March 16 at 3:39 p.m.
Filed under:
Cell phones,
Chicago executives
By Wailin Wong
Sanjay Jha. (Robyn Beck/AFP/Getty Images)
Motorola Mobility Holdings Inc. has modified Chief Executive Sanjay Jha’s employment agreement to give him a monthly housing allowance instead of reimbursing him for his relocation from California to Illinois.
Jha, who was chief operating officer at San Diego, Calif.-based Qualcomm before taking the co-CEO position at Motorola Inc. in 2008, makes regular commutes from his West Coast home to the Chicago area. Motorola Mobility, which was split off from Motorola at the beginning of this year, is headquartered in Libertyville and has an office in San Diego. Get the full story »
March 15 at 2:57 p.m.
Filed under:
Chicago executives
By Wailin Wong
Greg Brown and Sanjay Jha, the chief executives of Motorola Solutions Inc. and Motorola Mobility Inc. saw significant increases in their 2010 compensation from a year earlier, according to a proxy statement Motorola Solutions filed Tuesday with the U.S. Securities and Exchange Commission.
Motorola split into two independent companies in January, with Brown heading Motorola Solutions and Jha in charge of Motorola Mobility. In 2010, Brown’s total compensation was $13.7 million, compared with $8.5 million in 2009. Jha’s total compensation jumped to $13 million from $3.8 million. Get the full story »
By Wailin Wong
Motorola Mobility is planning to make its webtop application, which connects a smart phone with a laptop dock to simulate a desktop experience, a common feature on most of its high-end devices by year-end, Chief Executive Sanjay Jha said Monday.
Motorola introduced the webtop functionality at the Consumer Electronics Show in January, when it unveiled the Atrix, a smart phone running Google’s Android operating system. The Atrix, which will go on sale at AT&T stores next week, nestles into a thin laptop dock with an 11.6-inch display and full keyboard. The phone powers the set-up, which gives the user full PC capabilities, including Web-based desktop applications. Get the full story »
Feb. 18 at 8:21 a.m.
Filed under:
Computers,
Wireless
By Dow Jones Newswires-Wall Street Journal
Motorola Mobility Chief Executive Sanjay Jha defended his decision to sell the company’s coming Xoom tablet in the U.S. at $800, a higher price tag than market leader Apple Inc.’s iPad.
Jha, speaking to reporters at Barcelona’s Mobile World Congress, said a device that was 4G compatible on Verizon’s network was worth the extra money. A 32GB iPad with 3G currently retails in the U.S. for $729. Get the full story »
By Wailin Wong
Shares in Motorola Mobility Holdings were down more than 11 percent, to $30.67, Thursday, a day after strong smart phone launches boosted the handset maker’s results in the fourth quarter.
Bloomberg reported Thursday that the imminent arrival of Apple Inc.’s iPhone at Verizon Wireless had slowed sales at Motorola’s biggest carrier.
To blunt the effect, Bloomberg reported, Chief Executive Officer Sanjay Jha said the company is introducing new phones including the Atrix, trying to sell more handsets through other U.S. carriers and bulk up sales in China and Latin America.
Get the full story »
By Wailin Wong
The world’s most powerful smart phone.
Such a claim is a bold one, but Motorola Mobility is making it at the Consumer Electronics Show, the annual industry confab where companies try to one-up each other with the newest technology and flashiest product releases. Get the full story »
Jan. 4 at 4:24 p.m.
Filed under:
Cell phones,
Telecommunications,
Updated
By Wailin Wong
Motorola Mobility and Motorola Solutions began trading separately on Tuesday, the final step in Motorola’s two-and-half-year process in becoming two independent companies.
Motorola’s longtime ticker symbol, MOT, was retired on Tuesday as Schaumburg-based Motorola Inc. began trading under its new name, Motorola Solutions, with the ticker MSI. Motorola Mobility, which was spun off as a new company, trades under the ticker MMI.
Shares of Motorola Mobility, which includes the smartphone and TV set-top business, closed 9.5 percent higher at $33.12. Shares of Motorola Solutions Inc , which targets businesses with products like barcode scanners, closed up $2.46, or 7.6 percent, at $39.77.
Get the full story »
Dec. 22, 2010 at 8:09 a.m.
