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Add Samsung to the list of mobile phone manufacturers that are unwilling to buy Motorola’s ailing handset division. Sony Ericsson doesn’t want anything to do with it, LG is staying away, and now Samsung’s announced that they don’t want to take a bite of Motorola’s profit-free concoction.
Choi Gee-sung, head of Samsung’s mobile phone unit, told Yonhap News that Samsung would not be buying Motorola’s mobile phone division. Apparently, Motorola offers too many “overlapping areas and too little gain” and would not be a good “supplement” to Samsung’s operations.
Samsung has already overtaken Motorola as the No. 2 mobile phone manufacturer, and it just doesn’t make fiscal sense to buy Motorola’s handset division (which is valued at $9 to $12 billion).
It’s a good thing Motorola CEO Greg Brown is “fully committed” to Motorola’s handset operations. Seeing as how he recently took direct control of the unit, we’d certainly hope so.
[Via: Reuters]
About The Author
Will Park
Will hails from The City of Angels - Los Angeles, California. He spends his time playing with his numerous gadgets and looking forward to seeing what future holds for mobile technology. An avid promoter of a fully "digital" life, he promotes the widespread adoption of truly mobile, paper-less living. He dreams of the day when he can go completely digital. No more snail mail, paper receipts, bound books, notepads/spiral notebooks, credit cards, hard currency. He's a digital warrior - fighting for the converged life. He is an idealist and a realist - he has a perfect view of what the world should be but knows that the world is not perfect. Can we ever hope to see Will's dream become reality? We'll see...
