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Motorola Mobility to shut down Chennai unit
TT Correspondent |  |  11 Dec 2012

Motorola Mobility Holdings Inc. has said that it is shutting down its operations in Chennai.

In August Motorola Mobility said that it was planning to slash 4000 jobs around the world as part of its restructuring initiatives. This is approximately one third of its work force.

Last month Motorola Mobility shut down its India website. In a message for its Indian customers it had said that it was streamlining its business and support systems, and unfortunately, it would no longer have a dedicated website for India.

Mobility was bought by Google Inc for $12.5 billion to use Motorola Mobility's patents to fend off legal attacks on its Android mobile platform and expand beyond its software business.

Motorola Mobility reported a loss of $86m in the first quarter of the year. That was greater than the $81m net loss it made in the same period a year earlier.

In August it was widely reported that it would shrink operations in Asia and India, and center research and development in Chicago, Sunnyvale and Beijing.

According to Wall Street Journal Motorola Mobility LLC also said that it will close most operations in South Korea, a notoriously difficult market for non-Korean cellphone makers.

    
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11 Dec 2012(IST)  
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