Filed under:
Cell phones,
Internet,
Wireless
By Dow Jones Newswires-Wall Street Journal
Verizon Wireless will distribute a smartphone made by Motorola Inc. to run on its new 4G network, the carrier’s chief operating officer, John Stratton, said in an interview Tuesday. The comments mark the first time the carrier has identified a handset maker for the closely watched launch and represent an important vote of confidence in Motorola. Get the full story »
By Reuters
Motorola CEO Sanjay Jha. (PRNewsFoto/Motorola, Andy Kuno)
Shares of Motorola fell 1.5 percent after it warned its cell-phone unit would post a loss in the first quarter, when key client Verizon Wireless is seen starting sales of Apple’s iPhone.
Analysts on Thursday cut their share price targets and earnings estimates for the company, which had only recently posted its first quarterly profit in years.
Motorola’s mobile chief and Co-Chief Executive Sanjay Jha flagged the loss during an investor conference late on Wednesday saying first quarter sales would involve a higher proportion of cheaper phones as the company looks to boost sales at U.S. operators such as AT&T, Sprint Nextel and T-Mobile USA. Get the full story »
By Wailin Wong
Motorola Mobility is planning to make tablet devices in two different sizes, Chief Executive Sanjay Jha said Wednesday.
Jha has previously voiced interest in the tablet space, but offered a few more details during an investment bank conference. Motorola Mobility will make both a 7-inch and a 10-inch tablet because “we view both formats as being quite meaningful,” Jha said. Get the full story »
Nov. 30, 2010 at 4:43 p.m.
Filed under:
Cell phones,
Technology,
Telecommunications,
Updated
By Wailin Wong
Motorola Inc. said Tuesday it will officially split into two companies on Jan. 4, 2011.
The separation is a long time coming, as the Schaumburg-based technology company first announced the decision in March 2008. The complexity of the break-up and the global recession had slowed the process, which involved dividing up not just employees, but assets such as intellectual property and ownership of the Motorola brand. Get the full story »
Sep. 17, 2010 at 8:43 a.m.
Filed under:
Computers,
Consumer electronics
By Dow Jones Newswires-Wall Street Journal
The success of the iPad has put pressure on Motorola. (AP Photo/Andy Wong)
Motorola Inc. aims to deliver a tablet computer early next year, after the key holiday selling season.
“We want to make sure that any tablet that we deliver is competitive in the marketplace, and I think all of us will make sure that we will only deliver that when that occurs,” Co-Chief Executive Sanjay Jha said late Wednesday.
Apple Inc.’s success with its new iPad have made tablets a must-have offering for gadget makers. Samsung Electronics Co. unveiled its seven-inch Galaxy Tab to the U.S. market at an event Thursday. Dell Inc. has already launched its five-inch Streak tablet in the U.S., and others are expected ahead of the holidays. Get the full story »
By Wailin Wong
Motorola Inc. said Thursday it has acquired a company that develops location-based software for smartphone devices.
Terms of the deal with Aloqa GmbH, which has offices in Munich, Germany and Palo Alto, Calif., were not disclosed. Aloqa makes a mobile phone application that delivers content to a device based on where its owner is located. A person might receive discounts on local businesses or information about nearby events, Motorola said. Get the full story »
Sep. 1, 2010 at 7:45 a.m.
Filed under:
Cell phones,
Stock activity,
Telecommunications
By Wailin Wong
Motorola Inc. plans to spin off its mobile phone and television set-top box businesses with $3.5 billion in cash when the Schaumburg-based company splits in two early next year.
Motorola SpinCo Holdings Corp., the entity created in preparation of the separation, disclosed the capitalization amount in a Tuesday filing with the U.S. Securities and Exchange Commission. Get the full story »
Aug. 4, 2010 at 7:01 a.m.
Filed under:
By Wailin Wong
Carl Icahn. (AP photo)
Activist investor Carl Icahn has raised his stake in Schaumburg-based Motorola Inc. to 9.99 percent, according to a Friday filing with the U.S. Securities and Exchange Commission.
Icahn and his investment vehicles last disclosed their Motorola holdings in May, reporting a 8.75 percent stake.
Motorola reported second-quarter earnings last week that showed progress in restoring the mobile phone unit’s profitability, a goal co-Chief Executive Sanjay Jha has set for the fourth quarter.
Get the full story »
