FT speculates Tawainese vendor could see acquisition as a way to gain US relationships.
A Financial Times editorial has taken a downcast view of Motorola's handset business by suggesting that "no matter how many surplus crew members are thrown overboard, there comes a point with any foundering ship when it is time to accept the inevitable".By this the article presumable means a buy out or closure - yesterday Moto confirmed it was shedding a further 4,000 jobs on top of the 3,000 it had already cut.
The FT speculates that Moto's business relationships and low share price may be of value to smartphone maker HTC, which could take on the business as a way of securing greater US presence.
Moto's handset market share is now at six per cent, compared to 20 per cent at its height three years ago, and the article asserts that further deterioration and losses "seem likely", with an Android phone some way off and competitors upping their game in light of iPhone.
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