish new cellular phone designs like the Motorola RAZR V3. The company also unveiled the first ever iTunes phone, the Motorola ROKR E1, in September 2005, and the Motorola SLVR in January 2006. Motorola has recently announced its new iRadio music service as a potential substitute for iTunes compatibility.
chief @ November 23, 2006